NOT LISTED FOR SALE

406 Prospect Ave Unit C1 Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $1,745,736 - $2,130,000

Studio
-- Bath
1,643 Sq Ft
$1,160/Sq Ft Est. Value

About This Home

This home is located at 406 Prospect Ave Unit C1, Brooklyn, NY 11215 and is currently estimated at $1,906,579, approximately $1,160 per square foot. 406 Prospect Ave Unit C1 is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology, St. Joseph the Worker Catholic Academy, and Mesilas Bais Yaakov.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Grand Prospect Group Llc
Bought by
406 Prospect Place Llc
Current Estimated Value
$1,906,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$665,000
Interest Rate
65%
Estimated Equity
$1,241,579
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
406 Prospect Place Llc $950,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 406 Prospect Place Llc $665,000
Closed 406 Prospect Place Llc $665,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,757 $155,716 $8,116 $147,600
2024 $12,757 $123,660 $8,820 $114,840
2023 $1,492 $103,050 $8,820 $94,230
2022 $934 $101,070 $8,820 $92,250
2021 $1,082 $81,000 $8,820 $72,180
2020 $3,236 $101,250 $8,820 $92,430
2019 $11,827 $94,500 $8,820 $85,680
2018 $8,801 $88,650 $8,820 $79,830
Source: Public Records

Map

New York Kings County Brooklyn 11215 South Slope

406 Prospect Ave Unit C1, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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