550 PROSPECT ST 16
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Location
550 PROSPECT ST 16
Mblu
249/ 0456/ 00516/ /
Acct#
249 0456 00516
Owner
OTTO JOHN & WANG XIAOJING
Total Market Value
$140,350
Appraisal
$200,500
PID
14147
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$200,500$0$200,500
Assessment
Valuation YearImprovementsLandTotal
2025$140,350$0$140,350

Owner of Record
OwnerOTTO JOHN & WANG XIAOJING
Co-Owner
Address250 ARLEIGH RD UNIT PH
LITTLE NECK, NY 11363
Sale Price$0
Certificate
Book & Page 10098/33
Sale Date12/22/2020
Instrument25

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
OTTO JOHN & WANG XIAOJING$0 10098/332512/22/2020
ZHANG KAREN$0 9944/0047212/12/2019
OTTO JOHN & WANG XIAOJING$90,000 6499/02850007/30/2003
JI YUE$69,900 6130/0020UNKQ05/31/2002
HIVELY WILLIAM R & BIEN CLAIRE$0 3509/0275 08/11/1986

Building Information
Building 1 : Section 1
Year Built: 1964
Living Area: 1,000
Replacement Cost: $286,470
Building Percent Good: 70
Replacement Cost
Less Depreciation:
$200,500
Building Attributes
FieldDescription
Style:Condominium
ModelRes Condo
Stories:2 Stories
GradeAverage
Occupancy1
Interior Wall 1:Drywall/Plaste
Interior Wall 2: 
Interior Floor 1Fin WD/Carpet
Interior Floor 2 
Heat Fuel:Electric
Heat Type:Electr Basebrd
AC Type:None
Ttl Bedrms:2 Bedrooms
Ttl Bathrms:1 Full
Ttl Half Bths:1
Xtra Fixtres 
Total Rooms:4 Rooms
Bath Style:Average
Kitchen Style:Average
Fin Bsmnt Area 
Fin Bsmnt Qual 
GradeAverage
Stories:2
Residential Units:22
Exterior Wall 1:Pre-Fab Wood
Exterior Wall 2:Brick
Roof StructureGable/Hip
Roof CoverAsphalt
Cmrcl Units:0
Res/Com Units:0
Section #:0
Parking Spaces0
Section Style:0
Foundation 
Security: 
Cmplx Cnd 
Xtra Field 1: 
Remodel Ext: 
Super 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,000 1,000
   1,000 1,000

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1020
DescriptionCondominium  
ZoneRM2
Neighborhood1500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0
Frontage0
Depth0
Total Market Land$0
Appraised Value$0

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$200,500$0$200,500
2024$200,500$0$200,500
2023$200,500$0$200,500

Assessment
Valuation YearImprovementsLandTotal
2025$140,350$0$140,350
2024$140,350$0$140,350
2023$140,350$0$140,350

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