New York City  »  11215  »  16th St  »  188 16th St

188 16th Street, Brooklyn, NY 11215 - Property report

Also known as: 188 16th St

Property image for 188 16th Street, Brooklyn, NY 11215
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2024

Lot sq. ft.

70,847

Sale price

$22,500,000 - M

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
188 16th Street
Alternate address(es)
251 Prospect Ave
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01053-0020

Owner

Find out who owns 188 16th Street, Brooklyn, NY 11215. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
245,091
Buildings on lot
1
Stories
5
Year built
2024
Building material
Sales
Sale date
06/24/2021
Sale price
$22,500,000 - M
Tax
Tax year
2026-2027
Property tax
$1,829,727
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
147
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.5 ft x 141.42 ft
Lot sq. ft.
70,847

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.71 Miles
Closest fire station
0.40 Miles

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

Ownership

Ownership information for 188 16th Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 188 16th Street, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
06/24/2021 $22,500,000 XXXXXXX XXXXX, XXX XXXXXXXX XXXX XXXXXX XXX,

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/27/2026 - R
12/24/2025 - D		 Easement
(2026012700572001)		 XXXXXXX XXXXX XXX XXX XXXX XX XXX XXXX
09/03/2025 - R UCC3 Termination
(2025082500831002)		 XXX XXXXXXXXXX XXXXXX XXX XXX XXXXXXXX XXX XXXXXXX XXX
09/03/2025 - R
08/22/2025 - D		 Assignment, Mortgage
(2025082500831010)		 XXX XXXXXXXX X XXXXXXX XXX XXXXXXXXX XXXX
09/03/2025 - R
08/22/2025 - D		 Assignment of Leases and Rents
(2025082500831009)		 XXX XXXXXXXXXX XXXXXX XXX XXX XXXXXXXX X XXXXXXX XXX
09/03/2025 - R
08/22/2025 - D		 Mortgage
(2025082500831008)		 XXX XXXXXXXXXX XXXXXX XXX XXX XXXXXXXX X XXXXXXX XXX
09/03/2025 - R
08/22/2025 - D		 Assignment of Leases and Rents
(2025082500831007)		 XXX XXXXXXXXXX XXXXXX XXX XXX XXXXXXXX X XXXXXXX XXX
09/03/2025 - R
08/22/2025 - D		 Agreement
(2025082500831006)		 XXX XXXXXXXXXX XXXXXX XXX XXX XXXXXXXX X XXXXXXX XXX
09/03/2025 - R
08/22/2025 - D		 Mortgage
(2025082500831005)		 XXX XXXXXXXXXX XXXXXX XXX XXX XXXXXXXX X XXXXXXX XXX
09/03/2025 - R
08/22/2025 - D		 Assignment, Mortgage
(2025082500831004)		 XXX XXXXXXXX XXX XXXXXXX XXX XXX XXXXXXXX X XXXXXXX XXX
09/03/2025 - R
08/22/2025 - D		 Release
(2025082500831003)		 XXX XXXXXXXX XXX XXXXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 188 16th 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
$1,829,727
Municipal exemptions
Recent tax assessments
Market value
$32,688,000
Assessed value
$14,709,600

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 $7,085,000 $3,188,250 $3,188,250 12.439% $396,586 $396,586 +11611.39%
2024/25 $437,000 $26,220 $16,860 20.085% $3,386 $3,386 +6.00%
2023/24 $1,955,000 $117,300 $15,906 20.085% $3,195 $3,195 +4.55%
2022/23 $1,935,000 $116,100 $15,046 20.309% $3,056 $3,056 +1.72%
2021/22 $1,619,000 $97,140 $15,046 19.963% $3,004 $3,004 -3.41%
2020/21 $1,811,000 $108,660 $14,778 21.045% $3,110 $3,110 +5.17%
2019/20 $1,512,000 $90,720 $13,971 21.167% $2,957 $2,957 +6.65%
2018/19 $1,588,000 $95,280 $13,255 20.919% $2,773 $2,773 +8.49%
2017/18 $1,313,000 $78,780 $12,538 20.385% $2,556 $2,556 +1.97%
2016/17 $1,171,000 $70,260 $12,538 19.991% $2,506 $2,506 +4.09%
Permits

Permit information for 188 16th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/05/2024 Subdivision: improved
05/09/2022 Alteration
04/29/2022 Alteration
02/07/2022 Full demolition
02/04/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & Prospect Ave at NE Corner
Station lines
R
Distance (miles)
0.179
View subway map

Access the detailed traffic volume map for 188 16th Street, Brooklyn, NY 11215 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

Neighbors for 188 16th Street, Brooklyn, NY

194 16th St, Brooklyn 587 5th Ave, Brooklyn 591 5th Ave, Brooklyn 212 16th St, Brooklyn 579 5th Ave, Brooklyn 218 16th St, Brooklyn 184 16th St, Brooklyn 585 5th Ave, Brooklyn 593 5th Ave, Brooklyn 214 16th St, Brooklyn 222 16th St, Brooklyn 577 5th Ave, Brooklyn 216 16th St, Brooklyn 192 16th St, Brooklyn 581 5th Ave, Brooklyn

Nearby ZIP codes for 188 16th Street, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10038, New York City, NY 10271, New York City, NY 11201, New York City, NY 11204, New York City, NY 11205, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 188 16th Street, Brooklyn, NY 11215?

The development at 188 16th Street, Brooklyn, NY 11215 was built in 2024.

What is the total square footage of 188 16th Street, Brooklyn, NY 11215?

188 16th Street, Brooklyn, NY 11215 has a total of 245,091 square feet.

When was 188 16th Street, Brooklyn, NY 11215 last sold and what was the sale price?

188 16th Street, Brooklyn, NY 11215 was last sold on 06/24/2021 for $22,500,000 - M.

What is the assessed value of 188 16th Street, Brooklyn, NY 11215?

188 16th Street, Brooklyn, NY 11215 is currently assessed at $14,709,600.

What are the property taxes for 188 16th Street, Brooklyn, NY 11215?

The property taxes for 188 16th Street, Brooklyn, NY 11215 total $1,829,727.

How many residential units does this building have?

This building has 147 residential unit(s).

Disclaimer

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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.

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