505 Park Place, Brooklyn

Four-family · built c. 1931 · Block 1162, Lot 67.

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Building permits

No building permits on file for this lot.

Property taxes

Assessment
$722,700
2026–27 tax
$6,963
Market value (city estimate)
$1,606,000
Taxable value
$54,587
Assessed land
$116,550
Assessed improvements
$606,150

Zoning

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

Flood zone

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

More construction in Crown Heights

Every lot on block 1162

Umarelli: construction in New York City and Jersey City