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1 Prospect Park

Brooklyn, NY 11215

4 bd 3,176 sqft Built 1925 condos
Most recent sale
$5,650,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $5,650,000 Public Record
Jun 29, 2022 Sold $5,650,000 DouglasElliman
Sep 9, 2021 Listed $5,995,000 MLS #RPLU-514643981
Aug 9, 2021 Listed $5,995,000 MLS #PDES-4643981
Dec 1, 2020 Listed $5,995,000 MLS #4643981

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $441,875 $13,185 $455,060 $27,189
2024 $441,875 $13,185 $455,060 $55,895
2023 $413,752 $13,185 $426,937 $52,372
2022 $385,423 $13,185 $398,608 $48,769

Property facts

Year built
1925
Property type
condos
Stories
9
Beds
4
Baths
Living area
3,176 sqft
Lot size
ZIP code
11215
City
Brooklyn
Street
Prospect Park
Coordinates
40.67229, -73.97095

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$33,900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1 Prospect Park last sell?
1 Prospect Park most recently sold on Jul 20, 2022 for $5,650,000.
What is the current tax assessment for 1 Prospect Park?
The most recent total assessment for 1 Prospect Park (year 2025) is $455,060 with $27,189 in property tax.
How does 1 Prospect Park's assessment compare to its last sale price?
The current assessment is 91.9% below the last sale price of $5,650,000.
When was 1 Prospect Park built?
1 Prospect Park was built in 1925.
How does 1 Prospect Park compare to others on Prospect Park?
We track 8 other properties on Prospect Park. Browse the list under "Other properties on Prospect Park" to compare beds, baths, and sale history.
What are the property facts for 1 Prospect Park?
1 Prospect Park is a 4 bed, 3,176 sqft condos.
Is 1 Prospect Park a flip candidate?
No — 1 Prospect Park does not appear in our flips dataset.
Is 1 Prospect Park a tax-appeal candidate?
No — 1 Prospect Park is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$2.2M
2026 Q4
$2.23M
ZIP 11215 — Median Price History + Forecast

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