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988 Park Place, Brooklyn, NY 11213 Property Information

988 Park Place, Brooklyn, NY 11213 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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988 Park Place, Brooklyn, NY 11213 3
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Address

Primary address 988 Park Place
Secondary address 198 Brooklyn Ave
Neighborhood Crown Heights
Zip code 11213
Borough Brooklyn
Block & lot 01242-0043

Sales & Tax Overview for 988 Park Place, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $16,411

Lot & Building Information for 988 Park Place, Brooklyn

Lot sq. ft. 2,398
Lot dimensions 22 ft x 109 ft
Property type Primarily Three Family with One Store or Office (S3)
Building sqft 4,620
Building dimensions 22 ft x 50 ft
Buildings on lot 2
Stories 3
Year built 1931
Construction type
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Zoning & Use for 988 Park Place, Brooklyn

Zoning
Residential units (DOF) 3
Commercial units 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.56 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 988 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 988 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 988 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.

  • 198 Brooklyn Ave, Brooklyn, NY 11213
  • 198 Rear Brooklyn Ave, Brooklyn, NY 11213
  • 200 Brooklyn Ave, Brooklyn, NY 11213

About 988 Park Place, Brooklyn

How many square feet does 988 Park Place, Brooklyn, NY 11213 have?

This Primarily Three Family with One Store or Office (S3) located at 988 Park Place, Brooklyn, NY 11213 has a total of 4,620 square feet.

What is the year built & the current market value of 988 Park Place, Brooklyn, NY 11213?

988 Park Place, Brooklyn, NY 11213 was built in 1931 and has a current tax assessor's market value of $778,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 988 Park Place, Brooklyn

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Property owner name for 988 Park Place, Brooklyn, NY 11213
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Building contacts for 988 Park Place, Brooklyn, NY 11213
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 988 Park Place, Brooklyn

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No recorded sales for this property.

Title Documents for 988 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
04/28/2021 - D
05/05/2021 - R
Landmark Designation
(2021042801006001)
03/06/2018 - D
03/12/2018 - R
Satisfaction of Mortgage
(2018030900226001)
04/01/2014 - D
04/17/2014 - R
Deed
(2014040400823001)
07/02/2007 - D
07/11/2007 - R
Mortgage
(2007070301449001)
04/24/2002 - R Satisfaction of Mortgage
(3460008383446)
05/09/1990 - R Mortgage
(3300001537330)
01/25/1990 - R Satisfaction of Mortgage
(3500001513650)
08/10/1966 - R Deed
(36630021500316)
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R: Recorded date
D: Document date

Property Taxes for 988 Park Place, Brooklyn

Access detailed property tax data for 988 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: $15,887
Estimated property tax: $16,411
Tax assessor's market value: $778,000
Assessed value: $350,100

Assessment History for 988 Park Place, Brooklyn

Here's the assessment & property tax history for 988 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 $778,000 $350,100 $127,717 12.439% $15,887 $15,887 +7.43%
2024/25 $648,000 $291,600 $118,304 12.5% $14,788 $14,788 +7.94%
2023/24 $810,000 $364,500 $109,582 12.502% $13,700 $13,700 +10.04%
2022/23 $946,000 $425,700 $101,488 12.267% $12,450 $12,450 +0.26%
2021/22 $757,000 $340,650 $101,488 12.235% $12,417 $12,417 +3.03%

Permits for 988 Park Place, Brooklyn

The complete history of permits filed for 988 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.

No recorded permits for this property.

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
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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) 0.277
View subway map
Bus Routes
Name Brooklyn Av/Park Pl
Line B43
Distance (miles) 0.007

Neighbors for 988 Park Place, Brooklyn

Here are the neighbors for 988 Park Place, Brooklyn, NY 11213.

Address Square feet Purchase date Purchase price
218 Brooklyn Ave, Brooklyn 2,448 08/23/2006
222 Brooklyn Ave, Brooklyn 3,715 10/17/2023 $500,000
1003 Sterling Pl, Brooklyn 3,021 12/20/2017 $1,600,000
986 Park Pl, Brooklyn 3,708 04/02/2012 $600,000
984 Park Pl, Brooklyn 3,588 02/13/2017 $1,978,125
982 Park Pl, Brooklyn 3,588 08/22/2013
1009 Sterling Pl, Brooklyn 2,917 04/03/2026
210 Brooklyn Ave, Brooklyn 3,748 05/07/2003
974 Park Pl, Brooklyn 4,080 10/08/2015 $1,650,000
972 Park Pl, Brooklyn 3,680 04/04/2022 $1,300,000
980 Park Pl, Brooklyn 3,588 05/23/1995
976 Park Pl, Brooklyn 4,555 03/03/1966
1005 Sterling Pl, Brooklyn 3,021 06/08/1994
1001 Sterling Pl, Brooklyn 3,021 04/18/2019
978 Park Pl, Brooklyn 4,555 02/06/1998
968 Park Pl, Brooklyn 3,680 08/05/2000
1007 Sterling Pl, Brooklyn 3,021 04/17/1998
214 Brooklyn Ave, Brooklyn 2,430 09/06/1985
220 Brooklyn Ave, Brooklyn 2,856 04/26/2022
970 Park Pl, Brooklyn 4,000 05/31/2019
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