# 517 Park Place, Brooklyn

Four-family · built c. 1931 · Block 1162, Lot 61.

On Umarelli: https://umarelli.org/nyc/3011620061/517-park-place

More construction in Crown Heights: https://umarelli.org/nyc/brooklyn/crown-heights.md

Every lot on block 1162: https://umarelli.org/nyc/brooklyn/1162.md

## Building permits

- Alteration, filed Jan 10, 2024, estimated cost $365K, described as “Interior renovation to existing 4 story residential building. No change to use, egress. 4 dwelling units to remain”

## Property taxes

- Assessment: $693,000
- 2026–27 tax: $14,205
- Market value (city estimate): $1,540,000
- Taxable value: $114,200
- Assessed land: $116,550
- Assessed improvements: $576,450

## Zoning

R6B: floor area ratio 1.85 built, 2.00 allowed by base zoning.

## Recent sales

- Aug 30, 2023: $2,200,000

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

## Flood zone

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

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