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188 16th Street, Brooklyn, NY 11215 Property Information

188 16th Street, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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188 16th Street, Brooklyn, NY 11215 1
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Address

Primary address 188 16th Street
Secondary address 251 Prospect Ave
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01053-0020

Sales & Tax Overview for 188 16th Street, Brooklyn

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

Purchase date 06/24/2021
Purchase price $22,500,000
Tax class
Estimated property tax $1,829,727

Lot & Building Information for 188 16th Street, Brooklyn

Lot sqft 70,847
Lot dimensions 19.5 ft x 141.42 ft
Building class Elevator Apartment - Semi-fireproof without Stores (D1) i
Building sqft 245,091
Buildings on lot 1
Stories 5
Year built 2024
Status
Status date
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Zoning & Use for 188 16th Street, Brooklyn

Zoning
Residential units (DOF) 147
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.71 Miles
Closest fire station 0.40 Miles

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

Other Property Data for 188 16th Street, Brooklyn

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Floor area ratio (FAR) for 188 16th Street, Brooklyn, NY 11215, 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 188 16th Street, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 251 Prospect Ave, Brooklyn, NY 11215

About 188 16th Street, Brooklyn

What is the year built & the total sq. ft. for 188 16th Street, Brooklyn, NY 11215?

188 16th Street, Brooklyn, NY 11215 was built in 2024 and has a total of 245,091 square feet.

What is the assessed value of 188 16th Street, Brooklyn, NY 11215 and the property tax paid?

Assessed at $3,188,250, the tax amount paid for 188 16th Street, Brooklyn, NY 11215 is $396,586. For the next year, the tax amount for 188 16th Street, Brooklyn, NY 11215 is estimated at $1,829,727.

When was 188 16th Street, Brooklyn, NY 11215 last sold?

188 16th Street, Brooklyn, NY 11215 was last sold in 09/23/2024.

How many residential units does this building have?

This building has 147 residential unit(s).

Ownership Information for 188 16th Street, Brooklyn

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Property owner name for 188 16th Street, Brooklyn, NY 11215
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Building contacts for 188 16th Street, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 188 16th Street, Brooklyn

Create a free account to view the complete sales history for 188 16th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/24/2021 $22,500,000

Title Documents for 188 16th 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
12/24/2025 - D
01/27/2026 - R
Easement
(2026012700572001)
09/03/2025 - R UCC3 Termination
(2025082500831002)
08/22/2025 - D
09/03/2025 - R
Assignment, Mortgage
(2025082500831010)
08/22/2025 - D
09/03/2025 - R
Assignment of Leases and Rents
(2025082500831009)
08/22/2025 - D
09/03/2025 - R
Mortgage
(2025082500831008)
08/22/2025 - D
09/03/2025 - R
Assignment of Leases and Rents
(2025082500831007)
08/22/2025 - D
09/03/2025 - R
Agreement
(2025082500831006)
08/22/2025 - D
09/03/2025 - R
Mortgage
(2025082500831005)
08/22/2025 - D
09/03/2025 - R
Assignment, Mortgage
(2025082500831004)
08/22/2025 - D
09/03/2025 - R
Release
(2025082500831003)
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R: Recorded date
D: Document date

Property Taxes for 188 16th Street, Brooklyn

Access detailed property tax data for 188 16th Street, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $396,586
Estimated property tax: $1,829,727
Tax assessor's market value: $7,085,000
Assessed value: $3,188,250

Assessment History for 188 16th Street, Brooklyn

Here's the assessment & property tax history for 188 16th 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 $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%

Permits for 188 16th Street, Brooklyn

The complete history of permits filed for 188 16th 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
04/05/2024 Subdivision: improved
05/09/2022 Alteration
04/29/2022 Alteration
02/07/2022 Full demolition
02/04/2022 Alteration
02/04/2022 Full demolition
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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 4th Ave & Prospect Ave at NE Corner
Station lines R
Distance (miles) 0.179
View subway map
Bus Routes
Name 5 Av/15 St
Line B63
Distance (miles) 0.06

Neighbors for 188 16th Street, Brooklyn

Here are the neighbors for 188 16th Street, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
194 16th St, Brooklyn 2,030 09/27/2016 $1,100,000
587 5th Ave, Brooklyn 2,419 11/27/2001
591 5th Ave, Brooklyn 9,938 06/06/2025 $6,300,000
212 16th St, Brooklyn 1,890 02/02/2019 $10
579 5th Ave, Brooklyn 2,346 10/27/2010
218 16th St, Brooklyn 1,165 08/10/2004 $580,000
184 16th St, Brooklyn 2,972 02/28/2022 $2,680,000
585 5th Ave, Brooklyn 3,137 10/26/2021 $1,500,000
593 5th Ave, Brooklyn 2,193 05/24/1993
214 16th St, Brooklyn 1,890 06/26/2025 $1,828,893
222 16th St, Brooklyn 10,298 04/19/2024
577 5th Ave, Brooklyn 7,199 07/16/2003 $1,125,000
216 16th St, Brooklyn 1,250 03/28/2006
192 16th St, Brooklyn 1,488 12/23/2020 $2,100,000
581 5th Ave, Brooklyn 14,083 09/26/2000
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