Kings  »  11205  »  Spencer St  »  16 Spencer St

16 Spencer Street, Brooklyn, NY 11205 - Property report

Also known as: 16 Spencer St

Property image for 16 Spencer Street, Brooklyn, NY 11205
static Mapbox map

Property type

Miscellaneous and Old Style Bank Buildings (O9)

Year built

1931

Lot sq. ft.

2,500

Sale price

$1,200,000

General information

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Address
Primary address
16 Spencer Street
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01715-0042

Owner

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Building
Property type
Miscellaneous and Old Style Bank Buildings (O9)
Building sq. ft.
10,938
Building dimensions
25 ft x 100 ft
Buildings on lot
1
Stories
7
Year built
1931
Last altered
2022
Building material
Sales
Sale date
12/01/2021
Sale price
$1,200,000
Tax
Tax year
2026-2027
Property tax
$95,430
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
14
Community district
3
Closest police station
0.61 Miles
Closest fire station
0.35 Miles

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Ownership information for 16 Spencer Street, Brooklyn, NY

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

Sales history for 16 Spencer Street, Brooklyn, NY 11205

Sale date Sale price Buyer name Seller name
12/01/2021 $1,200,000 XX XXXXXXX, XXX XX XXXXXXXX, 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
07/31/2026 - R Initial UCC1
(2026072900568006)
XX XXXXXXX XXX XXXXXX XXXXXXX XXXXXX XXXX
07/31/2026 - R
07/14/2026 - D
Assignment of Leases and Rents
(2026072900568005)
XX XXXXXXX XXX XXXXXX XXXXXXX XXXXXX XXXX
07/31/2026 - R
07/14/2026 - D
Agreement
(2026072900568004)
XX XXXXXXX XXX XXXXXX XXXXXXX XXXXXX XXXX
07/31/2026 - R
07/14/2026 - D
Mortgage
(2026072900568003)
XX XXXXXXX XXX XXXXXX XXXXXXX XXXXXX XXXX
07/31/2026 - R
07/08/2026 - D
Assignment, Mortgage
(2026072900568002)
XXXXXXXXX XXXXXXX XXX XXXXXX XXXXXXX XXXXXX XXXX
07/31/2026 - R
07/08/2026 - D
Termination of Assign of L&R
(2026072900568001)
XX XXXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXXX XXX
01/13/2022 - R
12/22/2021 - D
Certificate
(2021122201361001)
XXXXX XXXXXXXX XXXX
01/13/2022 - R
12/20/2021 - D
Zoning Lot Description
(2021122201361002)
XX XXXXXXX XXX
12/30/2021 - R
12/01/2021 - D
Assignment of Leases and Rents
(2021122001555002)
XX XXXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXXX XXX
12/30/2021 - R
12/01/2021 - D
Mortgage
(2021122001555001)
XX XXXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 16 Spencer 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
$95,430
Municipal exemptions
Recent tax assessments
Market value
$1,956,000
Assessed value
$880,200

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 $1,310,000 $589,500 $588,142 10.848% $63,802 $63,802 +151.06%
2024/25 $527,000 $237,150 $236,132 10.762% $25,413 $25,413 +119.23%
2023/24 $250,000 $112,500 $109,440 10.592% $11,592 $11,592 +6.13%
2022/23 $228,000 $102,600 $102,600 10.646% $10,923 $10,923 +6.46%
2021/22 $212,000 $95,400 $95,400 10.755% $10,260 $10,260 -12.84%
2020/21 $265,000 $119,250 $110,070 10.694% $11,771 $11,771 +5.55%
2019/20 $261,000 $117,450 $105,840 10.537% $11,152 $11,152 +6.75%
2018/19 $231,000 $103,950 $99,360 10.514% $10,447 $10,447 +2.51%
2017/18 $237,000 $106,650 $96,930 10.514% $10,191 $10,191 +8.83%
2016/17 $229,000 $103,050 $88,560 10.574% $9,364 $9,364 +3.00%

Permit information for 16 Spencer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/13/2024 Alt-CO - new building with existing elements to remain
11/05/2024 Alteration
11/05/2024 Alteration
10/14/2024 Alteration
09/30/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.327

Access the detailed traffic volume map for 16 Spencer Street, Brooklyn, NY 11205 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 16 Spencer Street, Brooklyn, NY 11205?

The development at 16 Spencer Street, Brooklyn, NY 11205 was built in 1931.

What is the market value of 16 Spencer Street, Brooklyn, NY 11205?

The current market value of 16 Spencer Street, Brooklyn, NY 11205 is $1,956,000.

What is the total square footage of 16 Spencer Street, Brooklyn, NY 11205?

16 Spencer Street, Brooklyn, NY 11205 has a total of 10,938 square feet.

What is the price per square foot for this property?

$109 per square foot is the price for 16 Spencer Street, Brooklyn, NY 11205.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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