540 PROSPECT AVENUE
540 PROSPECT AVENUE is a Class B1 (two-family brick) building in Brooklyn (BBL 3008710033) built in 1925, with 2 residential units across 3 floors.
The building is in NYC community district 307, council district 39, zoning district R5B, on a 2,500-square-foot lot with a building footprint of 3,400 square feet.
The current registered owner of record per NYC PLUTO is SARKISSIAN, HAGOP.
The most recent ACRIS deed transfer for this BBL was recorded on October 22, 2024 when EMANUEL, STUART conveyed the property to SARKISSIAN, HAGOP; KANG, ARAM for $2.94M. The transaction was financed with a $1.14M mortgage from Mers; Td Bank, N.a..
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 5)
Building stats
- Zoning:
- R5B
- Lot size:
- 2,500 sqft
- Building area:
- 3,400 sqft
- Floors:
- 3
- Assessed value:
- $232K
- Community district:
- 307
- Council district:
- 39
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 540 PROSPECT AVENUE
Who owns 540 PROSPECT AVENUE?
The current registered owner of record for 540 PROSPECT AVENUE per NYC PLUTO is SARKISSIAN, HAGOP. The most recent ACRIS deed transfer for this BBL was recorded on October 22, 2024 when the property was conveyed to SARKISSIAN, HAGOP; KANG, ARAM. 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 540 PROSPECT AVENUE last sold?
The most recent ACRIS deed transfer for 540 PROSPECT AVENUE was recorded on October 22, 2024, when EMANUEL, STUART conveyed the property to SARKISSIAN, HAGOP; KANG, ARAM for $2.94M. The transaction was financed with a $1.14M mortgage from Mers; Td Bank, N.a..
How many HPD violations does 540 PROSPECT AVENUE have?
No open HPD housing-maintenance code violations are on record for 540 PROSPECT AVENUE. 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 540 PROSPECT AVENUE?
NYC Department of Finance assesses 540 PROSPECT AVENUE at $232K 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 540 PROSPECT AVENUE and what does that mean?
540 PROSPECT AVENUE is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. 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.