Kings  »  11238  »  Park Pl  »  562 Park Pl

562 Park Place, Brooklyn, NY 11238 - Property report

Also known as: 562 Park Pl

Property image for 562 Park Place, Brooklyn, NY 11238
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Property type

Over Six Families without Stores (C1)

Year built

1910

Lot sq. ft.

2,620

Sale price

$1,600,000

General information

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Address
Primary address
562 Park Place
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01168-0017

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
5,881
Building dimensions
20 ft x 74 ft
Buildings on lot
1
Stories
4
Year built
1910
Last altered
2017
Building material
Sales
Sale date
07/11/2016
Sale price
$1,600,000
Tax
Tax year
2026-2027
Property tax
$25,728
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 131 ft
Lot sq. ft.
2,620

Area overview

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

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Ownership information for 562 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 562 Park Place, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
07/11/2016 $1,600,000 X XXXX XXX XXXXXXXXXX, XXXXX XXX XXXXXXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/20/2026 - R UCC3 Continuation
(2026051901031001)
XXXXXX XXXXX XXX XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX
11/10/2021 - R Initial UCC1
(2021110300016009)
XXXXXX XXXXX XXX XXXXX XXXXXXXXXX XXXXXXX X XXX
11/03/2021 - R UCC3 Termination
(2021110300012002)
X XXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX
11/10/2021 - R
10/29/2021 - D
Assignment, Mortgage
(2021110300016008)
XXXXX XXXXXXXXXX XXXXXXX X XXX XXXXXX XXX
11/10/2021 - R
10/29/2021 - D
Agreement
(2021110300016007)
XXXXXX XXXXX XXX XXXXX XXXXXXXXXX XXXXXXX X XXX
11/10/2021 - R
10/29/2021 - D
Mortgage
(2021110300016006)
XXXXXX XXXXX XXX XXXXX XXXXXXXXXX XXXXXXX X XXX
11/10/2021 - R
10/29/2021 - D
Assignment, Mortgage
(2021110300016004)
XXXXXXXXXXXX XXXXXXXXXX XXXX XXXXX XXXXXXXXXX XXXXXXX X XXX
11/03/2021 - R
10/29/2021 - D
Termination of Assign of L&R
(2021110300012006)
XXXXXXXXXXXX XXXXXXXXXX XXXX X XXXX XXX
12/20/2018 - R Initial UCC1
(2018121900013003)
X XXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX
12/20/2018 - R
12/13/2018 - D
Assignment of Leases and Rents
(2018121900013002)
X XXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 562 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
$25,728
Municipal exemptions
Recent tax assessments
Market value
$1,942,000
Assessed value
$873,900

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 $1,619,000 $728,550 $191,511 12.439% $23,822 $23,822 +7.47%
2024/25 $1,621,200 $729,540 $177,325 12.5% $22,166 $22,166 -0.02%
2023/24 $1,351,000 $607,950 $177,325 12.502% $22,169 $22,169 +5.18%
2022/23 $1,323,000 $595,350 $171,829 12.267% $21,078 $21,078 +8.28%
2021/22 $1,058,000 $476,100 $159,101 12.235% $19,466 $19,466 +7.72%
2020/21 $1,070,000 $481,500 $147,316 12.267% $18,071 $18,071 +6.22%
2019/20 $997,000 $448,650 $136,404 12.473% $17,014 $17,014 +251.96%
2018/19 $789,000 $47,340 $23,108 20.919% $4,834 $4,834 +8.77%
2017/18 $1,323,000 $79,380 $21,801 20.385% $4,444 $4,444 +8.08%
2016/17 $980,000 $58,800 $20,568 19.991% $4,112 $4,112 +2.23%

Permit information for 562 Park Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/10/2017 Alteration
11/10/2017 Alteration
12/20/2016 Alteration type 3
11/14/2016 Alteration type 1
11/14/2016 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/07/2017 C-construction
05/23/2017 C-construction
08/08/2002 L1198-local law 11/98 - facade

*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

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)
0.078

Access the detailed traffic volume map for 562 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 562 Park Place, Brooklyn, NY 11238?

The development at 562 Park Place, Brooklyn, NY 11238 was built in 1910.

What is the total square footage of 562 Park Place, Brooklyn, NY 11238?

562 Park Place, Brooklyn, NY 11238 has a total of 5,881 square feet.

When was 562 Park Place, Brooklyn, NY 11238 last sold and what was the sale price?

562 Park Place, Brooklyn, NY 11238 was last sold on 07/11/2016 for $1,600,000.

What is the assessed value of 562 Park Place, Brooklyn, NY 11238?

562 Park Place, Brooklyn, NY 11238 is currently assessed at $873,900.

What are the property taxes for 562 Park Place, Brooklyn, NY 11238?

The property taxes for 562 Park Place, Brooklyn, NY 11238 total $25,727.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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