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585 Park Place, Brooklyn, NY 11238 Property Information

585 Park Place, Brooklyn, NY 11238 Property Information

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

Primary address 585 Park Place
Neighborhood Crown Heights
Zip code 11238
Borough Brooklyn
Block & lot 01163-0080

Sales & Tax Overview for 585 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 05/18/2017
Purchase price $5,200,000
Tax class
Estimated property tax $21,135

Lot & Building Information for 585 Park Place, Brooklyn

Lot sq. ft. 3,930
Lot dimensions 30 ft x 131 ft
Property type Five to Six Families (C2)
Building sqft 6,630
Building dimensions 30 ft x 89 ft
Buildings on lot 1
Stories 3
Year built 1931
Construction type
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Zoning & Use for 585 Park Place, Brooklyn

Zoning
Residential units (DOF) 6
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.87 Miles
Closest fire station 0.16 Miles

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

Other Property Data for 585 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 585 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 585 Park Place, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 585 Park Place, Brooklyn

What is the year built & the total sq. ft. for 585 Park Place, Brooklyn, NY 11238?

585 Park Place, Brooklyn, NY 11238 was built in 1931 and has a total of 6,630 square feet.

What is the assessed value of 585 Park Place, Brooklyn, NY 11238 and the property tax paid?

Assessed at $821,250, the tax amount paid for 585 Park Place, Brooklyn, NY 11238 is $21,135. For the next year, the tax amount for 585 Park Place, Brooklyn, NY 11238 is estimated at $21,135.

When was 585 Park Place, Brooklyn, NY 11238 last sold and what was the last sale price?

585 Park Place, Brooklyn, NY 11238 was last sold in 05/18/2017 for $5,200,000.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 585 Park Place, Brooklyn

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Property owner name for 585 Park Place, Brooklyn, NY 11238
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Building contacts for 585 Park Place, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 585 Park Place, Brooklyn

Create a free account to view the complete sales history for 585 Park Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/18/2017 $5,200,000

Title Documents for 585 Park Place, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
02/05/2025 - R Initial UCC1
(2025020200025011)
12/27/2024 - D
02/05/2025 - R
Assignment of Leases and Rents
(2025020200025010)
12/27/2024 - D
02/05/2025 - R
Agreement
(2025020200025009)
12/27/2024 - D
02/05/2025 - R
Partial Release of Mortgage
(2025020200025008)
12/27/2024 - D
02/05/2025 - R
Partial Release of Mortgage
(2025020200025007)
12/27/2024 - D
02/05/2025 - R
Release
(2025020200025006)
12/27/2024 - D
02/05/2025 - R
Assignment, Mortgage
(2025020200025005)
12/27/2024 - D
02/05/2025 - R
Partial Release of Mortgage
(2025020200025004)
12/27/2024 - D
02/05/2025 - R
Mortgage
(2025020200025002)
12/27/2024 - D
02/05/2025 - R
Agreement
(2025020200025001)
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R: Recorded date
D: Document date

Property Taxes for 585 Park Place, Brooklyn

Access detailed property tax data for 585 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: $21,135
Estimated property tax: $21,135
Tax assessor's market value: $1,825,000
Assessed value: $821,250

Assessment History for 585 Park Place, Brooklyn

Here's the assessment & property tax history for 585 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 $1,825,000 $821,250 $169,913 12.439% $21,135 $21,135 +5.72%
2024/25 $1,741,000 $783,450 $159,940 12.5% $19,993 $19,993 +6.99%
2023/24 $1,523,000 $685,350 $149,462 12.502% $18,686 $18,686 +9.01%
2022/23 $1,607,000 $723,150 $139,734 12.267% $17,141 $17,141 +7.19%
2021/22 $1,387,000 $624,150 $130,702 12.235% $15,991 $15,991 -0.26%

Permits for 585 Park Place, Brooklyn

The complete history of permits filed for 585 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
05/07/2018 Alteration type 3
10/24/2011 Alteration type 2
10/08/2010 Alteration type 1
02/12/2009 Alteration type 1
10/28/1991 Alteration type 2
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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

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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) 0.038
View subway map
Bus Routes
Name Classon Av/Sterling Pl
Line B48
Distance (miles) 0.097

Neighbors for 585 Park Place, Brooklyn

Here are the neighbors for 585 Park Place, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
369 Flatbush Ave, Brooklyn 8,770 07/19/2000
367 Flatbush Ave, Brooklyn 4,304 09/19/2025
625 Park Pl, Brooklyn 3,740 09/23/2022
355 Flatbush Ave, Brooklyn 4,770 09/06/1988
353 Flatbush Ave, Brooklyn 4,991 01/27/2011
597 Park Pl, Brooklyn 6,000 12/23/2013 $1,550,000
581 Park Pl, Brooklyn 6,630 07/30/1992
349 Flatbush Ave, Brooklyn 1,784 03/20/2024
593 Park Pl, Brooklyn 6,000 04/23/2018
621 Park Pl, Brooklyn 3,740 07/22/2002
596 Prospect Pl, Brooklyn 22,405 04/27/2023
692 Franklin Ave, Brooklyn 3,980 09/22/2025
357 Flatbush Ave, Brooklyn 17,521 03/29/2023 $11,606,380
351 Flatbush Ave, Brooklyn 2,120 02/23/2006
601 Park Pl, Brooklyn 22,660 12/04/1990
619 Park Pl, Brooklyn 3,740 11/12/2015 $1,200,000
375 Flatbush Ave, Brooklyn 6,700 07/30/2007
589 Park Pl, Brooklyn 10,992 01/31/2011
605 Park Pl, Brooklyn 1,600 09/23/1991
623 Park Pl, Brooklyn 3,740 12/05/2012
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