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for saleRealtyLens property overview
$4,350,000
245 Prospect Pl
Brooklyn, NY, 11238
View more Brooklyn, NY property pages14Beds
4Baths
5,200Sqft
$837$/sqft
Market Insights
Below nearby median-18%
$837/sqft vs a nearby median of $1024/sqft.
Nearby median$1024/sqft
Nearby properties8
Property size5,200 sqft
- -18% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 5,200 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$5.03M$4.64M – $5.42M · 63% confidence
vs ask $4.35M−$682k (−15.7%)
Asking price is about 15.7% below the fair value — likely to draw competing offers if it's still on market.
$1,024/sqft median across 6 tight comps × 5,200 sqft= $5.33M
- Visible condition issues−$266k −5.0%
- Days-on-market gravity−$160k −3.0%
- Transit access+$133k +2.5%
- Pre-war character+$133k +2.5%
- Open Class C HPD violations−$80k −1.5%
- Virtually staged−$53k −1.0%
Cumulative NYC adjustments−$293k−5.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 318 days
- Last price change
- No change recorded
- Listed
- Jun 28, 2025
- Photos
- 24 photos
- Property type
- multi family
- Status
- for sale
Photos
Building Facts
- Year built
- 1895
- Stories
- 4
- Total units
- 4
- Residential units
- 4
- Building area
- 5,200 sqft
- Lot size
- 2,620 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C3
From NYC public records where available.
Price History
May 4, 2026Initial record
$4,350,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations25 open
1 class C (immediately hazardous)
ACRIS documents11
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,223
Top: illegal parking
Top complaint types in ZIP 11238
- Illegal Parking6,166
- HEAT/HOT WATER3,070
- Noise - Residential2,033
- Noise - Helicopter1,915
- Noise - Street/Sidewalk1,377
Recent HPD
- May 5, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 20, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 10, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 29, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Recent Transfers (ACRIS)
- Jan 20, 2023DEED
- Mar 21, 2017DEED
- Jan 22, 1992DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.