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701 Park Place

701 Park Place, Brooklyn, NY 11216
Property in Crown Heights
2 Units
701 Park Place in Brooklyn, NY was first built in 1901 and is 123 years old. There are a total of 2 floors. The linear feet across the front of the lot is 19 ft and the linear feet between the front and back of the lot is 131.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $93,960. If we break it down further, the land itself was valued at $22,620. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1901
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 2
  • Residential Unit Count: 2
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 2,533
  • Lot Size Depth Feet: 131
  • Lot Size Frontage Feet: 19
  • Building Depth: 48
  • Building Frontage: 19
  • Gross Building Area: 3,042

    Building Floor Area

  • Residential Building Floor Area: 2,010

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: B1
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 308
  • City Council District: 35
  • Police Precinct: 77
  • Fire Company: E219
  • Health Area: 2900
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R5B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1231
  • Lot: 59
  • Borough Block Lot: 3012310059

    Address

  • Full Address: 701 Park Place
  • Zip Code: 11216

Valuation

    Assessments Valuation

  • Assessed Total Value: $93,960
  • Assessed Land Value: $22,620

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 701 Park Place located in?
The 701 Park Place is a located in the neighborhood of Crown Heights in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 701 Park Place?
The average sales price for units in 701 Park Place is $0 currently.

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