1241 Prospect Ave, Brooklyn, NY 11218 Property Records

New York City property record for 1241 Prospect Ave, Brooklyn, NY 11218

Property Summary

Property TypeMixed Use Commercial Office / Residential
Details2,822 sqft · built 1931
Lot Size0.041 acres (1,800 sqft)
OwnerCompany Name on Record
Last Sale$750,000 (Dec 2012)
Tax Bill$6,447 (2025)
Deeds & MortgagesNov 2021 Mortgage
APN05277-0017

Property Details

APN / Parcel Number

Primary APN05277-0017
Alternative APNs
  • 1606052770017
  • 3-05277-0017

Interior

Units4 Units
Stories2 Stories
Building Area2,822 sqft Gross Area
1st Floor Area367 sqft

Exterior

Year BuiltBuilt 1931
Effective Year BuiltEffective 1931
Lot Area1,800 sqft (0.041 acres)
Lot Dimensions84.5 ft deep x 4.4 ft wide
View / LotCorner

Location & Zoning

Account Number3-05277-0017
Street Address1241 PROSPECT AVE
CityBROOKLYN
StateNY
Zip11218-1355
Property CategoryCommercial
Property TypeCommercial > Office > Mixed Use Commercial Office / Residential
Local Zoning CodeR5B
Legal Block5277
Legal Lot Number17
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group2
Census Block2002
Census Tract50202

Owner

Source: New York City records, as of May 4, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1662 SHEEPSHEAD BAY RD, BROOKLYN, NY 11235-3803
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 3, 2012 · Amount on Record
Deed SaleDec 3, 2012 · Amount on Record
Deed Document Number2012471555
Prior Transfer DateNov 14, 2012
Prior Transfer Doc0000471555
Record UpdatedOct 29, 2026

November 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address1241 PROSPECT AVE, BROOKLYN, NY 11218-1355
Transaction TypeMortgage
Record UpdatedNov 30, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000462642
DateNov 23, 2021
Instrument2021000462642
Lender
NameFLUSHING BANK
Address220 RXR PLZ, UNIONDALE, NY 11556
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: New York City assessment roll, as of May 4, 2026

Property Jurisdictions

TypeName
StateNew York
CountyKings County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$193,560 (+25.92%) Land $11,940 Building $181,620$3,226,000 (+25.92%) Land $199,000 Building $3,027,000
2025$6,447.00 (+1.51%)
2023$6,351.00$153,720 Land $11,940 Building $141,780$2,562,000 Land $199,000 Building $2,363,000

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Policies4 in force
Nearby Flood Claims4 (1979–2022)
Claims Outside the SFHA3 of 4
Most Recent ClaimSep 2022 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,064 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
T-Mobile
Fixed Wireless
100 / 20

May also be available: Optimum, Starry.

Nearby Properties on Prospect Ave

Nearby Streets

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