# 123 Prospect Place, Brooklyn

Co-op · 5 units · built c. 1873 · Block 1150, Lot 59.

On Umarelli: https://umarelli.org/nyc/3011500059/123-prospect-place

More construction in Prospect Heights: https://umarelli.org/nyc/brooklyn/prospect-heights.md

Every lot on block 1150: https://umarelli.org/nyc/brooklyn/1150.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,188,000
- 2026–27 tax: $21,840
- Market value (city estimate): $2,640,000
- Taxable value: $225,892
- Assessed land: $7,650
- Assessed improvements: $1,180,350

## Tax breaks

- Co-op and condo abatement, with no end date, a $6,259 credit this tax year.

## Zoning

R6B: floor area ratio 1.62 built, 2.00 allowed by base zoning.

## Recent sales

- Oct 17, 2022: $1,250,000
- Oct 23, 2019: $999,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Landmarks

Part of Prospect Heights Historic District (Historic District). 7 Landmarks Preservation Commission permits are on file.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology