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985 Park Place, Brooklyn, NY 11213 Property Information

Also known as: 981 Park Pl, Brooklyn, NY 11213

985 Park Place, Brooklyn, NY 11213 Property Information

Also known as: 981 Park Pl, Brooklyn, NY 11213

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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985 Park Place, Brooklyn, NY 11213 1
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Address

Primary address 985 Park Place
Secondary address 194-196 Brooklyn Ave
Neighborhood Crown Heights
Zip code 11213
Borough Brooklyn
Block & lot 01235-0050

Sales & Tax Overview for 985 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 06/30/2017
Purchase price $4,726,360
Tax class

Lot & Building Information for 985 Park Place, Brooklyn

Lot sqft 5,875
Lot dimensions 47.2 ft x 125 ft
Building class Elevator Apartment - Semi-fireproof without Stores (D1)
Building sqft 27,126
Building dimensions 42.58 ft x 115 ft
Buildings on lot 1
Stories 6
Year built 1905
Year last altered 2017
Construction type
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Zoning & Use for 985 Park Place, Brooklyn

Zoning
Residential units (DOF) 26
Regulated units
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 0.52 Miles

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

Other Property Data for 985 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 985 Park Place, Brooklyn, NY 11213, 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 985 Park Place, Brooklyn, NY 11213, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 194-196 Brooklyn Ave, Brooklyn, NY 11213
  • 981-995 Park Pl, Brooklyn, NY 11213

About 985 Park Place, Brooklyn

What is the year built & the total sq. ft. for 985 Park Place, Brooklyn, NY 11213?

985 Park Place, Brooklyn, NY 11213 was built in 1905 and has a total of 27,126 square feet.

What is the assessed value of 985 Park Place, Brooklyn, NY 11213?

The assessed market value for the current tax year is $800,100.

When was 985 Park Place, Brooklyn, NY 11213 last sold and what was the last sale price?

985 Park Place, Brooklyn, NY 11213 was last sold in 06/30/2017 for $4,726,360.

How many residential units does this building have?

This building has 26 residential unit(s).

Ownership Information for 985 Park Place, Brooklyn

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Property owner name for 985 Park Place, Brooklyn, NY 11213
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Building contacts for 985 Park Place, Brooklyn, NY 11213
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 985 Park Place, Brooklyn

Create a free account to view the complete sales history for 985 Park Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/30/2017 $4,726,360

Title Documents for 985 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
09/26/2023 - D
12/21/2023 - R
Agreement
(2023121900796001)
07/01/2022 - D
07/22/2022 - R
Agreement
(2022071200653007)
07/01/2022 - D
07/22/2022 - R
Agreement
(2022071200653006)
07/01/2022 - D
07/22/2022 - R
Subordination of Mortgage
(2022071200653005)
07/01/2022 - D
07/22/2022 - R
Subordination of Mortgage
(2022071200653004)
07/01/2022 - D
07/22/2022 - R
Subordination of Mortgage
(2022071200653003)
07/01/2022 - D
07/22/2022 - R
Agreement
(2022071200653002)
07/01/2022 - D
07/22/2022 - R
Mortgage
(2022071200653001)
04/28/2021 - D
05/05/2021 - R
Landmark Designation
(2021042801006001)
07/27/2017 - R Initial UCC1
(2017071300396076)
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R: Recorded date
D: Document date

Property Taxes for 985 Park Place, Brooklyn

Access detailed property tax data for 985 Park Place, Brooklyn, NY 11213. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $1,778,000
Assessed value: $800,100
Exemptions granted by city:

Assessment History for 985 Park Place, Brooklyn

Here's the assessment & property tax history for 985 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 $1,778,000 $800,100 $0 12.439% $99,524 $0 n/a
2024/25 $1,557,000 $700,650 $0 12.5% $87,581 $0 n/a
2023/24 $1,728,000 $777,600 $0 12.502% $97,216 $0 n/a
2022/23 $1,634,000 $735,300 $0 12.267% $90,199 $0 n/a
2021/22 $3,629,000 $1,633,050 $0 12.235% $169,280 $0 n/a

Permits for 985 Park Place, Brooklyn

The complete history of permits filed for 985 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
03/03/2021 Alteration type 2
09/09/2020 Alteration
02/03/2020 Alteration
09/10/2018 Alteration
09/08/2017 Alteration type 3
03/27/2017 Alteration type 2
03/27/2017 Alteration type 2
01/05/2015 Alteration type 3
09/14/2010 Alteration type 3
07/17/2009 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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 Kingston Ave & Eastern Pkwy at SW Corner
Station lines 3
Distance (miles) 0.306
View subway map
Bus Routes
Name Brooklyn Av/Park Pl
Line B43
Distance (miles) 0.037

Neighbors for 985 Park Place, Brooklyn

Here are the neighbors for 985 Park Place, Brooklyn, NY 11213.

Address Square feet Purchase date Purchase price
945 Park Pl, Brooklyn 10,600 08/23/2022 $4,000,000
920 Prospect Pl, Brooklyn 9,000 12/13/2012
979 Park Pl, Brooklyn 3,300 10/24/2007 $875,500
916 Prospect Pl, Brooklyn 9,000 05/24/2023
192 Brooklyn Ave, Brooklyn 3,750 12/08/1998
186 Brooklyn Ave, Brooklyn 3,640 10/24/2023
959 Park Pl, Brooklyn 45,462 05/10/1996
941 Park Pl, Brooklyn 10,600 02/10/2016 $148,592
946 Prospect Pl, Brooklyn 4,368 07/01/2015
940 Prospect Pl, Brooklyn 19,500 06/06/2013
922 Prospect Pl, Brooklyn 9,000 07/18/2014 $2,625,000
963 Park Pl, Brooklyn 12,302 12/03/1971
953 Park Pl, Brooklyn 10,600 05/13/2013
937 Park Pl, Brooklyn 10,600 08/30/2005 $800,000
221 Kingston Ave, Brooklyn 35,388 05/06/1969
930 Prospect Pl, Brooklyn 19,500 06/06/2013
975 Park Pl, Brooklyn 5,500 07/26/2016
949 Park Pl, Brooklyn 10,600 02/20/2025 $975,000
178-184 Brooklyn Ave, Brooklyn 15,700
926 Prospect Pl, Brooklyn 9,500 04/03/2015 $743,589
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