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Office BLDG - 16 Court Street, Brooklyn, NY 11201 Property Information

Office BLDG - 16 Court Street, Brooklyn, NY 11201 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Office BLDG - 16 Court Street, Brooklyn, NY 11201 1
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Address

Building name Office BLDG
Primary address Office BLDG - 16 Court Street
Secondary address 10-20 Court St
Neighborhood Downtown Brooklyn
Zip code 11201
Borough Brooklyn
Block & lot 00250-0044

Sales & Tax Overview for 16 Court Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/10/2017
Purchase price $171,000,000
Tax class
Estimated property tax $3,448,986

Lot & Building Information for 16 Court Street, Brooklyn

Lot sqft 12,500
Lot dimensions 100 ft x 125 ft
Building class Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 290,440
Building dimensions 92 ft x 125 ft
Buildings on lot 1
Stories 37
Year built 1928
Year last altered 2016
Construction type
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Zoning & Use for 16 Court Street, Brooklyn

Zoning
Commercial units 102
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 2
Closest police station 0.41 Miles
Closest fire station 0.31 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 16 Court Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for Office BLDG - 16 Court Street, Brooklyn, NY 11201, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for Office BLDG - 16 Court Street, Brooklyn, NY 11201, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 10-20 Court St, Brooklyn, NY 11201
  • 206-212 Montague St, Brooklyn, NY 11201

About 16 Court Street, Brooklyn

How many sq. ft. does Office BLDG - 16 Court Street, Brooklyn, NY 11201 have & what is the price per sq. ft?

This Office Only with or without Commercial - 20 Stories or More (O4) located at Office BLDG - 16 Court Street, Brooklyn, NY 11201 has a total of 290,440 square feet and a current price per square foot of $588.

What is the year built & the current market value of Office BLDG - 16 Court Street, Brooklyn, NY 11201?

Office BLDG - 16 Court Street, Brooklyn, NY 11201 was built in 1928 and has a current tax assessor's market value of $69,561,000.

How many commercial spaces does this building have?

This building has 102 commercial spaces available for lease.

Ownership Information for 16 Court Street, Brooklyn

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Property owner name for Office Bldg. - 16 Court Street, Brooklyn, NY 11201
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Building contacts for Office Bldg. - 16 Court Street, Brooklyn, NY 11201
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 16 Court Street, Brooklyn

Create a free account to view the complete sales history for 16 Court Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/10/2017 $171,000,000
07/18/2007 $107,500,000
       
       
       
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Title Documents for 16 Court Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
04/26/2022 - R UCC3 Continuation
(2022042200146001)
12/23/2020 - D
05/13/2021 - R
NYC Real Property Transfer Tax
(2021011901749001)
07/27/2020 - D
07/28/2020 - R
Landmark Designation
(2020072701087001)
02/02/2018 - R UCC3 Assignment
(2018020101517002)
12/21/2017 - D
02/02/2018 - R
Assignment, Mortgage
(2018020101517001)
10/16/2017 - R Initial UCC1
(2017101200955005)
10/10/2017 - D
11/01/2017 - R
Agreement
(2017103101146001)
10/10/2017 - D
10/25/2017 - R
Agreement
(2017102400918002)
10/10/2017 - D
10/25/2017 - R
Agreement
(2017102400918001)
10/10/2017 - D
10/18/2017 - R
Agreement
(2017101700804001)
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R: Recorded date
D: Document date

Property Taxes for 16 Court Street, Brooklyn

Access detailed property tax data for Office BLDG - Office BLDG - 16 Court Street, Brooklyn, NY 11201. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $3,395,690
Estimated property tax: $3,448,986
Tax assessor's market value: $69,561,000
Assessed value: $31,302,450

Assessment History for 16 Court Street, Brooklyn

Here's the assessment & property tax history for 16 Court Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $69,561,000 $31,302,450 $31,302,450 10.848% $3,395,690 $3,395,690 +8.18%
2024/25 $69,839,000 $31,427,550 $29,166,570 10.762% $3,382,233 $3,138,906 +7.74%
2023/24 $74,154,000 $33,369,300 $27,504,780 10.592% $3,392,272 $2,913,306 +3.24%
2022/23 $80,812,000 $36,365,400 $26,505,284 10.646% $3,543,864 $2,821,753 -16.78%
2021/22 $79,424,000 $35,740,800 $31,526,327 10.755% $3,390,656 $3,390,656 +70.11%

Permits for 16 Court Street, Brooklyn

The complete history of permits filed for 16 Court Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
11/20/2024 Alteration
06/26/2024 Alteration
06/17/2024 Alteration
04/18/2024 Alteration
04/18/2024 Alteration
04/18/2024 Alteration
04/15/2024 Alteration
03/15/2024 Alteration
02/29/2024 Alteration
11/30/2023 Alteration
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Court St & Montague St at SW Corner
Station lines R-2-3-4-5
Distance (miles) 0.014
View subway map
Bus Routes
Name Cadman Plz W / Montague St
Line B41
Distance (miles) 0.027

Neighbors for 16 Court Street, Brooklyn

Here are the neighbors for Office BLDG - Office BLDG - 16 Court Street, Brooklyn, NY 11201.

Address Square feet Purchase date Purchase price
1 Grace CT, Brooklyn 46,080 12/21/1970
16 Remsen St, Brooklyn 5,830 04/14/2022 $9,995,000
18 Remsen St, Brooklyn 5,575 10/25/2023 $7,400,000
186 Montague St, Brooklyn 19,200 05/06/2015 $14,500,000
8 Remsen St, Brooklyn 12,924 05/21/1975
14 Remsen St, Brooklyn 4,800 09/03/1992
172 Montague St, Brooklyn 65,479 06/30/2012 $417,483
151 Remsen St, Brooklyn 6,630 12/16/2011
22 Remsen St, Brooklyn 6,000 05/12/2016 $5,250,000
147 Remsen St, Brooklyn 13,560 06/25/2013 $6,500,000
153 Remsen St, Brooklyn 79,211 10/18/2013 $6,157,500
163 Remsen St, Brooklyn 7,380 09/06/1994
10 Remsen St, Brooklyn 5,160 05/30/2024 $7,650,000
180 Montague St, Brooklyn 199,486 02/27/2013 $125,448,621
12 Remsen St, Brooklyn 5,660 02/14/2018
20 Remsen St, Brooklyn 6,100 07/15/1994
161 Remsen St, Brooklyn 20,570 08/02/1982
26 Remsen St, Brooklyn 5,399 06/08/2004 $3,125,000
188 Montague St, Brooklyn 48,050 10/01/2006
175 Remsen St, Brooklyn 129,520 09/10/2024
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