Kings  »  11238  »  Park Pl  »  637 Park Pl

637 Park Place, Brooklyn, NY 11238 - Property report

Also known as: 698-712 Franklin Ave

Property image for 637 Park Place, Brooklyn, NY 11238
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

4,585

Sale price

$3,475,528

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
637 Park Place
Alternate address(es)
698-712 Franklin Ave
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01163-0054

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
12,600
Building dimensions
35 ft x 120 ft
Buildings on lot
1
Stories
3
Year built
1931
Last altered
1999
Building material
Sales
Sale date
06/30/2017
Sale price
$3,475,528 - M
Tax
Tax year
2026-2027
Property tax
$7,548
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
35 ft x 131 ft
Lot sq. ft.
4,585

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.80 Miles
Closest fire station
0.24 Miles

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Ownership information for 637 Park Place, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 637 Park Place, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
06/30/2017 $3,475,528 XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXX XXXXXXXXXX XXXXXXX XXXXXXXXXX X X.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/21/2023 - R
09/26/2023 - D
Agreement
(2023121900796001)
XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
07/22/2022 - R
07/01/2022 - D
Agreement
(2022071200653007)
XXX XXXX XX XXX XXXX XXXXXXX XXXXXXXXXX XXXXXXXXXXX
07/22/2022 - R
07/01/2022 - D
Agreement
(2022071200653006)
XXX XXXX XX XXX XXXX XXXXXXX XXXXXXXXXX XXXXXXXXXXX
07/22/2022 - R
07/01/2022 - D
Subordination of Mortgage
(2022071200653005)
XXX XXXX XX XXX XXXX XXXXXXX XXXXXXXXXX XXXXXXXXXXX
07/22/2022 - R
07/01/2022 - D
Subordination of Mortgage
(2022071200653004)
XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXX XXXXXXXXXXX
07/22/2022 - R
07/01/2022 - D
Subordination of Mortgage
(2022071200653003)
XXX XXXXXXXXX XXXXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
07/22/2022 - R
07/01/2022 - D
Agreement
(2022071200653002)
XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXX XXXXXXX XXXXXXXXXX XXXXXXXXXXX
07/22/2022 - R
07/01/2022 - D
Mortgage
(2022071200653001)
XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
07/27/2017 - R Initial UCC1
(2017071300396076)
XX XXXXXXX XX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
07/27/2017 - R
06/30/2017 - D
Agreement
(2017071300396080)
XXX XXXX XX XXX XXXX XXXXXXX XXXXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 637 Park Place, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$7,548
Municipal exemptions
Recent tax assessments
Market value
$2,281,000
Assessed value
$1,026,450

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y 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%
2020/21 $2,452,000 $1,103,400 $36,647 12.267% $32,111 $4,495 +6.22%
2019/20 $2,285,000 $1,028,250 $33,932 12.473% $30,231 $4,232 -85.05%
2018/19 $2,447,000 $1,101,150 $224,422 12.612% $28,304 $28,304 +277.84%
2017/18 $2,181,000 $981,450 $58,896 12.719% $26,754 $7,491 -1.34%
2016/17 $2,058,000 $926,100 $58,896 12.892% $27,117 $7,593 +4.54%

Permit information for 637 Park Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/16/2026 Alteration
04/11/2018 Alteration
04/05/2018 Alteration
03/20/2017 Alteration type 2
03/20/2017 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/17/2020 Lblvio-low pressure boiler
08/27/2014 Aeuhaz1-fail to certify class 1
05/15/2014 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Franklin Ave & Park Pl at NW Corner
Station lines
FS
Distance (miles)
0.06

Access the detailed traffic volume map for 637 Park Place, Brooklyn, NY 11238 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 637 Park Place, Brooklyn, NY 11238?

The development at 637 Park Place, Brooklyn, NY 11238 was built in 1931.

What is the market value of 637 Park Place, Brooklyn, NY 11238?

The current market value of 637 Park Place, Brooklyn, NY 11238 is $2,281,000.

What is the total square footage of 637 Park Place, Brooklyn, NY 11238?

637 Park Place, Brooklyn, NY 11238 has a total of 12,600 square feet.

What is the price per square foot for this property?

$275 per square foot is the price for 637 Park Place, Brooklyn, NY 11238.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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