705 Prospect Pl, Brooklyn, NY 11216 Property Records

New York City property record for 705 Prospect Pl, Brooklyn, NY 11216

Property Summary

Property TypeCommercial
Details2,640 sqft · built 1910
Lot Size0.022 acres (1,000 sqft)
OwnerCompany Name on File
Last Sale$4,050,000 (Apr 2024)
Tax Bill$5,945 (2023)
Deeds & MortgagesApr 2024 Sale & Mortgage
APN01225-0024

Property Details

APN / Parcel Number

Primary APN01225-0024
Alternative APNs
  • 0501012250024
  • 3-01225-0024

Interior

Stories3 Stories
Building Area2,640 sqft

Exterior

Year BuiltBuilt 1910
Lot Area1,000 sqft (0.022 acres)
Lot Dimensions50 ft deep x 20 ft wide

Location & Zoning

Account Number3-01225-0024
Old Parcel Number0501012250024
Street Address705 PROSPECT PL
CityBROOKLYN
StateNY
Zip11216-3540
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeR6A
Legal DescriptionLOT:24 BLK:1225 SEC:501 DIST:08
Legal Township01
Legal Section05
Legal Block1225
Legal Lot Number24
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group3
Census Block3000
Census Tract22100

Owner

705 Prospect Pl, a commercial property, is owned by a company that bought it in April 2024.

Source: New York City records, as of April 29, 2024

Owner of RecordCompany Name on File
Mailing Address533 FLATBUSH AVE # 313, 313, BROOKLYN, NY 11225-3708
Owner TypeCompany

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 18, 2024 · Amount on File
Deed SaleApr 18, 2024 · Amount on File
Prior SaleFeb 21, 2001 · Amount on File
Deed Document Number2024000099260
Record UpdatedJun 7, 2026

April 2024: Deed, Transfer

Document TypeDeed
JurisdictionKINGS (BROOKLYN) NY
Recording DateApr 18, 2024
Property Address705 PROSPECT PL, BROOKLYN, NY 11216-3540
Document Number0000099260
Instrument DateApr 4, 2024
Instrument2024000099260
Transaction TypeTransfer
Record UpdatedApr 30, 2024

Transaction

AmountAmount on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address185 MALTA ST, BROOKLYN, NY 11207-7718

Transferred To (Grantee/Buyer)

NameVerified Name
Address533 FLATBUSH AVE # 313, 313, BROOKLYN, NY 11225-3708

Mortgage

Document Number0000099264
DateApr 18, 2024
Instrument2024000099264
Lender
NameS3 SB REAL ESTATE CREDIT II TRUST
Agreement
AmountAmount on Record

Mortgage

Document Number0000099261
DateApr 18, 2024
Instrument2024000099261
Lender
NameS3 SB REAL ESTATE CREDIT II TRUST
Address535 MADISON AVE # 1919, NEW YORK, NY 10022
Agreement
AmountAmount on Record

Tax Assessment & Valuation

Source: New York City assessment roll, as of May 31, 2023

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
2023$5,945.00 (+31.58%)$81,000 (-4.76%) Land $81,000$180,000 (-4.76%) Land $180,000
2022$4,518.00$85,050 Land $85,050$189,000 Land $189,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA has no flood map on file for 705 Prospect Pl.

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 705 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 1,553 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
T-Mobile
Fixed Wireless
100 / 20

May also be available: Starry.

Nearby Properties on Prospect Pl

Nearby Streets

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