Kings  »  11238  »  Park Pl  »  581 Park Pl

581 Park Place, Brooklyn, NY 11238 - Property report

Also known as: 581 Park Pl

Property image for 581 Park Place, Brooklyn, NY 11238
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

3,930

General information

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Address
Primary address
581 Park Place
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01163-0081

Owner

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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
Tax
Tax year
2026-2027
Property tax
$18,264
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
0.88 Miles
Closest fire station
0.16 Miles

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Ownership information for 581 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 581 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
12/29/1992 - R
07/30/1992 - D
Deed
(3100001738610)
XXXXXXX XXXXXX XXXXXXX XXXX
06/06/1985 - R Mortgage
(3050001092105)
XXXXXXX XXXXXXX XXXX XX XXXXXXXX
03/27/1967 - R Assignment, Mortgage
(36730038700318)
XXXXXX XXXXXX XXXXXX XXXXX
04/26/1966 - R Assignment, Mortgage
(36630011300295)
XXXXXXX XXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXX
04/06/1966 - R Assignment, Mortgage
(36630009500160)
XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXX XXXXX XXXXXXXX
03/21/1966 - R Assignment, Mortgage
(36630007700194)
XXXXXXXXX XXXXXXX XXXXXX XXXXXX
02/10/1966 - R Mortgage
(36630003900431)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXX
02/10/1966 - R Deed
(36630003900390)
XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX
02/10/1966 - R Deed
(36630003900388)
XXXXX XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
02/09/1966 - R Assignment, Mortgage
(36630003800467)
XXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 581 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
$18,264
Municipal exemptions
Recent tax assessments
Market value
$2,189,000
Assessed value
$985,050

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 $146,827 12.439% $18,264 $18,264 +2.76%
2024/25 $1,741,000 $783,450 $142,182 12.5% $17,773 $17,773 +7.94%
2023/24 $1,523,000 $685,350 $131,704 12.502% $16,466 $16,466 +10.04%
2022/23 $1,607,000 $723,150 $121,976 12.267% $14,963 $14,963 +8.28%
2021/22 $1,387,000 $624,150 $112,944 12.235% $13,819 $13,819 -0.26%
2020/21 $1,521,000 $684,450 $112,944 12.267% $13,855 $13,855 +1.56%
2019/20 $1,587,000 $714,150 $109,371 12.473% $13,642 $13,642 +6.77%
2018/19 $1,392,000 $626,400 $101,311 12.612% $12,777 $12,777 +7.07%
2017/18 $1,180,000 $531,000 $93,828 12.719% $11,934 $11,934 +6.55%
2016/17 $1,070,000 $481,500 $86,880 12.892% $11,201 $11,201 +0.07%

Permit information for 581 Park Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/13/2025 Alteration

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/25/2023 Lblvio-low pressure boiler boiler required
02/24/2017 Lblvio-low pressure boiler
03/03/2015 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

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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)
0.043

Access the detailed traffic volume map for 581 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 581 Park Place, Brooklyn, NY 11238?

The development at 581 Park Place, Brooklyn, NY 11238 was built in 1931.

What is the total square footage of 581 Park Place, Brooklyn, NY 11238?

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

What is the assessed value of 581 Park Place, Brooklyn, NY 11238?

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

What are the property taxes for 581 Park Place, Brooklyn, NY 11238?

The property taxes for 581 Park Place, Brooklyn, NY 11238 total $18,263.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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