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637 Park Place, Brooklyn, NY 11238 Property Information

637 Park Place, Brooklyn, NY 11238 Property Information

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

Primary address 637 Park Place
Secondary address 698-712 Franklin Ave
Neighborhood Crown Heights
Zip code 11238
Borough Brooklyn
Block & lot 01163-0054

Sales & Tax Overview for 637 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 06/30/2017
Purchase price $3,475,528
Tax class
Estimated property tax $7,547

Lot & Building Information for 637 Park Place, Brooklyn

Lot sq. ft. 4,585
Lot dimensions 35 ft x 131 ft
Property type Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 12,600
Building dimensions 35 ft x 120 ft
Buildings on lot 1
Stories 3
Year built 1931
Year last altered 1999
Construction type
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Zoning & Use for 637 Park Place, Brooklyn

Zoning
Residential units (DOF) 6
Regulated units
Commercial units 3
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.80 Miles
Closest fire station 0.24 Miles

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

Other Property Data for 637 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 637 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 637 Park Place, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 698-712 Franklin Ave, Brooklyn, NY 11238

About 637 Park Place, Brooklyn

How many sq. ft. does 637 Park Place, Brooklyn, NY 11238 have & what is the price per sq. ft?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 637 Park Place, Brooklyn, NY 11238 has a total of 12,600 square feet and a current price per square foot of $275.

What is the year built & the current market value of 637 Park Place, Brooklyn, NY 11238?

637 Park Place, Brooklyn, NY 11238 was built in 1931 and has a current tax assessor's market value of $2,766,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 637 Park Place, Brooklyn

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Property owner name for 637 Park Place, Brooklyn, NY 11238
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Building contacts for 637 Park Place, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 637 Park Place, Brooklyn

Create a free account to view the complete sales history for 637 Park Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/30/2017 $3,475,528

Title Documents for 637 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
09/26/2023 - D
12/21/2023 - R
Agreement
(2023121900796001)
07/01/2022 - D
07/22/2022 - R
Agreement
(2022071200653007)
07/01/2022 - D
07/22/2022 - R
Agreement
(2022071200653006)
07/01/2022 - D
07/22/2022 - R
Subordination of Mortgage
(2022071200653005)
07/01/2022 - D
07/22/2022 - R
Subordination of Mortgage
(2022071200653004)
07/01/2022 - D
07/22/2022 - R
Subordination of Mortgage
(2022071200653003)
07/01/2022 - D
07/22/2022 - R
Agreement
(2022071200653002)
07/01/2022 - D
07/22/2022 - R
Mortgage
(2022071200653001)
07/27/2017 - R Initial UCC1
(2017071300396076)
06/30/2017 - D
07/27/2017 - R
Agreement
(2017071300396080)
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R: Recorded date
D: Document date

Property Taxes for 637 Park Place, Brooklyn

Access detailed property tax data for 637 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: $6,989
Estimated property tax: $7,547
Tax assessor's market value: $2,766,000
Assessed value: $1,244,700
Exemptions granted by city:

Assessment History for 637 Park Place, Brooklyn

Here's the assessment & property tax history for 637 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 $2,766,000 $1,244,700 $56,183 12.439% $49,919 $6,989 +6.18%
2024/25 $2,595,000 $1,167,750 $52,654 12.5% $47,013 $6,582 +6.60%
2023/24 $2,409,000 $1,084,050 $49,387 12.502% $44,103 $6,174 +7.49%
2022/23 $2,367,000 $1,065,150 $46,825 12.267% $41,028 $5,744 +0.26%
2021/22 $2,785,000 $1,253,250 $46,825 12.235% $40,921 $5,729 +27.44%

Permits for 637 Park Place, Brooklyn

The complete history of permits filed for 637 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
04/11/2018 Alteration
04/05/2018 Alteration
03/20/2017 Alteration type 2
03/20/2017 Alteration type 2
06/16/2014 Alteration type 2
09/08/2006 Alteration type 2
02/11/2003 Alteration type 1
01/02/2003 Alteration type 3
07/30/2002 Alteration type 3
12/08/2000 Sign
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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) 0.06
View subway map
Bus Routes
Name Franklin Av/Prospect Pl
Line B48
Distance (miles) 0.024

Neighbors for 637 Park Place, Brooklyn

Here are the neighbors for 637 Park Place, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
592 Prospect Pl, Brooklyn 13,948 07/29/1987
586 Prospect Pl, Brooklyn 13,948 07/29/1987
560 Prospect Pl, Brooklyn 14,984 06/27/2011
550 Prospect Pl, Brooklyn 46,359 06/27/2018 $6,000,000
631 Park Pl, Brooklyn 6,432 06/17/1991
625 Park Pl, Brooklyn 3,740 09/23/2022
690 Franklin Ave, Brooklyn 3,000 05/20/2002
688 Franklin Ave, Brooklyn 3,000 01/09/2008 $600,000
633 Park Pl, Brooklyn 6,432 06/14/1991
596 Prospect Pl, Brooklyn 22,405 04/27/2023
621 Park Pl, Brooklyn 3,740 07/22/2002
694 Franklin Ave, Brooklyn 4,000 05/31/2011 $432,500
601 Park Pl, Brooklyn 22,660 12/04/1990
572 Prospect Pl, Brooklyn 14,984 11/20/2015 $8,220,000
635 Park Pl, Brooklyn 6,432 10/04/2001
619 Park Pl, Brooklyn 3,740 11/12/2015 $1,200,000
623 Park Pl, Brooklyn 3,740 12/05/2012
605 Park Pl, Brooklyn 1,600 09/23/1991
612 Prospect Pl, Brooklyn 2,199 08/20/2008 $553,000
566 Prospect Pl, Brooklyn 14,984 04/04/1989
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