The station is located at the point where the tracks of the original Brooklyn, Flatbush & Coney Island Railway left the street surface and began running in an open-cut right-of-way on its route to Brighton Beach and Coney Island.

[5] A station was established at this spot on June 19, 1899 to provide local residents access to KCER trains.

This station consisted of two simple compacted earth platforms at the side of each track running south of Park Place.

In April 1993, the New York State Legislature agreed to give the MTA $9.6 billion for capital improvements.

Some of the funds would be used to renovate nearly one hundred New York City Subway stations,[6][7] including Park Place.