New York City » 11215 » Prospect Park SW » 1 Prospect Park SW

The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215 - Property report

Also known as: 481 16th St

Property image for The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1921

Lot sq. ft.

16,970

General information

Address

Building name

The Citadel

Primary address

The Citadel - 1 Prospect Park SW

Alternate address(es)

197-203 Prospect Park W
481 16th St

ZIP code

11215

Neighborhood

Windsor Terrace

Borough

Brooklyn

Block & lot

01106-0005

Building

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Building sq. ft.

77,648

Building dimensions

84.5 ft x 180.17 ft

Buildings on lot

Stories

Year built

1921

Building material

Tax

Tax year

2026-2027

Property tax

$525,457

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

193.33 ft x 185 ft

Lot sq. ft.

16,970

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

99 /100. Rider's Paradise

Bike score

88 /100. Very Bikeable

School district

Community district

Closest police station

1.10 Miles

Closest fire station

0.30 Miles

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

Ownership

Ownership information for The Citadel - 1 Prospect Park SW, 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 The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/21/2021 - R	UCC3 Termination (2021120800376004)	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/21/2021 - R 11/30/2021 - D	Agreement (2021120800376003)	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXX X X
12/21/2021 - R 11/30/2021 - D	Mortgage (2021120800376002)	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXX X X
12/21/2021 - R 11/30/2021 - D	Assignment, Mortgage (2021120800376001)	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXX	XXXXXXXX X X
09/22/2011 - R	Initial UCC1 (2011090800927006)	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
09/22/2011 - R 08/30/2011 - D	Termination of Assign of L&R (2011090800927005)	X X XXXX XXXXXX XXXXX	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX
09/22/2011 - R 08/30/2011 - D	Assignment of Leases and Rents (2011090800927004)	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXXXXXXX XXXXXXX XXXXX XXXXXXX
09/22/2011 - R 08/30/2011 - D	Agreement (2011090800927003)	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXXXXXXX XXXXXXX XXXXX XXXXXXX
09/22/2011 - R 08/30/2011 - D	Mortgage (2011090800927002)	XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXXXXXXX XXXXXXX XXXXX XXXXXXX
09/22/2011 - R 08/30/2011 - D	Assignment, Mortgage (2011090800927001)	X X XXXX XXXXXX XXXXX	XXXXXXXXXXXXX XXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for The Citadel - 1 Prospect Park SW, 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

$525,457

Municipal exemptions

Recent tax assessments

Market value

$9,877,000

Assessed value

$4,444,650

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	$11,042,000	$4,968,900	$4,072,850	12.439%	$506,622	$506,622	+6.21%
2024/25	$9,620,000	$4,329,000	$3,816,080	12.5%	$477,010	$477,010	+4.67%
2023/24	$9,116,000	$4,102,200	$3,645,080	12.502%	$455,708	$455,708	+18.49%
2022/23	$8,880,000	$3,996,000	$3,554,370	12.267%	$436,015	$384,594	+13.34%
2021/22	$7,097,000	$3,193,650	$3,193,650	12.235%	$390,743	$339,323	-18.16%
2020/21	$8,189,000	$3,685,050	$3,379,950	12.267%	$414,618	$414,618	+5.50%
2019/20	$7,720,000	$3,474,000	$3,150,900	12.473%	$393,012	$393,012	+7.60%
2018/19	$7,607,000	$3,423,150	$2,896,100	12.612%	$365,256	$365,256	+9.94%
2017/18	$7,582,000	$3,411,900	$2,612,150	12.719%	$332,239	$332,239	+13.89%
2016/17	$6,457,000	$2,905,650	$2,262,860	12.892%	$291,728	$291,728	+16.84%

Permits

Permit information for The Citadel - 1 Prospect Park SW, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
04/16/2025	Alteration
04/08/2025	Alteration
03/31/2025	Alteration
03/31/2025	Alteration
03/20/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/01/2021	Egrade-failure to post energy grade/score
	12/26/2018	E-elevator
	05/31/2018	Fispnrf-no report and / OR late filing (facade)

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Prospect Park West & Prospect Park Southwest at SE Corner

Station lines

Distance (miles)

0.019

View subway map

Access the detailed traffic volume map for The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215 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

Neighbors for The Citadel - 1 Prospect Park SW, Brooklyn, NY

245 Prospect Park W, Brooklyn 523 Dean St, Brooklyn 419 7th Ave, Brooklyn 122 A Prospect Park W, Brooklyn 192 Prospect Park W, Brooklyn 971 Pacific St, Brooklyn 1118 8th Ave, Brooklyn 579 Washington Ave, Brooklyn 448 12th St, Brooklyn 623 Classon Ave, Brooklyn 457 15th St, Brooklyn 523 A 12th St, Brooklyn 963 Pacific St, Brooklyn 442 14th St, Brooklyn 1016 Atlantic Ave, Brooklyn 1085 Pacific St, Brooklyn 431 7th Ave, Brooklyn 441 A 12th St, Brooklyn

Frequently asked questions

What is the year built for The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215?

The development at The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215 was built in 1921.

What is the market value of The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215?

The current market value of The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215 is $9,877,000.

What is the total square footage of The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215?

The Citadel - 1 Prospect Park SW, Brooklyn, NY 11215 has a total of 77,648 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.