| Primary address | 387 Park Place |
| Neighborhood | Prospect Heights |
| Zip code | 11238 |
| Borough | Brooklyn |
| Block & lot | 01160-0066 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $10,771 |
| Lot sq. ft. | 2,456 |
| Lot dimensions | |
| Property type | Walk-up Cooperative Building (Other than Condominiums) (XC6)
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| Building sqft | 3,440 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1901 |
| Year last altered | 1986 |
| Frontage(s) | Park Place (narrow) |
| Nearest wide street | Washington Avenue |
| Distance to wide street | Register |
| School district | 13 |
| Community district | 8 |
| Closest police station | 0.56 Miles |
| Closest fire station | 0.23 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
387 Park Place, Brooklyn, NY 11238 was built in 1901 and has a total of 3,440 square feet.
What is the assessed value of 387 Park Place, Brooklyn, NY 11238 and the property tax paid?Assessed at $636,300, the tax amount paid for 387 Park Place, Brooklyn, NY 11238 is $12,986. For the next year, the tax amount for 387 Park Place, Brooklyn, NY 11238 is estimated at $10,771.
When was 387 Park Place, Brooklyn, NY 11238 last sold?387 Park Place, Brooklyn, NY 11238 was last sold in 08/31/1984.
How many residential units does this building have?This building has 2 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 387 Park Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 387 Park Place, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $9,710 |
| Estimated property tax: | $10,771 |
| Tax assessor's market value: | $1,414,000 |
| Assessed value: | $636,300 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 387 Park Place, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,414,000 | $636,300 | $104,405 | 12.439% | $13,272 | $9,694 | +11.61% |
| 2024/25 | $1,331,000 | $598,950 | $96,642 | 12.5% | $12,349 | $8,685 | +7.58% |
| 2023/24 | $1,144,000 | $514,800 | $89,156 | 12.502% | $11,436 | $8,073 | +1.49% |
| 2022/23 | $1,144,000 | $514,800 | $89,086 | 12.267% | $11,221 | $7,955 | +5.08% |
| 2021/22 | $1,270,000 | $571,500 | $86,177 | 12.235% | $10,845 | $7,570 | -22.56% |
The complete history of permits filed for 387 Park Place, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Prospect Heights so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Prospect Heights and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Washington Ave & Eastern Pkwy at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 2-3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.284 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Washington Av/Prospect Pl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.073 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 9 Sarah Smith Garnet School (The) | 6 | Yes | Public | PK, K-5 | 732 | 0.16 |
| P.S. 9 Sarah Smith Garnet School (The) | 6 | Yes | Public | PK, K-5 | 732 | 0.16 |
| P.S. 316 Elijah Stroud | 8 | No | Public | PK, K-5 | 550 | 0.19 |
| P.S. 316 Elijah Stroud | 8 | No | Public | PK, K-5 | 550 | 0.19 |
| Luria Academy of Brooklyn | NR | No | Private | PK-8 | 244 | 0.22 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Elijah Stroud Middle School | 5 | No | Public | 6-8 | 121 | 0.19 |
| Luria Academy of Brooklyn | NR | No | Private | PK-8 | 244 | 0.22 |
| Is 340 | 7 | No | Public | 6-8 | 150 | 0.25 |
| Explore Exceed Charter School | 6 | No | Charter | K-8 | 429 | 0.26 |
| Brooklyn Jesuit Prep School | NR | No | Private | 5-8 | 87 | 0.30 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| GOTHAM PROFESSIONAL ARTS ACADEMY | NR | No | Public | 9-12 | 217 | 0.23 |
| Acorn Community High School | NR | No | Public | 9-12 | 107 | 0.23 |
| Gotham Professional Arts Academy | NR | No | Public | 9-12 | 179 | 0.24 |
| High School For Global Citizenship | 4 | No | Public | 9-12 | 221 | 0.47 |
| Brooklyn Academy of Science and the Environment | 3 | No | Public | 9-12 | 265 | 0.47 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 387 Park Place, Brooklyn, NY 11238.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 383 Park Pl, Brooklyn | 2,518 | 03/11/1997 | |
| 381 Park Pl, Brooklyn | 3,208 | 02/27/2026 | |
| 377 Park Pl, Brooklyn | 3,260 | 09/17/1991 | |
| 371 Park Pl, Brooklyn | 3,209 | 06/30/2011 | $1,565,000 |
| 389 Park Pl, Brooklyn | 2,632 | 09/23/2009 | |
| 375 Park Pl, Brooklyn | 4,505 | 05/03/2006 | $1,050,000 |
| 391 Park Pl, Brooklyn | 2,402 | 02/12/2015 | $2,975,000 |
| 405 Park Pl, Brooklyn | 3,440 | 05/20/2015 | $2,400,000 |
| 397 Park Pl, Brooklyn | 2,381 | 06/23/2000 | |
| 385 Park Pl, Brooklyn | 3,580 | 08/12/2024 | $10 |
| 373 Park Pl, Brooklyn | 3,208 | 03/04/1993 | |
| 393 Park Pl, Brooklyn | 3,260 | 06/01/2016 | |
| 399 Park Pl, Brooklyn | 2,495 | 08/30/1985 | |
| 407 Park Pl, Brooklyn | 3,440 | 11/04/2014 | |
| 369 Park Pl, Brooklyn | 2,622 | 11/09/2021 | $4,090,000 |
| 403 Park Pl, Brooklyn | 2,495 | 09/05/2002 | |
| 338 Prospect Pl, Brooklyn | 40,755 | ||
| 395 Park Pl, Brooklyn | 2,381 | 05/28/1986 | |
| 379 Park Pl, Brooklyn | 2,381 | 12/09/1981 | |
| 401 Park Pl, Brooklyn | 2,495 | 06/10/2008 | $1,820,000 |
