New York City  »  11218  »  Terrace Pl  »  181 Terrace Pl

181 Terrace Place, Brooklyn, NY 11218 - Property report

Also known as: 181 Garage Terrace Pl

Property image for 181 Terrace Place, Brooklyn, NY 11218
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Property type

One Family Attached or Semi-Detached (A5)

Year built

1930

Lot sq. ft.

1,820

Sale price

$2,075,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
181 Terrace Place
Alternate address(es)
181 Garage Terrace Pl
ZIP code
11218
Neighborhood
Windsor Terrace
Borough
Brooklyn
Block & lot
05256-0036

Owner

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Building
Property type
One Family Attached or Semi-Detached (A5)
Building sq. ft.
1,288
Building dimensions
17.42 ft x 28 ft
Buildings on lot
2
Stories
2
Year built
1930
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
01/24/2025
Sale price
$2,075,000
Tax
Tax year
2026-2027
Property tax
$7,320
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Terrace Place (wide)
Distance to wide street
Lot dimensions
23.25 ft x 97.83 ft
Lot sq. ft.
1,820

Area overview

Walk score
83 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
1.31 Miles
Closest fire station
0.31 Miles

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Ownership

Ownership information for 181 Terrace Place, Brooklyn, NY

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

Sales history for 181 Terrace Place, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
01/24/2025 $2,075,000 XXXXXXX, XXXXXXX XXX XXX, XXXXX XXXXXX, XXXXXXX XXX XXXXXXXXXX, XXXXXXXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/13/2025 - R
02/11/2025 - D		 Sundry Miscellaneous
(2025021100968001)		 XXXXXXX XXXXXXX
02/03/2025 - R
01/24/2025 - D		 Mortgage
(2025012900560002)		 XXXXXXX XXXXXXX XXXX
02/03/2025 - R
01/24/2025 - D		 Deed
(2025012900560001)		 XXXXXX XXXXXXX XXXXXXX XXXXXXX
05/30/2024 - R
05/24/2024 - D		 Deed
(2024052800412001)		 XXXXXX XXXXXXX XXXXXX XXXXXXX
11/04/1991 - R Satisfaction of Mortgage
(3100001648310)		 XXXXXXXXXX XXXXXXXXX XXXXXXXX XXX X X XXXX
08/24/1990 - R Satisfaction of Mortgage
(3210001563521)		 XXXXXXXX XXXXXXX XXXXXXXXXX XXXX XXXXXXX
06/04/1990 - R Satisfaction of Mortgage
(3100001543910)		 XXXXXXXX XXXXXXX XXXXXXX XX XXXXXXX XXXX
04/18/1990 - R Mortgage
(3170001532817)		 XXXXXXXXXX XXXXXXXXX XXXXXXXX XXX XX XXXX
04/18/1990 - R Deed
(3160001532816)		 XXXXXXXX XXXXXXX XXXXXXXXXX XXXXXXXXX
04/18/1990 - R Power of Attorney
(3150001532815)		 XXXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 181 Terrace Place, 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
$7,320
Municipal exemptions
Recent tax assessments
Market value
$1,708,000
Assessed value
$102,480

More about New York City property taxes

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 $1,612,000 $96,720 $36,869 19.843% $7,316 $7,316 +8.78%
2024/25 $1,573,000 $94,380 $33,484 20.085% $6,994 $6,725 +5.61%
2023/24 $1,498,000 $89,880 $31,706 20.085% $6,649 $6,368 +4.78%
2022/23 $1,479,000 $88,740 $29,925 20.309% $6,374 $6,077 +3.89%
2021/22 $1,622,000 $97,320 $29,302 19.963% $6,137 $5,850 -5.17%
2020/21 $1,356,000 $81,360 $29,314 21.045% $6,466 $6,169 +122.31%
2019/20 $1,249,000 $74,940 $13,110 21.167% $6,143 $2,775 +7.55%
2018/19 $1,424,000 $85,440 $12,334 20.919% $5,771 $2,580 -48.72%
2017/18 $1,764,000 $105,840 $24,684 20.385% $5,331 $5,032 +4.58%
2016/17 $1,354,000 $81,240 $24,068 19.991% $5,121 $4,811 +2.43%
Permits

Permit information for 181 Terrace Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/18/2025 Alteration
04/05/2025 Alteration
02/17/2025 Alteration
02/17/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Windsor Terrace residential market stats

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

Median sale price

$820,000

-18% Y-o-Y

Median price/sq. ft.

$900

-8.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
Prospect Ave & Reeve Pl at SE Corner
Station lines
F
Distance (miles)
0.222
View subway map

Access the detailed traffic volume map for 181 Terrace Place, Brooklyn, NY 11218 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Windsor Terrace School (The) 8 Yes Public K-5 413 0.09
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.37
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.37
Holy Name Of Jesus School NR No Private PK, K-8 239 0.37
Holy Name Of Jesus School NR No Private PK, K-8 239 0.37
International Christian School NR No Private PK-12 85 0.43
P.S. 130 The Parkside 6 No Public PK, K-5 834 0.48
P.S. 130 The Parkside 6 No Public PK, K-5 834 0.48
P.S. 107 John W Kimball 8 No Public PK, K-5 501 0.57
P.S. 107 John W Kimball 8 No Public PK, K-5 501 0.57
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.37
Brooklyn Urban Garden Charter School 6 No Charter 6-8 310 0.37
MS 442 Carroll Gardens School for Innovation 9 No Public 6-8 344 0.37
Holy Name Of Jesus School NR No Private PK, K-8 239 0.37
International Christian School NR No Private PK-12 85 0.43
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.56
Middle 839 5 No Public 6-8 321 0.57
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.57
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.57
Jhs 88 Peter Rouget 6 No Public 6-8 1,024 0.71
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
International Christian School NR No Private PK-12 85 0.43
Brooklyn College Academy 7 No Public 9-12 631 0.50
Mesilas Bais Yaakov NR No Private 9-12 260 0.51
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.56
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.57
P.S. 53 NR No Public K-12 410 0.71
St Saviour High School NR No Private 9-12 400 0.77
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.79
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.83
Park Slope Collegiate 4 No Public 6-12 577 0.94

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 181 Terrace Place, Brooklyn, NY

17 Temple CT, Brooklyn 102 Sherman St, Brooklyn 179 Terrace Pl, Brooklyn 15 Temple CT, Brooklyn 191 Terrace Pl, Brooklyn 9 Temple CT, Brooklyn 185 Terrace Pl, Brooklyn 195 Terrace Pl, Brooklyn 110 Sherman St, Brooklyn 21 Temple CT, Brooklyn 13 Temple CT, Brooklyn 7 Temple CT, Brooklyn 203 Terrace Pl, Brooklyn 187 Terrace Pl, Brooklyn 106 Sherman St, Brooklyn 104 Sherman St, Brooklyn 19 Temple CT, Brooklyn 11 Temple CT, Brooklyn 199 Terrace Pl, Brooklyn 23 Temple CT, Brooklyn

Nearby ZIP codes for 181 Terrace Place, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 181 Terrace Place, Brooklyn, NY 11218?

The development at 181 Terrace Place, Brooklyn, NY 11218 was built in 1930.

What is the total square footage of 181 Terrace Place, Brooklyn, NY 11218?

181 Terrace Place, Brooklyn, NY 11218 has a total of 1,288 square feet.

When was 181 Terrace Place, Brooklyn, NY 11218 last sold and what was the sale price?

181 Terrace Place, Brooklyn, NY 11218 was last sold on 01/24/2025 for $2,075,000.

What is the assessed value of 181 Terrace Place, Brooklyn, NY 11218?

181 Terrace Place, Brooklyn, NY 11218 is currently assessed at $102,480.

What are the property taxes for 181 Terrace Place, Brooklyn, NY 11218?

The property taxes for 181 Terrace Place, Brooklyn, NY 11218 total $7,320.

How many residential units does this building have?

This building has 1 residential unit(s).

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