New York City  »  11216  »  Park Pl  »  874 Park Pl

874 Park Place, Brooklyn, NY 11216 - Property report

Also known as: 874 Park Pl

Property image for 874 Park Place, Brooklyn, NY 11216
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Property type

Miscellaneous Two Family (B9)

Year built

1899

Lot sq. ft.

2,576

Sale price

$3,500,000

General information

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Address
Primary address
874 Park Place
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01241-0022

Owner

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Building
Property type
Miscellaneous Two Family (B9)
Building sq. ft.
4,166
Building dimensions
19 ft x 47 ft
Buildings on lot
1
Stories
3
Year built
1899
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
04/20/2026
Sale price
$3,500,000
Tax
Tax year
2026-2027
Property tax
$6,322
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Park Place (narrow)
Nearest wide street
Nostrand Avenue
Distance to wide street
Lot dimensions
19 ft x 135.58 ft
Lot sq. ft.
2,576

Area overview

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

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Ownership information for 874 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 874 Park Place, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
04/20/2026 $3,500,000 XXXXXX, XXXXX XXX XXXXXX, XXXXXX XXX XXX XXXX XXX
05/31/2024 $1,800,000 XXX XXX XXXX XXX XXXXXXXX, XXXXXXX XXX XXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/06/2026 - R
04/20/2026 - D
Mortgage
(2026042900950003)
XXXXXX XXXXX XX XXXX
05/06/2026 - R
04/20/2026 - D
Deed
(2026042900950002)
XXX XXX XXXX XXX XXXXXX XXXXX
05/06/2026 - R
03/16/2026 - D
Power of Attorney
(2026042900950001)
XXXXXX XXXXXX XXXXXX XXXXX
07/03/2024 - R
06/12/2024 - D
Satisfaction of Mortgage
(2024062800720001)
XXXXXXXXX XXXXXXX XXXXXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
06/21/2024 - R
05/31/2024 - D
Mortgage
(2024061500035002)
XXX XXX XXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/21/2024 - R
05/31/2024 - D
Deed
(2024061500035001)
XXXXXXXX XXXXXXX XXX XXX XXXX XXX
05/05/2021 - R
04/28/2021 - D
Landmark Designation
(2021042801006001)
XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
03/05/2019 - R
02/22/2019 - D
Assignment, Mortgage
(2019030401047001)
XXXX XXXXXX XXXXXXXXXXX XXX XXXXXX XXX XXXXXXXX XX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXX
10/04/2017 - R
09/25/2017 - D
Deed
(2017100301360001)
XXXXXXX XXXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXXXXXX
03/12/2008 - R
02/11/2008 - D
Deed
(2008031100468001)
XXXXXXX XXXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 874 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
$6,322
Municipal exemptions
Recent tax assessments
Market value
$3,291,000
Assessed value
$197,460

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 $2,503,000 $150,180 $31,852 19.843% $6,320 $6,320 -0.31%
2024/25 $2,393,000 $143,580 $31,565 20.085% $6,340 $6,340 +5.89%
2023/24 $2,936,000 $176,160 $29,809 20.085% $5,987 $5,987 +4.82%
2022/23 $2,902,000 $174,120 $28,124 20.309% $5,712 $5,712 +7.77%
2021/22 $2,631,000 $157,860 $26,548 19.963% $5,300 $5,300 -5.12%
2020/21 $2,828,000 $169,680 $26,543 21.045% $5,586 $5,586 +0.33%
2019/20 $2,436,000 $146,160 $26,304 21.167% $5,568 $5,568 +7.14%
2018/19 $2,151,000 $129,060 $24,841 20.919% $5,196 $5,196 +8.77%
2017/18 $1,486,000 $89,160 $23,437 20.385% $4,778 $4,778 +8.03%
2016/17 $1,101,000 $66,060 $22,123 19.991% $4,423 $4,423 +2.25%

Permit information for 874 Park Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/06/2025 Alteration
01/17/2025 Alteration
01/17/2025 Alteration
09/04/2024 Alteration
09/04/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
12/04/2024 I

*Most recent HPD violation on record for this property.

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

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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
Nostrand Ave & Eastern Pkwy at SE Corner
Station lines
3
Distance (miles)
0.245

Access the detailed traffic volume map for 874 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 0.16
P.S. 138 6 Yes Public PK, K-8 414 0.16
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
Rainbow Campus NR No Private K-6 29 0.13
Success Academy Charter School-Prospect Heights 9 No Charter K-5 275 0.15
Success Academy Prospect Heights NR No Charter K-3 0 0.15
Carmel Christian School NR No Private PK, K-8 0 0.23
Carmel Christian School NR No Private PK, K-8 0 0.23
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 0.16
Carmel Christian School NR No Private PK, K-8 0 0.23
Carmel Christian School NR No Private K-9 51 0.25
German School Brooklyn NR No Private PK, K-8 195 0.25
Educational Institute Onolei NR No Private PK, K-12 0 0.26
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 0.26
Educational Institute Oholei Torah-Oholei Menachem NR No Private K-12 1,500 0.26
Aspirations Diploma Plus High School NR No Public 9-12 199 0.41
W E B Dubois Academic High School NR No Public 9-12 114 0.42
Medgar Evers College Preparatory School 7 No Public 6-12 1,351 0.44
Uncommon New York City Charter #1 NR No Charter 0 0.47
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL NR No Public 9-12 143 0.48
Associated Beth Rivkah Schools NR No Private PK-12 0 0.49
Beth Rivka High School NR No Private 9-12 504 0.49
Pathways Tech Early College High School NR No Public 9-12 520 0.53

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 874 Park Place, Brooklyn, NY 11216?

The development at 874 Park Place, Brooklyn, NY 11216 was built in 1899.

What is the total square footage of 874 Park Place, Brooklyn, NY 11216?

874 Park Place, Brooklyn, NY 11216 has a total of 4,166 square feet.

When was 874 Park Place, Brooklyn, NY 11216 last sold and what was the sale price?

874 Park Place, Brooklyn, NY 11216 was last sold on 04/20/2026 for $3,500,000.

What is the assessed value of 874 Park Place, Brooklyn, NY 11216?

874 Park Place, Brooklyn, NY 11216 is currently assessed at $197,460.

What are the property taxes for 874 Park Place, Brooklyn, NY 11216?

The property taxes for 874 Park Place, Brooklyn, NY 11216 total $6,321.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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.

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