New York City » 11238 » Park Pl » 625 Park Pl

625 Park Place, Brooklyn, NY 11238 - Property report

Also known as: 625 Park Pl

Property image for 625 Park Place, Brooklyn, NY 11238

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

1,988

Sale price

$1,950,000

General information

Address

Primary address

625 Park Place

ZIP code

11238

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01163-0063

Building

Property type

Four Families (C3)

Building sq. ft.

3,740

Building dimensions

18.75 ft x 50 ft

Buildings on lot

Stories

Year built

1931

Building material

Stone

Exterior wall

None

Basement

Sales

Sale date

05/05/2021

Sale price

$1,950,000

Tax

Tax year

2026-2027

Property tax

$14,518

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Park Place (narrow)

Nearest wide street

St Marks Avenue

Distance to wide street

Lot dimensions

18.75 ft x 106 ft

Lot sq. ft.

1,988

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

Community district

Closest police station

0.82 Miles

Closest fire station

0.21 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 625 Park Place, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 625 Park Place, Brooklyn, NY 11238

Sale date	Sale price	Buyer name	Seller name
05/05/2021	$1,950,000	XXX XXXX XX, XXX	XXXXX, XXXX
10/04/2018	$1,750,000	XXXXX, XXXX	XXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/07/2022 - R 09/23/2022 - D	Deed (2022100500070002)	XXXXXXXXX XXXXXX XX X X X	XXXXXXXXX XXXXXX X X X
05/19/2021 - R	Initial UCC1 (2021051101077006)	XXX XXXX XX XXX	XX XX XXXXXXX XX XXX
05/19/2021 - R 05/05/2021 - D	Assignment of Leases and Rents (2021051101077005)	XXX XXXX XX XXX	XX XX XXXXXXX XX XXX
05/19/2021 - R 05/05/2021 - D	Assignment of Leases and Rents (2021051101077004)	XXX XXXX XX XXX	XX XX XXXXXXX XX XXX
05/19/2021 - R 05/05/2021 - D	Mortgage (2021051101077003)	XXX XXXX XX XXX	XX XX XXXXXXX XX XXX
05/19/2021 - R 05/05/2021 - D	Mortgage (2021051101077002)	XXX XXXX XX XXX	XX XX XXXXXXX XX XXX
05/19/2021 - R 05/05/2021 - D	Deed (2021051101077001)	XXXXX XXXX	XXX XXXX XX XXX
04/08/2021 - R 06/18/2020 - D	Satisfaction of Mortgage (2021040500434001)	XXXXX XXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/06/2019 - R 05/29/2019 - D	Deed (2019060300754001)	XXXXX XXXX	XXX XXXX XXXXX XXX
10/10/2018 - R 10/04/2018 - D	Mortgage (2018100800493002)	XXXXX XXXX	XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 625 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

$14,518

Municipal exemptions

Recent tax assessments

Market value

$1,382,000

Assessed value

$621,900

More about New York City property taxes

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	$1,221,000	$549,450	$116,710	12.439%	$14,518	$14,518	+5.83%
2024/25	$1,145,000	$515,250	$109,743	12.5%	$13,718	$13,718	+7.94%
2023/24	$1,081,000	$486,450	$101,650	12.502%	$12,708	$12,708	+10.07%
2022/23	$1,062,000	$477,900	$94,120	12.267%	$11,546	$11,546	+5.11%
2021/22	$919,000	$413,550	$89,777	12.235%	$10,984	$10,984	-0.26%
2020/21	$1,006,000	$452,700	$89,777	12.267%	$11,013	$11,013	+4.59%
2019/20	$942,000	$423,900	$84,418	12.473%	$10,529	$10,529	+6.77%
2018/19	$785,000	$353,250	$78,192	12.612%	$9,862	$9,862	+7.09%
2017/18	$666,000	$299,700	$72,400	12.719%	$9,209	$9,209	+3.43%
2016/17	$604,000	$271,800	$69,059	12.892%	$8,903	$8,903	+0.07%

Permits

Permit information for 625 Park Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/11/2022	Alteration
12/28/2021	Alteration
10/22/2021	Alteration
09/10/2021	Alteration
05/06/2020	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	04/15/2026	C
	11/02/2025	C
	11/02/2025	C

*Most recent HPD violations on record for this property.

Neighborhood

Crown Heights North residential market stats

Access a detailed real estate market overview of Crown Heights North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Crown Heights North and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Franklin Ave & Park Pl at NW Corner

Station lines

Distance (miles)

0.029

View subway map

Access the detailed traffic volume map for 625 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 316 Elijah Stroud	8	Yes	Public	PK, K-5	550	0.23
P.S. 316 Elijah Stroud	8	Yes	Public	PK, K-5	550	0.23
Friends of Crown Heights #2	NR	No	Private	K	0	0.16
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.16
Brooklyn Arts and Science Elementary School	4	No	Public	PK, K-5	275	0.22
Brooklyn Arts and Science Elementary School	4	No	Public	PK, K-5	275	0.22
Explore Exceed Charter School	6	No	Charter	K-8	429	0.22
German School Brooklyn	NR	No	Private	PK, K-8	195	0.26
German School Brooklyn	NR	No	Private	PK, K-8	195	0.26
Carmel Christian School	NR	No	Private	K-9	51	0.26

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Elijah Stroud Middle School	5	Yes	Public	6-8	121	0.23
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.16
Explore Exceed Charter School	6	No	Charter	K-8	429	0.22
German School Brooklyn	NR	No	Private	PK, K-8	195	0.26
Carmel Christian School	NR	No	Private	K-9	51	0.26
Carmel Christian School	NR	No	Private	PK, K-8	0	0.28
P.S. 138	6	No	Public	PK, K-8	414	0.32
St. Francis De Sales School	NR	No	Private	PK-8	63	0.32
Medgar Evers College Preparatory School	7	No	Public	6-12	1,351	0.62

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Aspirations Diploma Plus High School	NR	No	Public	9-12	199	0.35
Acorn Community High School	NR	No	Public	9-12	107	0.36
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.36
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.36
W E B Dubois Academic High School	NR	No	Public	9-12	114	0.37
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL	NR	No	Public	9-12	143	0.38
High School For Global Citizenship	4	No	Public	9-12	221	0.39
Brooklyn School For Music And Theater	4	No	Public	9-12	223	0.39
Brooklyn Academy of Science and the Environment	3	No	Public	9-12	265	0.39
International High School at Prospect Heights	1	No	Public	9-12	272	0.39

Frequently asked questions

What is the year built for 625 Park Place, Brooklyn, NY 11238?

The development at 625 Park Place, Brooklyn, NY 11238 was built in 1931.

What is the total square footage of 625 Park Place, Brooklyn, NY 11238?

625 Park Place, Brooklyn, NY 11238 has a total of 3,740 square feet.

When was 625 Park Place, Brooklyn, NY 11238 last sold and what was the sale price?

625 Park Place, Brooklyn, NY 11238 was last sold on 05/05/2021 for $1,950,000.

What is the assessed value of 625 Park Place, Brooklyn, NY 11238?

625 Park Place, Brooklyn, NY 11238 is currently assessed at $621,900.

What are the property taxes for 625 Park Place, Brooklyn, NY 11238?

The property taxes for 625 Park Place, Brooklyn, NY 11238 total $14,517.

How many residential units does this building have?

This building has 4 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.