198 PROSPECT PLACE
198 PROSPECT PLACE is a Class B3 (two-family converted) building in Brooklyn (BBL 3011580030) built in 1868, with 2 residential units across 3 floors.
The building is in NYC community district 308, council district 35, zoning district R6B, on a 2,620-square-foot lot with a building footprint of 3,200 square feet.
The current registered owner of record per NYC PLUTO is 198 PROSPECT PLACE LLC.
The most recent ACRIS deed transfer for this BBL was recorded on December 28, 2022 when FLAIG HOLDINGS LLC conveyed the property to 198 PROSPECT PLACE LLC for $3.86M. The transaction was recorded as cash (no paired mortgage instrument).
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 3)
Building stats
- Zoning:
- R6B
- Lot size:
- 2,620 sqft
- Building area:
- 3,200 sqft
- Floors:
- 3
- Assessed value:
- $258K
- Community district:
- 308
- Council district:
- 35
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 198 PROSPECT PLACE
Who owns 198 PROSPECT PLACE?
The current registered owner of record for 198 PROSPECT PLACE per NYC PLUTO is 198 PROSPECT PLACE LLC. The most recent ACRIS deed transfer for this BBL was recorded on December 28, 2022 when the property was conveyed to 198 PROSPECT PLACE LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 198 PROSPECT PLACE last sold?
The most recent ACRIS deed transfer for 198 PROSPECT PLACE was recorded on December 28, 2022, when FLAIG HOLDINGS LLC conveyed the property to 198 PROSPECT PLACE LLC for $3.86M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 198 PROSPECT PLACE have?
No open HPD housing-maintenance code violations are on record for 198 PROSPECT PLACE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 198 PROSPECT PLACE?
NYC Department of Finance assesses 198 PROSPECT PLACE at $258K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 198 PROSPECT PLACE and what does that mean?
198 PROSPECT PLACE is NYC building class B3 — Two-family converted. A two-family dwelling that was converted from a one-family. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.