# 373 Prospect Place, Brooklyn

Condominium · 6 units · built 2019 · Block 1153, Lot 7508.

On Umarelli: https://umarelli.org/nyc/3011537508/373-prospect-place

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

Every lot on block 1153: https://umarelli.org/nyc/brooklyn/1153.md

## Building permits

- Alteration, filed Jul 26, 2021, estimated cost $8K, described as “Installtion of medium duty pipe scaffold as per plans in order for new building construction filed under job # 320975780. No change in use occupancy or egress under this application. Pipe scaffolding shall comply with chapter 33 of the…”
- Alteration, filed Nov 12, 2020, estimated cost $1K, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code.”
- Alteration, filed Apr 30, 2020, described as “New Sprinkler installation for New Building”
- Alteration, filed Jun 27, 2019, estimated cost $6K, described as “Installation of heavyduty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code.”

## Property taxes

- Assessment: $781,651
- 2026–27 tax: $46,850
- Market value (city estimate): $1,737,000
- Taxable value: $456,529
- Assessed land: $204,751
- Assessed improvements: $576,900
- Condo units with their own tax lots: 6

## Tax breaks

- Co-op and condo abatement, with no end date, a $9,938 credit this tax year.

## Zoning

R6B (part of the lot is R6A): floor area ratio 2.66 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 25, 2023: $1,625,000, Apt 3R
- Jul 31, 2023: $1,670,000, Apt 1F
- Jul 13, 2023: $1,875,000, Apt 1R
- Jun 26, 2023: $2,548,041, Apt 3F
- Jun 9, 2023: $2,075,000, Apt 4R
- May 31, 2023: $1,686,033, Apt 2R

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

## Flood zone

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

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