Kings  »  11238  »  Park Pl  »  585 Park Pl

585 Park Place, Brooklyn, NY 11238 - Property report

Also known as: 585 Park Pl

Property image for 585 Park Place, Brooklyn, NY 11238
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

3,930

Sale price

$3,175,000

General information

Unlock this property report with a free account

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

Owner

Find out who owns 585 Park Place, Brooklyn, NY 11238. Uncover corporate and individual owners with a free account.

Building
Property type
Five to Six Families (C2)
Building sq. ft.
6,630
Building dimensions
30 ft x 89 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
12/27/2024
Sale price
$3,175,000
Tax
Tax year
2026-2027
Property tax
$21,135
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
30 ft x 131 ft
Lot sq. ft.
3,930

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
0.16 Miles

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

Ownership

Ownership information for 585 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 585 Park Place, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
12/27/2024 $3,175,000 XXX XXXX XX XXXXXX XXX XXX XXX XXXX XXXXX, XXX
05/18/2017 $5,200,000 XXX XXX XXXX XXXXX, XXX XX XXX XXXX XX XXX
06/23/2010 $960,000 XXX XXXX XX XXX XXXXXXX, XXXX X XXX XXXXXXXX, XXXXXXX XXX XXXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/10/2025 - R UCC3 Termination
(2025030900032005)		 XXX XXX XXXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX
02/05/2025 - R Initial UCC1
(2025020200025011)		 XXX XXXX XX XXXXXX XXX XXXXXXXXX XXXX
02/05/2025 - R
12/27/2024 - D		 Assignment of Leases and Rents
(2025020200025010)		 XXX XXXX XX XXXXXX XXX XXXXXXXXX XXXX
02/05/2025 - R
12/27/2024 - D		 Agreement
(2025020200025009)		 XXX XXXX XX XXXXXX XXX XXXXXXXXX XXXX
02/05/2025 - R
12/27/2024 - D		 Partial Release of Mortgage
(2025020200025008)		 XXXXXXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXXXXXX XXX
02/05/2025 - R
12/27/2024 - D		 Partial Release of Mortgage
(2025020200025007)		 XXXXXXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXXXXXX XXX
02/05/2025 - R
12/27/2024 - D		 Release
(2025020200025006)		 XXXXXXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXXXXXX XXX
02/05/2025 - R
12/27/2024 - D		 Assignment, Mortgage
(2025020200025005)		 XXXXXXXXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXX
02/05/2025 - R
12/27/2024 - D		 Partial Release of Mortgage
(2025020200025004)		 XXXXXXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXXX XXX
02/05/2025 - R
12/27/2024 - D		 Mortgage
(2025020200025002)		 XXX XXX XXXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 585 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
$21,135
Municipal exemptions
Recent tax assessments
Market value
$2,189,000
Assessed value
$985,050

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 $1,825,000 $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%
2020/21 $1,521,000 $684,450 $130,702 12.267% $16,033 $16,033 +4.48%
2019/20 $1,587,000 $714,150 $123,031 12.473% $15,346 $15,346 +5.83%
2018/19 $1,392,000 $626,400 $114,971 12.612% $14,500 $14,500 +6.06%
2017/18 $1,180,000 $531,000 $107,488 12.719% $13,671 $13,671 +5.48%
2016/17 $1,070,000 $481,500 $100,540 12.892% $12,962 $12,962 +0.07%
Permits

Permit information for 585 Park Place, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/01/1994 Ll6291-local law 62/91 - boilers
08/16/1993 Ll6291-local law 62/91 - boilers
06/01/1993 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

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

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

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)
0.038
View subway map

Access the detailed traffic volume map for 585 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

Neighbors for 585 Park Place, Brooklyn, NY

369 Flatbush Ave, Brooklyn 367 Flatbush Ave, Brooklyn 625 Park Pl, Brooklyn 355 Flatbush Ave, Brooklyn 353 Flatbush Ave, Brooklyn 597 Park Pl, Brooklyn 581 Park Pl, Brooklyn 349 Flatbush Ave, Brooklyn 593 Park Pl, Brooklyn 621 Park Pl, Brooklyn 596 Prospect Pl, Brooklyn 692 Franklin Ave, Brooklyn 357 Flatbush Ave, Brooklyn 351 Flatbush Ave, Brooklyn 601 Park Pl, Brooklyn 619 Park Pl, Brooklyn 375 Flatbush Ave, Brooklyn 589 Park Pl, Brooklyn 605 Park Pl, Brooklyn 623 Park Pl, Brooklyn

Nearby ZIP codes for 585 Park Place, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 585 Park Place, Brooklyn, NY 11238?

The development at 585 Park Place, Brooklyn, NY 11238 was built in 1931.

What is the total square footage of 585 Park Place, Brooklyn, NY 11238?

585 Park Place, Brooklyn, NY 11238 has a total of 6,630 square feet.

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

585 Park Place, Brooklyn, NY 11238 was last sold on 12/27/2024 for $3,175,000.

What is the assessed value of 585 Park Place, Brooklyn, NY 11238?

585 Park Place, Brooklyn, NY 11238 is currently assessed at $985,050.

What are the property taxes for 585 Park Place, Brooklyn, NY 11238?

The property taxes for 585 Park Place, Brooklyn, NY 11238 total $21,135.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account