# 387 Park Place, Brooklyn

Co-op · 2 units · built c. 1893 · Block 1160, Lot 66.

On Umarelli: https://umarelli.org/nyc/3011600066/387-park-place

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

Every lot on block 1160: https://umarelli.org/nyc/brooklyn/1160.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $737,550
- 2026–27 tax: $11,108
- Market value (city estimate): $1,639,000
- Taxable value: $115,228
- Assessed land: $5,850
- Assessed improvements: $731,700

## Tax breaks

- Co-op and condo abatement, with no end date, a $3,225 credit this tax year.

## Zoning

R6B: floor area ratio 1.40 built, 2.00 allowed by base zoning.

## Recent sales

- Feb 27, 2017: $1,460,000

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).

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