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Brooklyn / Crown Heights (North) / 11238

572 PROSPECT PLACE

Boro3
Block1163
Lot35
BBL3011630035
Class C1
Residential units
20
Units in total
20
Storeys
4
Year built
1931
Last alteration on file
1996
Recorded transfers
1 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
20 Nov 2015$8,220,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 5,797 SQ FT4
Drawn from PLUTO: 4 storeys, 14,984 sq ft of building on 5,797 sq ft of lot, an average floor plate covering 65% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,797 sq ft
Building area
14,984 sq ft
Residential area
14,984 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.58
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$78,300
Assessed total value
$729,450
Exempt value
$729,450
Assessed per residential unit
$36,473

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Crown Heights (North)
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.675055, -73.957781
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)