# 406 Prospect Place, Brooklyn

Condominium · 2 units · built 2016 · Block 1161, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3011617501/406-prospect-place

More construction in Crown Heights: https://umarelli.org/nyc/brooklyn/crown-heights.md

Every lot on block 1161: https://umarelli.org/nyc/brooklyn/1161.md

## Building permits

- Alteration, filed Apr 10, 2023, estimated cost $17K, described as “Minor plumbing work application for existing two family dwelling, New bathroom, and relocation of a kitchen. filed in conjunction with ALT II app# B00834970-I1. No change in use egress or occupancy.”
- Alteration, filed Mar 2, 2023, estimated cost $80K, described as “Minor interior renovation for 2nd ,3rd,and 4th floors within this existing four stories, 2 family and store building. New drywall partitions and plumbing fixtures as per plans. No change in use egress or occupancy, all per existing C of O…”

## Property taxes

- Assessment: $559,350
- 2026–27 tax: $39,939
- Market value (city estimate): $1,243,000
- Taxable value: $438,043
- Assessed land: $25,200
- Assessed improvements: $534,150
- Condo units with their own tax lots: 3

## Zoning

R6A: floor area ratio 3.36 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 24, 2025: $950,000, Unit COMM
- Jun 6, 2024: $1,825,000, Apt 3
- Feb 6, 2024: $1,180,000, Apt 2

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