New York City » 11216 » Park Pl » 877 Park Pl

877 Park Place, Brooklyn, NY 11216 - Property report

Also known as: 877 Park Pl

Property image for 877 Park Place, Brooklyn, NY 11216

Property type

Two Family Brick (B1)

Year built

1915

Lot sq. ft.

2,070

Sale price

$465,000

General information

Address

Primary address

877 Park Place

ZIP code

11216

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01234-0060

Building

Property type

Two Family Brick (B1)

Building sq. ft.

3,744

Building dimensions

18 ft x 45 ft

Buildings on lot

Stories

Year built

1915

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

04/10/2003

Sale price

$465,000

Tax

Tax year

2026-2027

Property tax

$6,432

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Park Place (narrow)

Nearest wide street

Nostrand Avenue

Distance to wide street

Lot dimensions

18 ft x 115 ft

Lot sq. ft.

2,070

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.59 Miles

Closest fire station

0.67 Miles

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

Ownership

Ownership information for 877 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 877 Park Place, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
04/10/2003	$465,000	XXXXXXXX-XXXX, XXXXXX XXX XXXXXXXX-XXXX, XXXXX	XXXXX XXXXX XXXXXXXXXX XXXXX XX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/25/2025 - R 08/15/2025 - D	Satisfaction of Mortgage (2025082000873001)	XXXX XXXXX XXXXXXXX	XXXX XX XXXX
08/25/2025 - R 08/14/2025 - D	Termination of Assign of L&R (2025082000876001)	XXXX XXXXX XXXXXXXX	XXXX XX XXXX
06/13/2025 - R 06/12/2025 - D	Satisfaction of Mortgage (2025061200438001)	XXXXXXXX XXXX XXXXX	XXXX XXXX
05/05/2021 - R 04/28/2021 - D	Landmark Designation (2021042801006001)	XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
11/16/2020 - R 10/02/2020 - D	Agreement (2020110400956004)	XXXXXXXX XXXX XXXXX	XXXX
11/16/2020 - R 10/02/2020 - D	Mortgage (2020110400956003)	XXXXXXXX XXXX XXXXX	XXXX
11/16/2020 - R 10/01/2020 - D	Assignment, Mortgage (2020110400956002)	XXXXXXXX XXXXXXXX XXXXX XXX	XXXX
11/16/2020 - R 09/25/2020 - D	Subordination of Mortgage (2020110400956006)	XXXX XXXX	XXXXXXXX XXXXXXXX XXXXX XXX
11/16/2020 - R 07/24/2020 - D	Assignment, Mortgage (2020110400956001)	XXXXXXXX XXXX X X	XXXXXXXX XXXXXXXX XXXXX XXX
11/16/2020 - R 07/01/2020 - D	Subordination of Mortgage (2020110400956005)	XXXXXXXX XXXXXXXX XXXXX XXX	XXXX XX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 877 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

$6,432

Municipal exemptions

Recent tax assessments

Market value

$1,698,000

Assessed value

$101,880

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	$1,649,000	$98,940	$32,388	19.843%	$6,427	$6,427	+1.10%
2024/25	$1,940,000	$116,400	$31,649	20.085%	$6,357	$6,357	+4.42%
2023/24	$2,380,000	$142,800	$30,310	20.085%	$6,088	$6,088	+4.71%
2022/23	$2,241,000	$134,460	$28,627	20.309%	$5,814	$5,814	+7.82%
2021/22	$2,091,000	$125,460	$27,012	19.963%	$5,392	$5,392	-5.07%
2020/21	$2,083,000	$124,980	$26,990	21.045%	$5,680	$5,680	+1.75%
2019/20	$2,024,000	$121,440	$26,374	21.167%	$5,583	$5,583	+5.66%
2018/19	$1,862,000	$111,720	$25,258	20.919%	$5,284	$5,284	+8.65%
2017/18	$1,256,000	$75,360	$23,856	20.385%	$4,863	$4,863	+8.07%
2016/17	$1,112,000	$66,720	$22,510	19.991%	$4,500	$4,500	+2.32%

Permits

Permit information for 877 Park Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
12/12/2001	Alteration type 1

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	11/27/2002	B
	11/27/2002	C
	10/03/2002	C

*Most recent HPD violations on record for this property.

Neighborhood

Crown Heights North residential market stats

Access a detailed real estate market overview of Crown Heights North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Crown Heights North and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Eastern Pkwy at SE Corner

Station lines

Distance (miles)

0.281

View subway map

Access the detailed traffic volume map for 877 Park Place, Brooklyn, NY 11216 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 138	6	Yes	Public	PK, K-8	414	0.15
P.S. 138	6	Yes	Public	PK, K-8	414	0.15
Hebron Seventh-Day Aventist Bilingual	NR	No	Private	PK-8	52	0.11
Hebron Seventh-Day Aventist Bilingual	NR	No	Private	PK-8	52	0.11
Success Academy Charter School-Prospect Heights	9	No	Charter	K-5	275	0.14
Success Academy Prospect Heights	NR	No	Charter	K-3	0	0.15
Rainbow Campus	NR	No	Private	K-6	29	0.17
Carmel Christian School	NR	No	Private	PK, K-8	0	0.25
Carmel Christian School	NR	No	Private	PK, K-8	0	0.25

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The School Of Integrated Learning	7	Yes	Public	6-8	199	0.60
Hebron Seventh-Day Aventist Bilingual	NR	No	Private	PK-8	52	0.11
P.S. 138	6	No	Public	PK, K-8	414	0.15
Carmel Christian School	NR	No	Private	PK, K-8	0	0.25
Carmel Christian School	NR	No	Private	K-9	51	0.26
German School Brooklyn	NR	No	Private	PK, K-8	195	0.27
Educational Institute Onolei	NR	No	Private	PK, K-12	0	0.28
Restoration Academy	3	No	Public	6-8	94	0.39

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Educational Institute Onolei	NR	No	Private	PK, K-12	0	0.28
Educational Institute Oholei Torah-Oholei Menachem	NR	No	Private	K-12	1,500	0.28
Aspirations Diploma Plus High School	NR	No	Public	9-12	199	0.44
Uncommon New York City Charter #1	NR	No	Charter		0	0.44
W E B Dubois Academic High School	NR	No	Public	9-12	114	0.45
Medgar Evers College Preparatory School	7	No	Public	6-12	1,351	0.48
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL	NR	No	Public	9-12	143	0.50
Pathways Tech Early College High School	NR	No	Public	9-12	520	0.51
Academy for Health Careers	2	No	Public	9-12	231	0.51
Beth Rivka High School	NR	No	Private	9-12	504	0.53

Frequently asked questions

What is the year built for 877 Park Place, Brooklyn, NY 11216?

The development at 877 Park Place, Brooklyn, NY 11216 was built in 1915.

What is the total square footage of 877 Park Place, Brooklyn, NY 11216?

877 Park Place, Brooklyn, NY 11216 has a total of 3,744 square feet.

When was 877 Park Place, Brooklyn, NY 11216 last sold and what was the sale price?

877 Park Place, Brooklyn, NY 11216 was last sold on 04/10/2003 for $465,000.

What is the assessed value of 877 Park Place, Brooklyn, NY 11216?

877 Park Place, Brooklyn, NY 11216 is currently assessed at $101,880.

What are the property taxes for 877 Park Place, Brooklyn, NY 11216?

The property taxes for 877 Park Place, Brooklyn, NY 11216 total $6,431.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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.