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873 Park Place, Brooklyn, NY 11216 Property Information

873 Park Place, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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873 Park Place, Brooklyn, NY 11216 1
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Address

Primary address 873 Park Place
Neighborhood Crown Heights
Zip code 11216
Borough Brooklyn
Block & lot 01234-0062

Sales & Tax Overview for 873 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 02/21/2003
Purchase price $462,400
Tax class
Estimated property tax $11,459

Lot & Building Information for 873 Park Place, Brooklyn

Lot sq. ft. 2,070
Lot dimensions 18 ft x 115 ft
Property type Three Families (C0)
Building sqft 3,320
Building dimensions 18 ft x 45 ft
Buildings on lot 1
Stories 3
Structure type Brownstone
Building material Stone
Exterior wall Brick/masonry
Basement type Full
Year built 1900
Year last altered 2003
Frontage(s) Park Place (narrow)
Nearest wide street Nostrand Avenue
Distance to wide street
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Zoning & Use for 873 Park Place, Brooklyn

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.60 Miles
Closest fire station 0.67 Miles

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

Other Property Data for 873 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 873 Park Place, Brooklyn, NY 11216, 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 873 Park Place, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 873 Park Place, Brooklyn

What is the year built & the total sq. ft. for 873 Park Place, Brooklyn, NY 11216?

873 Park Place, Brooklyn, NY 11216 was built in 1900 and has a total of 3,320 square feet.

What is the assessed value of 873 Park Place, Brooklyn, NY 11216 and the property tax paid?

Assessed at $112,140, the tax amount paid for 873 Park Place, Brooklyn, NY 11216 is $10,958. For the next year, the tax amount for 873 Park Place, Brooklyn, NY 11216 is estimated at $11,459.

When was 873 Park Place, Brooklyn, NY 11216 last sold and what was the last sale price?

873 Park Place, Brooklyn, NY 11216 was last sold in 02/21/2003 for $462,400.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 873 Park Place, Brooklyn

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Property owner name for 873 Park Place, Brooklyn, NY 11216
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Building contacts for 873 Park Place, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 873 Park Place, Brooklyn

Create a free account to view the complete sales history for 873 Park Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/21/2003 $462,400

Title Documents for 873 Park Place, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/27/2022 - D
06/09/2022 - R
Satisfaction of Mortgage
(2022060200385001)
11/22/2021 - D
12/20/2021 - R
Mortgage
(2021120801840001)
04/28/2021 - D
05/05/2021 - R
Landmark Designation
(2021042801006001)
07/21/2017 - D
08/11/2017 - R
Agreement
(2017081001180001)
07/21/2017 - D
07/26/2017 - R
Agreement
(2017072500330002)
07/21/2017 - D
07/26/2017 - R
Mortgage
(2017072500330001)
05/04/2017 - D
08/11/2017 - R
Assignment, Mortgage
(2017081001180002)
04/17/2017 - D
04/21/2017 - R
Assignment, Mortgage
(2017042000931001)
12/31/2009 - D
01/20/2010 - R
Satisfaction of Mortgage
(2010010401476001)
12/09/2009 - D
01/08/2010 - R
Agreement
(2010010400504003)
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R: Recorded date
D: Document date

Property Taxes for 873 Park Place, Brooklyn

Access detailed property tax data for 873 Park Place, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $10,958
Estimated property tax: $11,459
Tax assessor's market value: $1,869,000
Assessed value: $112,140

Assessment History for 873 Park Place, Brooklyn

Here's the assessment & property tax history for 873 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 $1,869,000 $112,140 $55,224 19.843% $10,958 $10,958 +4.72%
2024/25 $1,751,000 $105,060 $52,099 20.085% $10,464 $10,464 +2.13%
2023/24 $2,047,000 $122,820 $51,012 20.085% $10,246 $10,246 +4.83%
2022/23 $1,686,000 $101,160 $48,125 20.309% $9,774 $9,774 +4.87%
2021/22 $1,513,000 $90,780 $46,685 19.963% $9,607 $9,320 -0.73%

Permits for 873 Park Place, Brooklyn

The complete history of permits filed for 873 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
06/01/1999 Alteration type 1
10/05/1998 Alteration type 1
08/13/1997 Alteration type 1
         
         
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Crown Heights Residential Market Stats

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

Median Sale Price
$990,000
12.5% YoY
Median Price/Sqft
$964
34.6% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Eastern Pkwy at SE Corner
Station lines 3
Distance (miles) 0.28
View subway map
Bus Routes
Name New York Av/Sterling Pl
Line B44
Distance (miles) 0.093

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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 0.12
Hebron Seventh-Day Aventist Bilingual NR No Private PK-8 52 0.12
Success Academy Charter School-Prospect Heights 9 No Charter K-5 275 0.14

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
The School Of Integrated Learning 7 Yes Public 6-8 199 0.61
Hebron Seventh-Day Aventist Bilingual NR No Private PK-8 52 0.12
P.S. 138 6 No Public PK, K-8 414 0.15
Carmel Christian School NR No Private PK, K-8 0 0.24
Carmel Christian School NR No Private K-9 51 0.26

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Educational Institute Onolei NR No Private PK, K-12 0 0.29
Educational Institute Oholei Torah-Oholei Menachem NR No Private K-12 1,500 0.29
Aspirations Diploma Plus High School NR No Public 9-12 199 0.43
W E B Dubois Academic High School NR No Public 9-12 114 0.45
Uncommon New York City Charter #1 NR No Charter 0 0.45

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 873 Park Place, Brooklyn

Here are the neighbors for 873 Park Place, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
865 Park Pl, Brooklyn 3,740
851 Park Pl, Brooklyn 5,477 10/23/2023
891 Park Pl, Brooklyn 3,940 05/26/1999
849 Park Pl, Brooklyn 4,410 11/08/2022 $20,000
875 Park Pl, Brooklyn 3,796 11/08/2022 $20,000
845 Park Pl, Brooklyn 3,592 01/29/2021
897 Park Pl, Brooklyn 7,292 09/09/2019
857 Park Pl, Brooklyn 3,695 04/04/2017 $2,500,000
879 Park Pl, Brooklyn 3,616 03/06/2026
883 Park Pl, Brooklyn 4,668 03/21/2013
895 Park Pl, Brooklyn 4,952 09/12/2017 $275,000
867 Park Pl, Brooklyn 3,573 02/14/2012 $425,000
861 Park Pl, Brooklyn 4,200 02/02/2007
877 Park Pl, Brooklyn 3,744 04/10/2003 $465,000
881 Park Pl, Brooklyn 3,520 09/09/2021 $2,085,000
887 Park Pl, Brooklyn 3,840 03/18/2004
871 Park Pl, Brooklyn 6,880 06/07/2018 $5,300,000
855 Park Pl, Brooklyn 2,869 12/29/1993
847 Park Pl, Brooklyn 3,960 03/14/2024 $500,000
889 Park Pl, Brooklyn 3,792 12/19/2003 $187,500
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