Kings  »  11238  »  Park Pl  »  589 Park Pl

589 Park Place, Brooklyn, NY 11238 - Property report

Also known as: 589 Park Pl

Property image for 589 Park Place, Brooklyn, NY 11238
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

5,240

General information

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Address
Primary address
589 Park Place
Alternate address(es)
589-591 Park Pl
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01163-0078

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
10,992
Building dimensions
40 ft x 85 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
1964
Building material
Tax
Tax year
2026-2027
Property tax
$97,879
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
16
Residential sq. ft.
Lot
Lot dimensions
40 ft x 131 ft
Lot sq. ft.
5,240

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.87 Miles
Closest fire station
0.17 Miles

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

Ownership information for 589 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 589 Park Place, Brooklyn, NY 11238

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/11/2017 - R
03/16/2017 - D
Mortgage
(2017041100135001)
XXX XX XXX XXXXXXXX XXXXX XXXX X X
06/10/2011 - R
01/31/2011 - D
Deed
(2011052600581001)
XXXX XXXXX X XXX XX XXX
05/10/2010 - R
05/06/2010 - D
Satisfaction of Mortgage
(2010050600473001)
XXXX XXX XXXXXXXX XXXXXXX XXXXXXXXXXX
05/10/2010 - R
05/06/2010 - D
Satisfaction of Mortgage
(2010050600288001)
XXXX XXX XXXXXXXX XXXXXXX XXXXXXXXXXX
09/10/2008 - R UCC3 Termination
(2008090401433001)
XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
09/10/2008 - R
08/22/2008 - D
Termination of Assign of L&R
(2008090500970001)
XXXX XXXXX
09/10/2008 - R
08/22/2008 - D
Satisfaction of Mortgage
(2008090401046001)
XXXXXXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
01/18/2007 - R
06/15/2006 - D
Satisfaction of Mortgage
(2006121900289002)
XXXXX XXXXXX XXXXXXXX XXXXXX
01/05/2005 - R
12/20/2004 - D
Initial UCC1
(2004122001801001)
XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
04/05/1999 - R Mortgage
(3110006534111)
XXXX XXX XXXXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 589 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
$97,879
Municipal exemptions
Recent tax assessments
Market value
$2,101,000
Assessed value
$945,450

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 $1,950,000 $877,500 $703,890 12.439% $87,557 $87,557 +7.96%
2024/25 $1,679,000 $755,550 $648,810 12.5% $81,101 $81,101 +6.91%
2023/24 $1,691,000 $760,950 $606,780 12.502% $75,860 $75,860 +10.49%
2022/23 $1,322,000 $594,900 $559,710 12.267% $68,660 $68,660 +7.36%
2021/22 $1,179,000 $530,550 $522,720 12.235% $63,955 $63,955 +5.61%
2020/21 $1,338,000 $602,100 $493,650 12.267% $60,556 $60,556 +8.93%
2019/20 $1,212,000 $545,400 $445,680 12.473% $55,590 $55,590 +11.05%
2018/19 $1,168,000 $525,600 $396,900 12.612% $50,057 $50,057 +13.20%
2017/18 $911,000 $409,950 $347,670 12.719% $44,220 $44,220 +8.39%
2016/17 $856,000 $385,200 $316,440 12.892% $40,795 $40,795 +10.64%

Permit information for 589 Park Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/17/1991 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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)
0.031

Access the detailed traffic volume map for 589 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 589 Park Place, Brooklyn, NY 11238?

The development at 589 Park Place, Brooklyn, NY 11238 was built in 1931.

What is the total square footage of 589 Park Place, Brooklyn, NY 11238?

589 Park Place, Brooklyn, NY 11238 has a total of 10,992 square feet.

What is the assessed value of 589 Park Place, Brooklyn, NY 11238?

589 Park Place, Brooklyn, NY 11238 is currently assessed at $945,450.

What are the property taxes for 589 Park Place, Brooklyn, NY 11238?

The property taxes for 589 Park Place, Brooklyn, NY 11238 total $97,878.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

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