Kings  »  11205  »  Spencer St  »  116 Spencer St

116 Spencer Street, Brooklyn, NY 11205 - Property report

Also known as: 839-841 Bedford Ave

Property image for 116 Spencer Street, Brooklyn, NY 11205
static Mapbox map

Property type

Factory - Light Manufacturing (F5)

Year built

1951

Lot sq. ft.

20,000

General information

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Address
Primary address
116 Spencer Street
Alternate address(es)
112-114 Spencer St
116-118 Spencer St
839-841 Bedford Ave
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01734-0033

Owner

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Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
20,000
Building dimensions
50 ft x 100 ft
Buildings on lot
3
Stories
1
Year built
1951
Last altered
2002
Building material
Tax
Tax year
2026-2027
Property tax
$114,903
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 200 ft
Lot sq. ft.
20,000

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
91 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
13
Community district
3
Closest police station
0.40 Miles
Closest fire station
0.45 Miles

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Ownership information for 116 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 116 Spencer Street, Brooklyn, NY 11205

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/01/2015 - R UCC3 Termination
(2015091501341001)
XXXXXXX XXXXXXX XXX XXXXXXXXX XXXX XXX XXXXXXXXX XXXX X X
10/01/2015 - R
09/08/2015 - D
Agreement
(2015091501341004)
XXXXXXX XXXXXXX XXX XX XXXXXX XXXXX XXXX XX
10/01/2015 - R
09/01/2015 - D
Assignment, Mortgage
(2015091501341003)
XXXXXXXXX XXXX XXX XXXXXXXXX XXXX X X XX XXXXXX XXXXX XXXX XX
10/01/2015 - R
09/01/2015 - D
Termination of Assign of L&R
(2015091501341002)
XXXXXXX XXXXXXX XXX XXXXXXXXX XXXX XXX XXXXXXXXX XXXX X X
04/20/2011 - R Initial UCC1
(2011041300831004)
XXXXXXX XXXXXXX XXX XXXXXXXXX XXXX
04/20/2011 - R
04/07/2011 - D
Assignment of Leases and Rents
(2011041300831003)
XXXXXXX XXXXXXX XXX XXXXXXXXX XXXX
04/20/2011 - R
04/07/2011 - D
Agreement
(2011041300831002)
XXXXXXX XXXXXXX XXX XXXXXXXXX XXXX
04/20/2011 - R
04/07/2011 - D
Mortgage
(2011041300831001)
XXXXXXX XXXXXXX XXX XXXXXXXXX XXXX
07/04/2004 - R
03/22/2004 - D
Certificate
(2004060100744007)
XXX XXXXXXXXXX XX XXXXXXX
04/05/2004 - R
02/06/2004 - D
Agreement
(2004021201908001)
XX XXXX XXXXX XXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 116 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
$114,903
Municipal exemptions
Recent tax assessments
Market value
$2,886,000
Assessed value
$1,298,700

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 $2,748,000 $1,236,600 $929,115 10.848% $118,730 $100,790 +4.14%
2024/25 $2,891,000 $1,300,950 $899,320 10.762% $120,515 $96,785 +15.90%
2023/24 $2,774,000 $1,248,300 $788,405 10.592% $112,702 $83,508 +15.75%
2022/23 $2,534,000 $1,140,300 $677,680 10.646% $107,357 $72,146 +24.69%
2021/22 $2,053,000 $923,850 $537,975 10.755% $99,360 $57,859 -3.76%
2020/21 $2,548,000 $1,146,600 $562,160 10.694% $107,278 $60,117 +28.83%
2019/20 $2,507,000 $1,128,150 $442,865 10.537% $98,941 $46,665 +31.61%
2018/19 $2,288,000 $1,029,600 $337,230 10.514% $93,415 $35,456 +19.37%
2017/18 $2,066,000 $929,700 $282,513 10.514% $89,217 $29,703 +13.38%
2016/17 $2,003,000 $901,350 $247,770 10.574% $86,633 $26,199 +12.42%

Permit information for 116 Spencer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/20/2018 Alteration
04/17/2008 New building
07/20/2006 Alteration type 2
03/13/2001 Alteration type 2

*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
6

Subway & traffic

Closest station
Marcy Ave & Myrtle Ave at NW Corner
Station lines
G
Distance (miles)
0.33

Access the detailed traffic volume map for 116 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 116 Spencer Street, Brooklyn, NY 11205?

The development at 116 Spencer Street, Brooklyn, NY 11205 was built in 1951.

What is the market value of 116 Spencer Street, Brooklyn, NY 11205?

The current market value of 116 Spencer Street, Brooklyn, NY 11205 is $2,886,000.

What is the total square footage of 116 Spencer Street, Brooklyn, NY 11205?

116 Spencer Street, Brooklyn, NY 11205 has a total of 20,000 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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