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Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201 Property Information

Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201 1
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Address

Building name Flatbush-Willoughby Substation
Primary address Flatbush-Willoughby Substation - 161 Prince Street
Neighborhood Downtown Brooklyn
Zip code 11201
Borough Brooklyn
Block & lot 02062-0103

Sales & Tax Overview for 161 Prince Street, Brooklyn

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Tax class

Lot & Building Information for 161 Prince Street, Brooklyn

Lot sqft 6,290
Lot dimensions 74 ft x 85 ft
Building class All Parking Garages (G1) i
Building sqft 4,160
Building dimensions 52 ft x 80 ft
Buildings on lot 1
Stories 1
Structure type Miscellaneous parking garage
Building material Masonry
Year built 1982
Frontage(s) Prince Street (narrow)
Nearest wide street Gold Street
Distance to wide street
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Zoning & Use for 161 Prince Street, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 2
Closest police station 0.18 Miles
Closest fire station 0.35 Miles

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

Other Property Data for 161 Prince Street, Brooklyn

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Floor area ratio (FAR) for Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201, 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 Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 161 Prince Street, Brooklyn

What is the year built & the total sq. ft. for Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201?

Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201 was built in 1982 and has a total of 4,160 square feet.

What is the assessed value of Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201?

The assessed market value for the current tax year is $389,700.

Ownership Information for 161 Prince Street, Brooklyn

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Property owner name for Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201
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Building contacts for Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201
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 161 Prince Street, Brooklyn

Create a free account to view the complete sales history for 161 Prince Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 161 Prince Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
03/31/2009 - D
04/24/2009 - R
Assignment of Tax Lien
(2009040900756001)
09/23/2004 - D
09/30/2004 - R
Tax Lien Sale Certificate
(2004092701633001)
01/25/1999 - R Assignment of Tax Lien
(3370006428137)
06/18/1997 - R Tax Lien Sale Certificate
(3430005653443)
           
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R: Recorded date
D: Document date

Property Taxes for 161 Prince Street, Brooklyn

Access detailed property tax data for Flatbush-Willoughby Substation - Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $866,000
Assessed value: $389,700
Exemptions granted by city:

Assessment History for 161 Prince Street, Brooklyn

Here's the assessment & property tax history for 161 Prince 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 $866,000 $389,700 $0 10.848% $36,798 $0 n/a
2024/25 $886,000 $398,700 $0 10.762% $35,828 $0 n/a
2023/24 $755,000 $339,750 $0 10.592% $33,841 $0 n/a
2022/23 $649,000 $292,050 $0 10.646% $31,092 $0 n/a
2021/22 $613,000 $275,850 $0 10.755% $29,668 $0 n/a

Permits for 161 Prince Street, Brooklyn

The complete history of permits filed for 161 Prince 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
09/21/2016 Alteration type 3
         
         
         
         
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Downtown Brooklyn Residential Market Stats

Access a detailed real estate market overview of Downtown Brooklyn so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Downtown Brooklyn and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$1,195,000
78.4% YoY
Median Price/Sqft
$1,193
49.4% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

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Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Flatbush Ave & Fleet St at NE Corner
Station lines B-Q-R
Distance (miles) 0.067
View subway map
Bus Routes
Name Myrtle Av/Fleet Pl
Line B54
Distance (miles) 0.079

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 287 Bailey K Ashford 5 Yes Public PK, K-5 132 0.38
P.S. 287 Bailey K Ashford 5 Yes Public PK, K-5 132 0.38
Brooklyn Prospect Charter School - CSD 13.2 8 No Charter K-5 404 0.17
Brooklyn Prospect Charter-Downtown 7 No Charter K-8 704 0.17
Brooklyn Autism Center Academy NR No Private K 21 0.23

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Brooklyn Prospect Charter-Downtown 7 No Charter K-8 704 0.17
Fusion NR No Private 6-12 24 0.23
Fusion Academy Brooklyn NR No Private 6-12 0 0.23
Fusion Academy Brk: Brooklyn NR No Private 6-12 57 0.23
Brooklyn Friends School NR No Private PK-12 860 0.29

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
St Joseph High School NR No Private 9-12 233 0.17
St Joseph High School NR No Private 9-12 0 0.17
St. Joseph High School NR No Private 9-12 0 0.17
Fusion NR No Private 6-12 24 0.23
Fusion Academy Brooklyn NR No Private 6-12 0 0.23

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 161 Prince Street, Brooklyn

Here are the neighbors for Flatbush-Willoughby Substation - Flatbush-Willoughby Substation - 161 Prince Street, Brooklyn, NY 11201.

Address Square feet Purchase date Purchase price
140 St Edwards St, Brooklyn 129,776 01/01/2015 $25,250,000
169 Washington Park, Brooklyn 3,960 07/23/2019 $1,650,000
168 Washington Park, Brooklyn 4,950 01/13/1989
105 Ashland Pl, Brooklyn 325,000
173 Washington Park, Brooklyn 3,970 08/06/1991
172 Washington Park, Brooklyn 3,970 04/29/1999
104 Fleet Pl, Brooklyn 92,678 04/11/2025
175 Willoughby St, Brooklyn 187,667 05/21/2010 $20,000
171 Washington Park, Brooklyn 6,050 05/24/2023
155 Prince St, Brooklyn 4,150 10/30/2025 $2,000,000
191 Willoughby St, Brooklyn 187,667 08/01/2019 $40,675
176 Washington Park, Brooklyn 6,355 05/01/2025 $4,800,000
175 Washington Park, Brooklyn 5,130 01/13/1969
170 Washington Park, Brooklyn 3,950 02/20/2014
106 Fleet Pl, Brooklyn 98,432 04/11/2025
159 Willoughby St, Brooklyn 6,406 04/11/2025
101 Fleet Pl, Brooklyn 20,073 07/10/2025
147 Prince St, Brooklyn 52,694 02/18/1997
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