520 Prospect Pl, Brooklyn, NY 11238 Property Records

New York City property record for 520 Prospect Pl, Brooklyn, NY 11238

Property Summary

Property TypeCare Home (Retirement, Nursing, Convalescent)
Details118,230 sqft · built 1975
Lot Size0.959 acres (41,764 sqft)
OwnerCompany Name on File
Last Sale$64,000,000 (Jun 2018)
Tax Bill$1,721,893 (2025)
Deeds & MortgagesJul 2023 Mortgage
May 2022 Sale
+ 3 more
APN01163-0001

Property Details

APN / Parcel Number

Primary APN01163-0001
Alternative APNs
  • 0407011630001
  • 3-01163-0001

Interior

Units2 Units
Stories5 Stories
Building Area118,230 sqft Gross Area
1st Floor Area1,200 sqft

Exterior

Year BuiltBuilt 1975
Effective Year BuiltEffective 1975
Lot Area41,764 sqft (0.959 acres)
Lot Dimensions312 ft deep x 262 ft wide
View / LotCorner

Location & Zoning

Account Number3-01163-0001
Street Address520 PROSPECT PL
CityBROOKLYN
StateNY
Zip11238-4205
Property CategoryCommercial
Property TypeCommercial > Retail > Care Home (Retirement, Nursing, Convalescent)
Local Zoning CodeR6A
Legal Block1163
Legal Lot Number1
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group4
Census Block4001
Census Tract30500

Owner

520 Prospect Pl, a commercial property, is owned by a company that acquired it in March 2022.

Source: New York City records, as of July 14, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address225 CROSSWAYS PARK DR, WOODBURY, NY 11797-2083
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Jul 3, 2023Deed of Trust, Mortgage
BERKADIA COMMERCIAL MORTGAGE LLC
May 3, 2022Deed, Transfer
Oct 11, 2018Loan Modification, Mortgage · Line of Credit
BANK OF AMERICA
Sep 18, 2018Quit Claim Deed, Transfer
FIDELITY NATIONAL TITLE
Jun 29, 2018Trustee's Deed, Transfer · Line of Credit
BANK OF AMERICA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 29, 2018 · Amount on File
Deed SaleJun 29, 2018 · Amount on File
Last Transfer DateMar 14, 2022
Transfer Doc0000181757
Record UpdatedSep 20, 2026

July 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address520 PROSPECT PL, BROOKLYN, NY 11238-4205
Transaction TypeMortgage
Record UpdatedJul 11, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000166036
DateJul 3, 2023
Instrument2023000166036
Lender
NameBERKADIA COMMERCIAL MORTGAGE LLC
Address323 NORRISTOWN RD, AMBLER, PA 19002
Agreement
AmountAmount on Record

May 2022: Deed, Transfer

Document TypeDeed
JurisdictionKINGS (BROOKLYN) NY
Recording DateMay 3, 2022
Property Address520 PROSPECT PL, BROOKLYN, NY 11238-4205
Document Number0000181757
Instrument DateMar 14, 2022
Instrument2022000181757
Transaction TypeTransfer
Record UpdatedAug 19, 2022

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address225 CROSSWAYS PARK DR, 225, WOODBURY, NY 11797-2083

Transferred To (Grantee/Buyer)

NameVerified Name
Address225 CROSSWAYS PARK DR, WOODBURY, NY 11797-2083

October 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionKINGS (BROOKLYN) NY
Property Address520 PROSPECT PL, BROOKLYN, NY 11238-4205
Document Number0000350600
Instrument DateOct 11, 2018
Transaction TypeMortgage
Record UpdatedNov 20, 2018
Title CompanyFIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE INS CO

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address225 CROSSWAYS PARK DR WOODBURY NY 117972054, WOODBURY, NY 11797-2054

Mortgage

Document Number0000350600
DateOct 22, 2018
Instrument350600
Lender
NameBANK OF AMERICA
TypeBank
Address300 BROADHOLLOW RD, MELVILLE, NY 11747-4824
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

September 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionKINGS (BROOKLYN) NY
Recording DateSep 18, 2018
Property Address520 PROSPECT PL, BROOKLYN, NY 11238-4205
Document Number0000311115
Instrument DateAug 28, 2018
Instrument311115
Transaction TypeTransfer
Record UpdatedSep 27, 2018
Title CompanyFIDELITY NATIONAL TITLE

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address225 CROSSWAYS PARK DR WOODBURY NY 117972054, WOODBURY, NY 11797-2054

June 2018: Trustee's Deed, Transfer

Document TypeTrustee's Deed
JurisdictionKINGS (BROOKLYN) NY
Recording DateJun 29, 2018
Property Address520 PROSPECT PL, BROOKLYN, NY 11238-4205
Document Number0000216711
Instrument DateJun 5, 2018
Instrument216711
Transaction TypeTransfer
Record UpdatedJul 31, 2018
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$256,000.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address225 CROSSWAYS PARK DR WOODBURY NY 117972054, WOODBURY, NY 11797-2054

Mortgage

Document Number223114
DateJun 29, 2018
Instrument223114
Lender
NameBANK OF AMERICA
TypeBank
Address120 BROADWAY, NEW YORK, NY 10271-0002
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 520 Prospect Pl was $1,721,893.

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$17,455,050 Land $589,500 Building $16,865,550$38,789,000 Land $1,310,000 Building $37,479,000
2025$1,721,893.00
2023$1,656,143.00 Additional exemption filed$16,446,600 Land $589,500 Building $15,857,100$36,548,000 Land $1,310,000 Building $35,238,000

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

FEMA has no flood map on file for 520 Prospect Pl; 1 flood insurance policy is in force nearby.

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

FEMA Flood ZoneNot on file
Nearby Flood Policies1 in force

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

The area around 520 Prospect Pl has no burnable land within ember reach, so its wildfire risk is not rated.

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 1,216 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable
8,000 / 8,000
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
Starry
Fixed Wireless · Fiber in parts of the area
800 / 100
T-Mobile
Fixed Wireless
100 / 20

May also be available: Astound Broadband, Skywire Networks, Spectrum.

Nearby Properties on Prospect Pl

Nearby Streets

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