New York City

Montague-Court Building - 16 Court Street, Brooklyn, NY 11241 - Property report

Also known as: 10-20 Court St

Property image for Montague-Court Building - 16 Court Street, Brooklyn, NY 11241

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1928

Lot sq. ft.

12,500

Sale price

$171,000,000

General information

Address

Building name

Montague-Court Building

Primary address

Montague-Court Building - 16 Court Street

Alternate address(es)

10-20 Court St
206-212 Montague St

ZIP code

11241

Neighborhood

Downtown Brooklyn

Borough

Brooklyn

Block & lot

00250-0044

Building

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Building sq. ft.

290,440

Building dimensions

92 ft x 125 ft

Buildings on lot

Stories

Year built

1928

Last altered

2016

Building material

Sales

Sale date

10/10/2017

Sale price

$171,000,000

Tax

Tax year

2026-2027

Property tax

$3,448,986

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

100 ft x 125 ft

Lot sq. ft.

12,500

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

91 /100. Biker's Paradise

School district

Community district

Closest police station

0.41 Miles

Closest fire station

0.31 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for Montague-Court Building - 16 Court Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Montague-Court Building - 16 Court Street, Brooklyn, NY 11241

Sale date	Sale price	Buyer name	Seller name
10/10/2017	$171,000,000	XX XXXXX XX XXXXXXXX XXXXX, XXX	XX XXXXX XXXXXX XXXXX XXX
07/18/2007	$107,500,000	XX XXXXX XXXXXX XXXXX XXX	XXXXX XXXXXX XXXXXXXXX XXX XXX XXXXXX XX XXXXXX X XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/26/2022 - R	UCC3 Continuation (2022042200146001)	XX XXXXX XX XXXXXXXX XXXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/13/2021 - R 12/23/2020 - D	NYC Real Property Transfer Tax (2021011901749001)	XXXXXXXX XXXXXXXXX XX X X	XXXXXXXX XXXXX XXXXXXXXXXX XXX
07/28/2020 - R 07/27/2020 - D	Landmark Designation (2020072701087001)	XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
02/02/2018 - R	UCC3 Assignment (2018020101517002)	XX XXXXX XX XXXXXXXX XXXXX XXX	XXXXXXXX XXXX XXX
02/02/2018 - R 12/21/2017 - D	Assignment, Mortgage (2018020101517001)	XXXX XXXX XXXXXX XXXXXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
10/16/2017 - R	Initial UCC1 (2017101200955005)	XX XXXXX XX XXXXXXXX XXXXX XXX	XXXXXXXX XXXX XXX
11/01/2017 - R 10/10/2017 - D	Agreement (2017103101146001)	XXXXX XXXXX	XXXXXXXX XXXX XXX
10/25/2017 - R 10/10/2017 - D	Agreement (2017102400918002)	XXXX XX XXX XXXX	XXXXXXXX XXXX XXX
10/25/2017 - R 10/10/2017 - D	Agreement (2017102400918001)	XXXX XX XXX XXXX	XXXXXXXX XXXX XXX
10/18/2017 - R 10/10/2017 - D	Agreement (2017101700804001)	XXXXXXXX XXXXX XXX	XXXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Montague-Court Building - 16 Court Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$3,448,986

Municipal exemptions

Recent tax assessments

Market value

$70,821,000

Assessed value

$31,869,450

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y 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%
2020/21	$78,584,000	$35,362,800	$18,639,090	10.694%	$3,202,210	$1,993,264	+16.92%
2019/20	$69,255,000	$31,164,750	$16,179,490	10.537%	$2,896,030	$1,704,833	+13.43%
2018/19	$64,473,000	$29,012,850	$14,294,701	10.514%	$2,691,542	$1,502,945	+10.88%
2017/18	$62,910,000	$28,309,500	$12,892,130	10.514%	$2,544,076	$1,355,479	+3.91%
2016/17	$57,057,000	$25,675,650	$12,336,650	10.574%	$2,499,857	$1,304,477	-3.96%

Permits

Permit information for Montague-Court Building - 16 Court Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/01/2026	Alteration
07/01/2026	Alteration
11/20/2024	Alteration
06/26/2024	Alteration
06/17/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	11/14/2025	Lblvio-low pressure boiler boiler required
	10/04/2023	Aeuhaz1-fail to certify class 1 none

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Court St & Montague St at SW Corner

Station lines

R-2-3-4-5

Distance (miles)

0.014

View subway map

Access the detailed traffic volume map for Montague-Court Building - 16 Court Street, Brooklyn, NY 11241 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for Montague-Court Building - 16 Court Street, Brooklyn, NY 11241?

The development at Montague-Court Building - 16 Court Street, Brooklyn, NY 11241 was built in 1928.

What is the market value of Montague-Court Building - 16 Court Street, Brooklyn, NY 11241?

The current market value of Montague-Court Building - 16 Court Street, Brooklyn, NY 11241 is $70,821,000.

What is the total square footage of Montague-Court Building - 16 Court Street, Brooklyn, NY 11241?

Montague-Court Building - 16 Court Street, Brooklyn, NY 11241 has a total of 290,440 square feet.

What is the price per square foot for this property?

$588 per square foot is the price for Montague-Court Building - 16 Court Street, Brooklyn, NY 11241.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 102.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.