New York City » 11238 » Prospect Pl » 240 Prospect Pl

240 Prospect Place #Res, Brooklyn, NY 11238 - Property report

Also known as: 240 Prospect Pl #Res

Property image for 240 Prospect Place #Res, Brooklyn, NY 11238

Property type

Co-op within a Condominium (R9)

Year built

1920

Lot sq. ft.

3,250

Sale price

$700,000

General information

Address

Primary address

240 Prospect Place #Res

ZIP code

11238

Neighborhood

Prospect Heights

Borough

Brooklyn

Block & lot

01159-1002

Building

Property type

Co-op within a Condominium (R9)

Building sq. ft.

6,071

Buildings on lot

Year built

1920

Last altered

1988

Basement

Sales

Sale date

07/17/2006

Sale price

$700,000

Tax

Tax year

2026-2027

Property tax

$40,655

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Distance to wide street

Lot dimensions

32 ft x 100 ft

Lot sq. ft.

3,250

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

93 /100. Biker's Paradise

School district

Community district

View more such as transportation, nearby schools and risk designations.

Units for 240 Prospect Place #Res, Brooklyn, NY

Unit	Sale date	Sq. ft.
01159-1002-cpRES
Unit 1	05/04/2022	1,345
Unit 2	07/12/2017	1,000
Unit 3	04/18/2011
Unit 4	11/21/2017
Unit 6	08/18/2010
Unit 7	09/15/2025
Unit 9	06/11/2025	1,100

Ownership

Ownership information for 240 Prospect Place #Res, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 240 Prospect Place #Res, Brooklyn, NY 11238

Sale date	Sale price	Buyer name	Seller name
07/17/2006	$700,000	XXXXX, XXXXXXX XXX XXXXXXXXX, XXXXXXX	XXXXXXX, XXXXX
06/01/2006	$615,000	XXXXXXX,XX, XXXX X XXX XXXX, XXXXXXXX	XXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/06/2014 - R 11/25/2013 - D	Asgn of Asgn of L&R (2013120300464006)	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX (XXX)	XXX XXX
01/06/2014 - R 11/25/2013 - D	Assignment, Mortgage (2013120300464005)	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX (XXX)	XXX XXX
01/06/2014 - R 11/25/2013 - D	Assignment of Leases and Rents (2013120300464004)	XXX XXXXXXXX XX XXX XXXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX (XXX)
01/06/2014 - R 11/25/2013 - D	Mortgage (2013120300464003)	XXX XXXXXXXX XX XXX XXXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX (XXX)
01/06/2014 - R 11/25/2013 - D	Termination of Assign of L&R (2013120300464002)	XXXXX XXXXX XXXX X X XX XXXXXXX	XXX XXXXXXXX XX XXX XXXX
01/06/2014 - R 11/25/2013 - D	Satisfaction of Mortgage (2013120300464001)	XXX XXXXXXXX XX XXX XXXX	XXXXX XXXXX XXXX X X XX XXXXXXX
08/02/2006 - R 07/17/2006 - D	Both RPTT & RETT (2006071800845001)	XXXXXXX XXXXX	XXXXX XXXXXXX
07/10/2006 - R 06/20/2006 - D	UCC3 Termination (2006051802432001)	XXXXXX XXXXXXX	XXXXXXXXXXXX XXX
06/08/2006 - R 06/01/2006 - D	NYC Real Property Transfer Tax (2006060200552001)	XXXXXX XXXXX	XXXXXXXXX XXXX X
04/28/2006 - R 04/23/2006 - D	UCC3 Continuation (2006040800047001)	XXXX XXXXX	XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 240 Prospect Place #Res, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$40,655

Municipal exemptions

Recent tax assessments

Market value

$3,699,273

Assessed value

$1,664,673

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$3,172,273	$1,427,523	$363,151	12.439%	$45,172	$33,604	+8.30%
2024/25	$3,564,273	$1,603,923	$333,932	12.5%	$42,032	$31,029	+7.36%
2023/24	$3,097,000	$1,393,650	$309,026	12.502%	$38,924	$28,902	+1.50%
2022/23	$3,063,000	$1,378,350	$297,809	12.267%	$37,119	$28,474	+0.79%
2021/22	$2,698,000	$1,214,100	$296,775	12.235%	$36,912	$28,252	-16.12%
2020/21	$2,619,000	$1,178,550	$274,567	12.267%	$34,267	$33,681	+6.31%
2019/20	$2,182,800	$982,260	$253,995	12.473%	$32,262	$31,681	+8.21%
2018/19	$1,819,000	$818,550	$232,147	12.612%	$30,205	$29,278	+2.93%
2017/18	$1,565,000	$704,250	$223,641	12.719%	$29,605	$28,445	+0.17%
2016/17	$1,252,000	$563,400	$220,273	12.892%	$29,919	$28,398	+9.78%

Permits

Permit information for 240 Prospect Place #Res, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Prospect Heights residential market stats

Access a detailed real estate market overview of Prospect Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Prospect Heights and compare it to other neighborhoods in Brooklyn.

Median sale price

$1,277,500

23.4% Y-o-Y

Median price/sq. ft.

$1,509

4.6% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Flatbush Ave & Plaza Street East at SE Corner

Station lines

2-3

Distance (miles)

0.191

View subway map

Access the detailed traffic volume map for 240 Prospect Place #Res, Brooklyn, NY 11238 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.05
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.05
P.S. 9 Sarah Smith Garnet School (The)	6	No	Public	PK, K-5	732	0.16
P.S. 9 Sarah Smith Garnet School (The)	6	No	Public	PK, K-5	732	0.16
Berkeley Carroll School	NR	No	Private	PK-12	977	0.31
Berkeley Carroll School	NR	No	Private	PK-12	977	0.31
Achievement First Endeavor Charter School	6	No	Charter	K-8	738	0.37
P.S. 316 Elijah Stroud	8	No	Public	PK, K-5	550	0.39
P.S. 316 Elijah Stroud	8	No	Public	PK, K-5	550	0.39
P.S. 77	NR	No	Public	K-12	304	0.42

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.05
Is 340	7	No	Public	6-8	150	0.10
Berkeley Carroll School	NR	No	Private	PK-12	977	0.31
P.S. 753 School For Career Development	NR	No	Public	6-12	354	0.35
Achievement First Endeavor Charter School	6	No	Charter	K-8	738	0.37
Elijah Stroud Middle School	5	No	Public	6-8	121	0.39
P.S. 77	NR	No	Public	K-12	304	0.42
Ms 266 Park Place Community Middle School	4	No	Public	6-8	69	0.42
Explore Exceed Charter School	6	No	Charter	K-8	429	0.45
Bethel Elementary School	NR	No	Private	PK-8	34	0.49

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Berkeley Carroll School	NR	No	Private	PK-12	977	0.31
P.S. 753 School For Career Development	NR	No	Public	6-12	354	0.35
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.37
Acorn Community High School	NR	No	Public	9-12	107	0.37
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.37
P.S. 77	NR	No	Public	K-12	304	0.42
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.54
Poly Prep Lower School	NR	No	Private		0	0.61
Brooklyn Academy of Science and the Environment	3	No	Public	9-12	265	0.64
Brooklyn School For Music And Theater	4	No	Public	9-12	223	0.64

Frequently asked questions

What is the year built for 240 Prospect Place #Res, Brooklyn, NY 11238?

The development at 240 Prospect Place #Res, Brooklyn, NY 11238 was built in 1920.

What is the total square footage of 240 Prospect Place #Res, Brooklyn, NY 11238?

240 Prospect Place #Res, Brooklyn, NY 11238 has a total of 6,071 square feet.

When was 240 Prospect Place #Res, Brooklyn, NY 11238 last sold and what was the sale price?

240 Prospect Place #Res, Brooklyn, NY 11238 was last sold on 07/17/2006 for $700,000.

What is the assessed value of 240 Prospect Place #Res, Brooklyn, NY 11238?

240 Prospect Place #Res, Brooklyn, NY 11238 is currently assessed at $1,664,673.

What are the property taxes for 240 Prospect Place #Res, Brooklyn, NY 11238?

The property taxes for 240 Prospect Place #Res, Brooklyn, NY 11238 total $48,786.

How many residential units does this building have?

This building has 9 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.