# 205 Park Place, Brooklyn

Co-op · 16 units · built c. 1901 · Block 1158, Lot 69.

On Umarelli: https://umarelli.org/nyc/3011580069/205-park-place

More construction in Prospect Heights: https://umarelli.org/nyc/brooklyn/prospect-heights.md

Every lot on block 1158: https://umarelli.org/nyc/brooklyn/1158.md

## Building permits

- Alteration, filed Jun 1, 2025, estimated cost $49K, described as “Replacement or reinforcement of roughly 300 SF of the deteriorated wood floor joist on the second and third floors, as per plans or EIC recommendations.The interior demolition and renovation of the impacted area will be filed under a…”
- Alteration, filed May 14, 2025, estimated cost $40K, described as “Renovation of existing apartment; no change in egress or use”
- Alteration, filed Aug 9, 2024, estimated cost $74K, described as “Minor interior renovation of existing residential unit including the removal of non-load bearing partitions along w/ installation of new non-load bearing partitions, floor & wall finishes throughout apartment as indicated on the drawings.”
- Alteration, filed Feb 3, 2023, estimated cost $150K, described as “Interior non-structural renovation of existing kitchen and two existing bathrooms w/ associated general construction, plumbing, and electrical work”
- Alteration, filed Sep 10, 2020, estimated cost $21K, described as “Plumbing work filed in conjunction with combination of apts 7 & 8 on the 2ND floor. General construction filed under separate application.”

## Property taxes

- Assessment: $837,900
- 2026–27 tax: $79,564
- Market value (city estimate): $1,862,000
- Taxable value: $800,666
- Assessed land: $22,950
- Assessed improvements: $814,950

## Tax breaks

- Co-op and condo abatement, with no end date, a $20,221 credit this tax year.

## Zoning

R6B: floor area ratio 2.53 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- May 22, 2025: $851,000
- Jul 12, 2023: $850,000
- Nov 19, 2018: $660,000
- Jan 25, 2018: $635,000
- Jan 25, 2018: $667,500
- Jun 21, 2017: $660,000
- Jul 11, 2016: $640,000
- May 17, 2016: $640,000
- Feb 16, 2016: $1,430,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Landmarks

Part of Prospect Heights Historic District (Historic District). 9 Landmarks Preservation Commission permits are on file.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology