Kings  »  11221  »  Central Ave  »  116 Central Ave

116 Central Avenue, Brooklyn, NY 11221 - Property report

Also known as: 116 Central Ave

Property image for 116 Central Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,500

General information

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Address
Primary address
116 Central Avenue
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03184-0031

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
3,750
Building dimensions
25 ft x 50 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$11,364
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
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
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
32
Community district
4
Closest police station
0.56 Miles
Closest fire station
0.16 Miles

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

Ownership information for 116 Central Avenue, Brooklyn, NY

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

Sales history for 116 Central Avenue, Brooklyn, NY 11221

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/04/2017 - R
09/27/2017 - D
Termination of Assign of L&R
(2017100200751001)
XXXXXX XXXXXXX XXXXXXXXXX XXXX
10/04/2017 - R
09/27/2017 - D
Satisfaction of Mortgage
(2017100200719001)
XXXXXX XXXXXXX XXXXXXXXXX XXXX
04/26/2012 - R
04/04/2012 - D
Deed
(2012040601048001)
XXXXXX XXXXXXX XXXXXXX XXXXX
01/12/1999 - R Satisfaction of Mortgage
(3580006418458)
XXXXXX XXXXXXX XXXXX XXXXX XXXXXXXXXXX
01/12/1999 - R Assignment, Mortgage
(3640006409864)
XXXXXX XXXXXXX XXXXXXXXXX XXXX
01/12/1999 - R Agreement
(3150006410715)
XXXXXX XXXXXXX XXXXXXXXXX XXXX
01/12/1999 - R Mortgage
(3590006411359)
XXXXXX XXXXXXX XXXXXXXXXX XXXX
11/05/1990 - R Mortgage
(3540001579254)
XXXXXX XXXXXXXXXX XXXXX XXXXX XXXX XXXX
09/24/1987 - R Satisfaction of Mortgage
(3130001302413)
XXXXXX XXXXXX XXXXX XXXXX XXXXXXXXXXX
03/18/1987 - R Mortgage
(3850001249085)
XXXXXX XXXXXXX XXXXX XXXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 116 Central Avenue, 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
$11,364
Municipal exemptions
Recent tax assessments
Market value
$1,062,000
Assessed value
$477,900

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 $885,000 $398,250 $91,356 12.439% $11,364 $11,364 +2.83%
2024/25 $836,400 $376,380 $88,408 12.5% $11,051 $11,051 +7.95%
2023/24 $697,000 $313,650 $81,883 12.502% $10,237 $10,237 +10.01%
2022/23 $581,000 $261,450 $75,859 12.267% $9,306 $9,306 +8.23%
2021/22 $465,000 $209,250 $70,274 12.235% $8,598 $8,598 -0.26%
2020/21 $509,000 $229,050 $70,274 12.267% $8,621 $8,621 +1.63%
2019/20 $458,400 $206,280 $68,006 12.473% $8,482 $8,482 +6.78%
2018/19 $573,000 $257,850 $62,987 12.612% $7,944 $7,944 +7.03%
2017/18 $541,000 $243,450 $58,353 12.719% $7,422 $7,422 +6.50%
2016/17 $433,000 $194,850 $54,057 12.892% $6,969 $6,969 +0.07%

Permit information for 116 Central Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/15/2021 Alteration
06/15/2021 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
-

Subway & traffic

Closest station
Myrtle Ave & Cedar St at NW Corner
Station lines
M
Distance (miles)
0.19

Access the detailed traffic volume map for 116 Central Avenue, Brooklyn, NY 11221 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 Central Avenue, Brooklyn, NY 11221?

The development at 116 Central Avenue, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 116 Central Avenue, Brooklyn, NY 11221?

116 Central Avenue, Brooklyn, NY 11221 has a total of 3,750 square feet.

What is the assessed value of 116 Central Avenue, Brooklyn, NY 11221?

116 Central Avenue, Brooklyn, NY 11221 is currently assessed at $477,900.

What are the property taxes for 116 Central Avenue, Brooklyn, NY 11221?

The property taxes for 116 Central Avenue, Brooklyn, NY 11221 total $11,363.

How many residential units does this building have?

This building has 5 residential unit(s).

Disclaimer

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