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Brooklyn / Crown Heights (North) / 11238

552 PROSPECT PLACE

Recorded on the Digital Tax Map as THE 552 PROSPECT PLACE CONDOMINIUM.

Boro3
Block1163
Lot7501
BBL3011637501
Class R4
Residential units
22
Units in total
33
Storeys
6
Year built
2019
Last alteration on file
-
Recorded transfers
23 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
4 Jun 2026$1,390,0003CSINGLE RESIDENTIAL CONDO UNITDEED
9 Jul 2021$835,0002DSINGLE RESIDENTIAL CONDO UNITDEED
29 Jun 2021$820,0002ASINGLE RESIDENTIAL CONDO UNITDEED
28 Jun 2021$838,0003ASINGLE RESIDENTIAL CONDO UNITDEED
28 Jun 2021$1,265,0005ASINGLE RESIDENTIAL CONDO UNITDEED
25 Jun 2021$780,0003ESINGLE RESIDENTIAL CONDO UNITDEED
25 Jun 2021$1,795,000PHBSINGLE RESIDENTIAL CONDO UNITDEED
18 Jun 2021$765,0002ESINGLE RESIDENTIAL CONDO UNITDEED
15 Jun 2021$1,280,0005DSINGLE RESIDENTIAL CONDO UNITDEED
28 May 2021$835,0003DSINGLE RESIDENTIAL CONDO UNITDEED
27 May 2021$1,270,0004CSINGLE RESIDENTIAL CONDO UNITDEED
26 May 2021$1,407,0001BSINGLE RESIDENTIAL CONDO UNITDEED
25 May 2021$1,250,0003BSINGLE RESIDENTIAL CONDO UNITDEED
25 May 2021$1,260,0005CSINGLE RESIDENTIAL CONDO UNITDEED
25 May 2021$1,700,000PHASINGLE RESIDENTIAL CONDO UNITDEED
19 May 2021$1,175,0002CSINGLE RESIDENTIAL CONDO UNITDEED
14 May 2021$1,225,0004ASINGLE RESIDENTIAL CONDO UNITDEED
14 May 2021$1,300,0005BSINGLE RESIDENTIAL CONDO UNITDEED
10 May 2021$1,225,0002BSINGLE RESIDENTIAL CONDO UNITDEED
5 May 2021$1,240,0004DSINGLE RESIDENTIAL CONDO UNITDEED
3 May 2021$1,200,0003CSINGLE RESIDENTIAL CONDO UNITDEED
27 Apr 2021$1,425,0001CSINGLE RESIDENTIAL CONDO UNITDEED
22 Apr 2021$1,235,0004BSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20261$1,390,000--
202122$1,237,500$765,000$1,795,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 11,956 SQ FT6
Drawn from PLUTO: 6 storeys, 22,545 sq ft of building on 11,956 sq ft of lot, an average floor plate covering 31% of it. The dashed outline is the difference between the floor area ratio already built (1.89) and the residential floor area ratio of the zoning district (3). It is a diagram of recorded figures, not a picture of the building.
Lot area
11,956 sq ft
Building area
22,545 sq ft
Residential area
20,624 sq ft
Commercial area
1,921 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.89
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$322,652
Assessed total value
$3,062,701
Exempt value
$0
Assessed per residential unit
$139,214

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
R4CONDO; RESIDENTIAL UNIT IN ELEVATOR BLDG.
Neighbourhood
Crown Heights (North)
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.675157, -73.958271
05

Other buildings in Crown Heights (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1880 PACIFIC STREETD11,16819500-
953 DEAN STREETD724020230-
1034 ATLANTIC AVENUED723720240-
805 ST MARKS AVENUED120019243-
564 ST JOHNS PLACED119320152-
409 EASTERN PARKWAYRM18620160-
1733 BERGEN STREETD118419500-
769 ST MARKS AVENUED118019242-
998-1010 PACIFIC STREETD317520220-
545 PROSPECT PLACED515919300-
230 KINGSTON AVENUED915219820-
497 ST MARKS AVENUED114720140-

Every building on file in Crown Heights (North)