New York City » 11216 » Park Pl » 700 Park Pl

700 Park Place, Brooklyn, NY 11216 - Property report

Also known as: 700 Park Pl

Property image for 700 Park Place, Brooklyn, NY 11216

Property type

Miscellaneous Two Family (B9)

Year built

1901

Lot sq. ft.

2,587

Sale price

$3,375,000

General information

Address

Primary address

700 Park Place

ZIP code

11216

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01238-0034

Building

Property type

Miscellaneous Two Family (B9)

Building sq. ft.

3,663

Building dimensions

19.75 ft x 55 ft

Buildings on lot

Stories

Year built

1901

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

11/28/2023

Sale price

$3,375,000

Tax

Tax year

2026-2027

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

Bedford Avenue

Distance to wide street

Lot dimensions

19.75 ft x 131 ft

Lot sq. ft.

2,587

Area overview

Walk score

90 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.68 Miles

Closest fire station

0.35 Miles

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

Ownership

Ownership information for 700 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 700 Park Place, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
11/28/2023	$3,375,000	XXXXXX, XXXXXXXX XXX XXXXXX, XXX	XXXX XXXXXXXX XXX
02/07/2023	$1,500,000	XXXX XXXXXXXX XXX	XXXXXXXXX, XXXXXXXX, XXXXX XXX XXXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/14/2023 - R 11/28/2023 - D	Mortgage (2023120500668002)	XXXXXX XXXXXXXX	XXXXX XXXXX XXXX X X
12/14/2023 - R 11/28/2023 - D	Deed (2023120500668001)	XXXX XXXXXXXX XXX	XXXXXX XXXXXXXX
02/21/2023 - R 02/13/2023 - D	Satisfaction of Mortgage (2023022100142001)	XXXXXXXXX XXXXX	XXXXXXXX XXXXX XXXX X X
02/23/2023 - R 02/07/2023 - D	Deed (2023022100250001)	XXXXXXXXX XXXXXXXX XXXXX	XXXX XXXXXXXX XXX
03/16/2020 - R 03/06/2020 - D	Deed (2020030600498001)	XXXXXXXXX XXXXX	XXXXXXXXX XXXXX
08/30/2010 - R 07/22/2010 - D	Agreement (2010081000830002)	XXXXXXXXX XXXXX	XXXXXXXX XXXXX XXXX XX
08/30/2010 - R 07/22/2010 - D	Mortgage (2010081000830001)	XXXXXXXXX XXXXX	XXXXXXXX XXXXX XXXX XX
05/29/2008 - R 04/25/2008 - D	Mortgage (2008050700794001)	XXXXXXXXX XXXXX	XXXXXXXX XXXXX XXXX XX
02/13/2008 - R 02/08/2008 - D	Deed (2008013001549001)	XXXXXXXXX XXXXX	XXXXXXXXX XXXXX
02/08/2006 - R 01/05/2006 - D	Deed (2006010502044001)	XXXXXXXXX XXXXX	XXXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 700 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

Municipal exemptions

Recent tax assessments

Market value

$2,254,000

Assessed value

$135,240

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	$2,588,000	$155,280	$20,044	19.843%	$3,977	$3,977	+4.72%
2024/25	$2,474,000	$148,440	$18,910	20.085%	$3,798	$3,798	0.00%
2023/24	$2,265,000	$135,900	$18,910	20.085%	$3,798	$3,798	-0.34%
2022/23	$2,283,000	$136,980	$18,766	20.309%	$3,811	$3,811	+7.84%
2021/22	$1,763,000	$105,780	$17,705	19.963%	$3,534	$3,534	+0.54%
2020/21	$2,060,000	$123,600	$16,703	21.045%	$3,515	$3,515	+110.77%
2019/20	$1,867,000	$112,020	$7,879	21.167%	$3,335	$1,668	+1.19%
2018/19	$2,360,000	$141,600	$7,879	20.919%	$3,296	$1,648	-48.30%
2017/18	$1,496,000	$89,760	$15,638	20.385%	$3,188	$3,188	+298.95%
2016/17	$1,199,000	$71,940	$3,997	19.991%	$2,949	$799	+16.12%

Permits

Permit information for 700 Park Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/16/2025	Alteration
10/08/2025	Alteration
03/11/2024	Alteration
11/01/2023	Alteration
10/07/2023	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations 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

Franklin Ave & Park Pl at NW Corner

Station lines

Distance (miles)

0.181

View subway map

Access the detailed traffic volume map for 700 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. 316 Elijah Stroud	8	Yes	Public	PK, K-5	550	0.38
P.S. 316 Elijah Stroud	8	Yes	Public	PK, K-5	550	0.38
Friends of Crown Heights #2	NR	No	Private	K	0	0.08
German School Brooklyn	NR	No	Private	PK, K-8	195	0.10
German School Brooklyn	NR	No	Private	PK, K-8	195	0.10
Carmel Christian School	NR	No	Private	K-9	51	0.11
Carmel Christian School	NR	No	Private	PK, K-8	0	0.12
P.S. 138	6	No	Public	PK, K-8	414	0.18
P.S. 138	6	No	Public	PK, K-8	414	0.18
Success Academy Prospect Heights	NR	No	Charter	K-3	0	0.18

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Elijah Stroud Middle School	5	Yes	Public	6-8	121	0.38
German School Brooklyn	NR	No	Private	PK, K-8	195	0.10
Carmel Christian School	NR	No	Private	K-9	51	0.11
Carmel Christian School	NR	No	Private	PK, K-8	0	0.12
P.S. 138	6	No	Public	PK, K-8	414	0.18
Epiphany Lutheran School	NR	No	Private	PK, K-8	167	0.21
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.28
Explore Exceed Charter School	6	No	Charter	K-8	429	0.37
Medgar Evers College Preparatory School	7	No	Public	6-12	1,351	0.49

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Aspirations Diploma Plus High School	NR	No	Public	9-12	199	0.26
W E B Dubois Academic High School	NR	No	Public	9-12	114	0.28
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL	NR	No	Public	9-12	143	0.31
Brooklyn School For Music And Theater	4	No	Public	9-12	223	0.43
High School For Global Citizenship	4	No	Public	9-12	221	0.43
International High School at Prospect Heights	1	No	Public	9-12	272	0.43
Brooklyn Academy of Science and the Environment	3	No	Public	9-12	265	0.43
Clara Barton High School	2	No	Public	9-12	1,178	0.48
Medgar Evers College Preparatory School	7	No	Public	6-12	1,351	0.49
Acorn Community High School	NR	No	Public	9-12	107	0.51

Frequently asked questions

What is the year built for 700 Park Place, Brooklyn, NY 11216?

The development at 700 Park Place, Brooklyn, NY 11216 was built in 1901.

What is the total square footage of 700 Park Place, Brooklyn, NY 11216?

700 Park Place, Brooklyn, NY 11216 has a total of 3,663 square feet.

When was 700 Park Place, Brooklyn, NY 11216 last sold and what was the sale price?

700 Park Place, Brooklyn, NY 11216 was last sold on 11/28/2023 for $3,375,000.

What is the assessed value of 700 Park Place, Brooklyn, NY 11216?

700 Park Place, Brooklyn, NY 11216 is currently assessed at $135,240.

What are the property taxes for 700 Park Place, Brooklyn, NY 11216?

The property taxes for 700 Park Place, Brooklyn, NY 11216 total $4,215.

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.