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537 Park Place, Brooklyn, NY 11238 Property Information

537 Park Place, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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537 Park Place, Brooklyn, NY 11238 1
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Address

Primary address 537 Park Place
Neighborhood Prospect Heights
Zip code 11238
Borough Brooklyn
Block & lot 01162-0058

Sales & Tax Overview for 537 Park Place, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 09/16/2013
Purchase price $400,000
Tax class
Estimated property tax $239

Lot & Building Information for 537 Park Place, Brooklyn

Lot sq. ft. 1,500
Lot dimensions 20 ft x 75 ft
Property type Primarily Five to Six Family with One Store or Office (S5)
Building sqft 4,196
Building dimensions 20 ft x 55 ft
Buildings on lot 1
Stories 4
Year built 1930
Year last altered 2015
Construction type
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Zoning & Use for 537 Park Place, Brooklyn

Zoning
Residential units (DOF) 6
Regulated units
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.82 Miles
Closest fire station 0.11 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 537 Park Place, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 537 Park Place, Brooklyn, NY 11238, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 537 Park Place, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 537 Park Place, Brooklyn

How many square feet does 537 Park Place, Brooklyn, NY 11238 have?

This Primarily Five to Six Family with One Store or Office (S5) located at 537 Park Place, Brooklyn, NY 11238 has a total of 4,196 square feet.

What is the year built & the current market value of 537 Park Place, Brooklyn, NY 11238?

537 Park Place, Brooklyn, NY 11238 was built in 1930 and has a current tax assessor's market value of $1,048,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 537 Park Place, Brooklyn

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Property owner name for 537 Park Place, Brooklyn, NY 11238
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Building contacts for 537 Park Place, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 537 Park Place, Brooklyn

No photo available
537 Park Pl
Listing type For Lease
Listing date 02/05/2017
Last updated 01/23/2025
View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
537 PARK PLACE Retail (Other) $60/Sqft/Year 600 N/A
Active Listings For This Property:
For Lease No photo available
537 Park Pl
537 Park Place, Brooklyn
Property Office Building
Availability 1 Spaces listed / 600 Sqft
Price $60/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 537 Park Place, Brooklyn

Create a free account to view the complete sales history for 537 Park Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/16/2013 $400,000
05/24/2005 $575,000
10/21/2004 $220,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 537 Park Place, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
04/07/2022 - R UCC3 Continuation
(2022040400939001)
02/02/2018 - R UCC3 Assignment
(2018020101926002)
01/29/2018 - D
02/02/2018 - R
Assignment, Mortgage
(2018020101926001)
10/04/2017 - R UCC3 Termination
(2017100300899010)
10/04/2017 - R UCC3 Termination
(2017100300899009)
10/04/2017 - R Initial UCC1
(2017100300899007)
10/02/2017 - D
10/04/2017 - R
Assignment, Mortgage
(2017100300899008)
10/02/2017 - D
10/04/2017 - R
Agreement
(2017100300899006)
10/02/2017 - D
10/04/2017 - R
Mortgage
(2017100300899005)
10/02/2017 - D
10/04/2017 - R
Deed
(2017100300899002)
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R: Recorded date
D: Document date

Property Taxes for 537 Park Place, Brooklyn

Access detailed property tax data for 537 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: $0
Estimated property tax: $239
Tax assessor's market value: $1,048,000
Assessed value: $471,600
Exemptions granted by city:

Assessment History for 537 Park Place, Brooklyn

Here's the assessment & property tax history for 537 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 $1,048,000 $471,600 $40,500 12.439% $19,164 $58,662 -10.02%
2024/25 $1,159,000 $521,550 $36,534 12.5% $17,832 $65,194 +81329.57%
2023/24 $1,073,000 $482,850 $34,076 12.502% $16,513 $80 -99.87%
2022/23 $1,084,000 $487,800 $34,076 12.267% $16,203 $59,838 +24.87%
2021/22 $870,400 $391,680 $34,615 12.235% $15,660 $47,922 +1117.76%

Permits for 537 Park Place, Brooklyn

The complete history of permits filed for 537 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.

Filing date Job type Job status Job description Initial cost
03/03/2016 Alteration type 1
12/17/2015 Alteration type 3
10/15/2015 Alteration type 1
06/02/2015 Alteration type 2
09/15/2014 Alteration type 1
08/14/2014 Alteration type 2
07/31/2014 Alteration type 1
07/07/2014 Alteration type 1
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Franklin Ave & Park Pl at NW Corner
Station lines FS
Distance (miles) 0.128
View subway map
Bus Routes
Name Classon Av/Sterling Pl
Line B48
Distance (miles) 0.058

Neighbors for 537 Park Place, Brooklyn

Here are the neighbors for 537 Park Place, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
517 Park Pl, Brooklyn 4,860 08/30/2023 $2,200,000
519 Park Pl, Brooklyn 5,056 03/07/2013 $618,150
511 Park Pl, Brooklyn 4,860 10/20/1992
503 Park Pl, Brooklyn 4,860 05/20/2019
730 Classon Ave, Brooklyn 3,249 04/13/2005 $600,000
728 Classon Ave, Brooklyn 4,860 04/08/1988
724 Classon Ave, Brooklyn 5,364 11/01/1976
720 Classon Ave, Brooklyn 4,048 02/26/2014 $1,100,000
486 Prospect Pl, Brooklyn 5,024 06/23/2017 $2,200,000
533 Park Pl, Brooklyn 4,196 10/02/2017
507 Park Pl, Brooklyn 4,860 01/08/2008
502 Prospect Pl, Brooklyn 3,630 11/21/1989
500 Prospect Pl, Brooklyn 3,400 09/16/2016
515 Park Pl, Brooklyn 4,860 11/13/1987
505 Park Pl, Brooklyn 4,860 04/04/1986
494 Prospect Pl, Brooklyn 6,816 05/22/2013 $670,000
513 Park Pl, Brooklyn 4,860 04/24/2005
509 Park Pl, Brooklyn 4,860 11/22/2019 $2,480,000
736 Classon Ave, Brooklyn 3,700 07/24/2017
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