NYC property data › Brooklyn › Crown Heights North & Prospect Heights › 425 Prospect Place

425 Prospect Place

Crown Heights North & Prospect Heights, Brooklyn · Multi-family elevator · BBL 3011550088

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58Units
5Floors
50,915Building sq ft
20,720Lot sq ft
1924Year built
R6BZoning
2.46 of 2.00Built FAR
1981Last sale
7DOB permits
19Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
1981-05-13Correction deednot recorded
1981-05-13Deednot recorded
1979-03-27Deednot recorded
1977-02-28Deednot recorded
1976-02-13Deednot recorded
1969-07-02Deednot recorded
1966-08-19Deednot recorded
1966-08-09Deednot recorded
1966-06-30Deednot recorded
1966-01-05Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2025-12-22Initial PermitSolar
2022-10-18Initial PermitGeneral Construction
2022-05-02Initial PermitBoiler Equipment
2021-07-09Initial PermitMechanical Systems
2021-06-25Initial PermitBoiler Equipment

Source: DOB NOW approved permits, which covers 2017 onward. 7 permits on file for this lot.

Open HPD violations

ClassOpenMost recent
Class B (hazardous)122026-07-14
Class C (immediately hazardous)72026-07-14

Source: HPD open violations, classes B and C. A violation stays open until HPD certifies the correction, so an old date does not mean the condition persists today.

Motivated-Seller Score

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Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Who finances deals like this

The lenders with the most recorded multifamily mortgages in Brooklyn since 2021, from public ACRIS filings.

  1. JPMORGAN Chase Bank, N.a. — 2,991 loans, typically $67K–$768K
  2. Citizens Bank NA — 2,020 loans, typically $150K–$750K
  3. TD Bank NA — 1,416 loans, typically $130K–$500K
  4. Rocket Mortgage, LLC — 1,052 loans, typically $126K–$532K
  5. Wells Fargo Bank, N.a. — 1,005 loans, typically $18K–$1.37M
Match this deal to 1,736 lenders

Other lots on this block

Recent sales in Crown Heights North & Prospect Heights

Crown Heights North & Prospect Heights commercial real-estate market data →

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Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 3011550088 · data refreshed 2026-08-14

Development & air rights

123% Utilization — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.