New York City  »  11218  »  Terrace Pl  »  162 Terrace Pl

162 Terrace Place, Brooklyn, NY 11218 - Property report

Also known as: 162 Garage Terrace Pl

Property image for 162 Terrace Place, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Brick (B1)

Year built

1930

Lot sq. ft.

2,950

Sale price

$425,000

General information

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Address
Primary address
162 Terrace Place
Alternate address(es)
162 Garage Terrace Pl
ZIP code
11218
Neighborhood
Windsor Terrace
Borough
Brooklyn
Block & lot
05256-0084

Owner

Find out who owns 162 Terrace Place, Brooklyn, NY 11218. Uncover corporate and individual owners with a free account.

Building
Property type
Two Family Brick (B1)
Building sq. ft.
2,080
Building dimensions
20.5 ft x 52 ft
Buildings on lot
2
Stories
2
Year built
1930
Building material
Brick
Exterior wall
Stucco
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
02/08/2013
Sale price
$425,000
Tax
Tax year
2026-2027
Property tax
$9,704
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Terrace Place (wide)
Distance to wide street
Lot dimensions
29.5 ft x 100 ft
Lot sq. ft.
2,950

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
1.30 Miles
Closest fire station
0.27 Miles

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

Ownership

Ownership information for 162 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 162 Terrace Place, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
02/08/2013 $425,000 XXXXX, XXXXXXXX XXXXX, XXXXX XXX XXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/17/2021 - R
12/02/2021 - D		 Mortgage and Consolidation
(2021121000026001)		 XXXXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
02/01/2019 - R
01/17/2019 - D		 Agreement
(2019012800372002)		 XXXXX XXXXXXXX XXXX
02/01/2019 - R
01/17/2019 - D		 Mortgage
(2019012800372001)		 XXXXX XXXXXXXX XXXX
12/26/2013 - R
12/10/2013 - D		 Satisfaction of Mortgage
(2013121300816001)		 XXXXX XXXXX XXXXXXXX XXXXX XXXX X X
12/26/2013 - R
12/10/2013 - D		 Satisfaction of Mortgage
(2013121300536001)		 XXXXX XXXXX XXXXXXXX XXXXX XXXX X X
12/06/2013 - R
11/14/2013 - D		 Mortgage
(2013112500345001)		 XXXXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
02/26/2013 - R
02/08/2013 - D		 Deed
(2013021500936001)		 XXXXX XXXXX XXXXX XXXXXXXX
03/13/2012 - R
02/27/2012 - D		 Mortgage
(2012030500326001)		 XXXXX XXXXX X X XXXXXX XXXXX XXXX XX
07/29/2009 - R
07/14/2009 - D		 Satisfaction of Mortgage
(2009071401149001)		 XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/10/2003 - R Subordination of Mortgage
(2003091201288003)		 XXXXXXXXXX XXXXXX XXXX XX XXXXXXXXXX XXXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 162 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
$9,704
Municipal exemptions
Recent tax assessments
Market value
$1,958,000
Assessed value
$117,480

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 $1,928,000 $115,680 $48,885 19.843% $9,982 $9,700 -0.49%
2024/25 $1,771,000 $106,260 $48,532 20.085% $10,017 $9,748 +6.24%
2023/24 $1,925,000 $115,500 $45,681 20.085% $9,456 $9,175 +5.14%
2022/23 $1,944,000 $116,640 $42,969 20.309% $9,023 $8,727 +7.99%
2021/22 $1,719,000 $103,140 $40,481 19.963% $8,369 $8,081 -5.21%
2020/21 $1,888,000 $113,280 $40,511 21.045% $8,822 $8,526 +0.29%
2019/20 $1,873,000 $112,380 $40,160 21.167% $8,797 $8,501 +7.58%
2018/19 $1,665,000 $99,900 $37,774 20.919% $8,207 $7,902 +9.03%
2017/18 $1,997,000 $119,820 $35,554 20.385% $7,547 $7,248 +8.60%
2016/17 $1,609,000 $96,540 $33,384 19.991% $6,984 $6,674 -2.30%
Permits

Permit information for 162 Terrace Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/10/1999 Alteration type 2

*Most recent permit 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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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)
0.179
View subway map

Access the detailed traffic volume map for 162 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 0.13
Holy Name Of Jesus School NR No Private PK, K-8 239 0.39
Holy Name Of Jesus School NR No Private PK, K-8 239 0.39
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.39
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.39
International Christian School NR No Private PK-12 85 0.40
P.S. 130 The Parkside 6 No Public PK, K-5 834 0.44
P.S. 130 The Parkside 6 No Public PK, K-5 834 0.44
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.53
P.S. 107 John W Kimball 8 No Public PK, K-5 501 0.60
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
MS 442 Carroll Gardens School for Innovation 9 No Public 6-8 344 0.36
Brooklyn Urban Garden Charter School 6 No Charter 6-8 310 0.36
Holy Name Of Jesus School NR No Private PK, K-8 239 0.39
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.39
International Christian School NR No Private PK-12 85 0.40
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.52
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.53
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.53
Middle 839 5 No Public 6-8 321 0.53
P.S. 53 NR No Public K-12 410 0.72
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
International Christian School NR No Private PK-12 85 0.40
Brooklyn College Academy 7 No Public 9-12 631 0.47
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.52
Mesilas Bais Yaakov NR No Private 9-12 260 0.52
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.53
P.S. 53 NR No Public K-12 410 0.72
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.75
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.79
St Saviour High School NR No Private 9-12 400 0.81
John Jay School for Law 3 No Public 9-12 461 0.98

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

Neighbors for 162 Terrace Place, Brooklyn, NY

186 Terrace Pl, Brooklyn 194 Terrace Pl, Brooklyn 160 Terrace Pl, Brooklyn 156 Terrace Pl, Brooklyn 172 Terrace Pl, Brooklyn 180 Terrace Pl, Brooklyn 200 Terrace Pl, Brooklyn 154 Terrace Pl, Brooklyn 171 Seeley St, Brooklyn 164 Terrace Pl, Brooklyn 168 Terrace Pl, Brooklyn 176 Terrace Pl, Brooklyn 190 Terrace Pl, Brooklyn 198 Terrace Pl, Brooklyn 1163 Prospect Ave, Brooklyn 169 Seeley St, Brooklyn 175 Seeley St, Brooklyn 1149 Prospect Ave, Brooklyn 167 Seeley St, Brooklyn 158 Terrace Pl, Brooklyn

Nearby ZIP codes for 162 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 162 Terrace Place, Brooklyn, NY 11218?

The development at 162 Terrace Place, Brooklyn, NY 11218 was built in 1930.

What is the total square footage of 162 Terrace Place, Brooklyn, NY 11218?

162 Terrace Place, Brooklyn, NY 11218 has a total of 2,080 square feet.

When was 162 Terrace Place, Brooklyn, NY 11218 last sold and what was the sale price?

162 Terrace Place, Brooklyn, NY 11218 was last sold on 02/08/2013 for $425,000.

What is the assessed value of 162 Terrace Place, Brooklyn, NY 11218?

162 Terrace Place, Brooklyn, NY 11218 is currently assessed at $117,480.

What are the property taxes for 162 Terrace Place, Brooklyn, NY 11218?

The property taxes for 162 Terrace Place, Brooklyn, NY 11218 total $9,704.

How many residential units does this building have?

This building has 2 residential unit(s).

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