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NYC Building Records · BBL 3013650038

1278 PROSPECT PLACE

Brooklyn · Block 1365 · Lot 38 · Two-family misc (Class B9)

1278 PROSPECT PLACE is a Class B9 (two-family misc) building in Brooklyn (BBL 3013650038) built in 1899, with 2 residential units across 2 floors.

The building is in NYC community district 308, council district 36, zoning district R6, on a 1,800-square-foot lot with a building footprint of 1,368 square feet.

The current registered owner of record per NYC PLUTO is NELSON, KARL.

The most recent ACRIS deed transfer for this BBL was recorded on March 18, 2022 when SCHULTZ, PATRICK; SCHULTZ, POLINA conveyed the property to NELSON, KARL; NELSON, JOAN for $1.30M. The transaction was financed with a $1.04M mortgage from Mers.

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

NELSON, KARL

Most recent deed

Last transferred on Mar 18, 2022 for $1.3M to NELSON, KARL; NELSON, JOAN.
Previous owner: SCHULTZ, PATRICK; SCHULTZ, POLINA
Mortgage: $1.0M recorded Mar 18, 2022 with Mers. Loan-to-value: 80%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Mar 18, 2022MTGE$1.0MParties redacted — full names in MetroDeeds Scout+
Mar 18, 2022DEED$1.3MParties redacted — full names in MetroDeeds Scout+
Aug 21, 2020MTGE$2KParties redacted — full names in MetroDeeds Scout+
Aug 21, 2020AGMT$719KParties redacted — full names in MetroDeeds Scout+
Feb 5, 2018MTGE$110KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
1899
Class
B9
Borough
Brooklyn
Zoning:
R6
Lot size:
1,800 sqft
Building area:
1,368 sqft
Floors:
2
Assessed value:
$52K
Community district:
308
Council district:
36

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 2 violations issued by NYC HPD at this address:
  • Class CInspected Apr 29, 2005
    SECTION 27-2005 ADMIN. CODE: PROVIDE TEMPORARY SEAL ALL ACCESSIBLE OPENINGS.
  • Class CInspected Apr 29, 2005
    SECTION 27-2005 ADMIN. CODE: PROVIDE TEMPORARY SEALING ALL ACCESSIBLE OPENING.
🔒 See full violation history with closure dates →

Recent ACRIS activity

5 documents in the last 5 years (most recent Mar 18, 2022).

Frequently asked questions about 1278 PROSPECT PLACE

Who owns 1278 PROSPECT PLACE?

The current registered owner of record for 1278 PROSPECT PLACE per NYC PLUTO is NELSON, KARL. The most recent ACRIS deed transfer for this BBL was recorded on March 18, 2022 when the property was conveyed to NELSON, KARL; NELSON, JOAN. 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 1278 PROSPECT PLACE last sold?

The most recent ACRIS deed transfer for 1278 PROSPECT PLACE was recorded on March 18, 2022, when SCHULTZ, PATRICK; SCHULTZ, POLINA conveyed the property to NELSON, KARL; NELSON, JOAN for $1.30M. The transaction was financed with a $1.04M mortgage from Mers.

How many HPD violations does 1278 PROSPECT PLACE have?

No open HPD housing-maintenance code violations are on record for 1278 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 1278 PROSPECT PLACE?

NYC Department of Finance assesses 1278 PROSPECT PLACE at $52K 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 1278 PROSPECT PLACE and what does that mean?

1278 PROSPECT PLACE is NYC building class B9 — Two-family misc. Miscellaneous two-family dwelling. 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.

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