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162 Terrace Place, Brooklyn, NY 11218 Property Information

162 Terrace Place, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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162 Terrace Place, Brooklyn, NY 11218 2
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Address

Primary address 162 Terrace Place
Secondary address 162 Garage Terrace Pl
Neighborhood Windsor Terrace
Zip code 11218
Borough Brooklyn
Block & lot 05256-0084

Sales & Tax Overview for 162 Terrace Place, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 02/08/2013
Purchase price $425,000
Tax class
Estimated property tax $9,700

Lot & Building Information for 162 Terrace Place, Brooklyn

Lot sqft 2,950
Lot dimensions 29.5 ft x 100 ft
Building class Two Family Brick (B1)
Building sqft 2,080
Building dimensions 20.5 ft x 52 ft
Buildings on lot 2
Stories 2
Structure type Row
Building material Brick
Exterior wall Stucco
Basement type Full
Garage type Detached, frame garage
Year built 1930
Frontage(s) Terrace Place (wide)
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Zoning & Use for 162 Terrace Place, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

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

Other Property Data for 162 Terrace Place, Brooklyn

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Floor area ratio (FAR) for 162 Terrace Place, Brooklyn, NY 11218, 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 162 Terrace Place, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 162 Garage Terrace Pl, Brooklyn, NY 11218

About 162 Terrace Place, Brooklyn

What is the year built & the total sq. ft. for 162 Terrace Place, Brooklyn, NY 11218?

162 Terrace Place, Brooklyn, NY 11218 was built in 1930 and has a total of 2,080 square feet.

What is the assessed value of 162 Terrace Place, Brooklyn, NY 11218 and the property tax paid?

Assessed at $115,680, the tax amount paid for 162 Terrace Place, Brooklyn, NY 11218 is $9,700. For the next year, the tax amount for 162 Terrace Place, Brooklyn, NY 11218 is estimated at $9,700.

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

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

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 162 Terrace Place, Brooklyn

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Property owner name for 162 Terrace Place, Brooklyn, NY 11218
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Building contacts for 162 Terrace Place, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 162 Terrace Place, Brooklyn

Create a free account to view the complete sales history for 162 Terrace Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/08/2013 $425,000

Title Documents for 162 Terrace Place, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/02/2021 - D
12/17/2021 - R		 Mortgage and Consolidation
(2021121000026001)
01/17/2019 - D
02/01/2019 - R		 Agreement
(2019012800372002)
01/17/2019 - D
02/01/2019 - R		 Mortgage
(2019012800372001)
12/10/2013 - D
12/26/2013 - R		 Satisfaction of Mortgage
(2013121300816001)
12/10/2013 - D
12/26/2013 - R		 Satisfaction of Mortgage
(2013121300536001)
11/14/2013 - D
12/06/2013 - R		 Mortgage
(2013112500345001)
02/08/2013 - D
02/26/2013 - R		 Deed
(2013021500936001)
02/27/2012 - D
03/13/2012 - R		 Mortgage
(2012030500326001)
07/14/2009 - D
07/29/2009 - R		 Satisfaction of Mortgage
(2009071401149001)
12/10/2003 - R Subordination of Mortgage
(2003091201288003)
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R: Recorded date
D: Document date

Property Taxes for 162 Terrace Place, Brooklyn

Access detailed property tax data for 162 Terrace Place, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $9,700
Estimated property tax: $9,700
Tax assessor's market value: $1,928,000
Assessed value: $115,680
Exemptions granted by city:

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Assessment History for 162 Terrace Place, Brooklyn

Here's the assessment & property tax history for 162 Terrace Place, 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 $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%
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Permits for 162 Terrace Place, Brooklyn

The complete history of permits filed for 162 Terrace Place, 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
08/10/1999 Alteration type 2
         
         
         
         
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More about New York City Property Records

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
$987,500
27.4% YoY
Median Price/Sqft
$1,075
5.3% 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 Prospect Ave & Reeve Pl at SE Corner
Station lines F
Distance (miles) 0.179
View subway map
Bus Routes
Name Prospect Pk Sw/Terrace Pl
Line B68
Distance (miles) 0.129

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 162 Terrace Place, Brooklyn

Here are the neighbors for 162 Terrace Place, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
186 Terrace Pl, Brooklyn 2,240 09/30/2025
194 Terrace Pl, Brooklyn 3,007 07/09/2013 $1,325,000
160 Terrace Pl, Brooklyn 1,336 08/22/1967
156 Terrace Pl, Brooklyn 1,336 08/27/2013 $1,100,000
172 Terrace Pl, Brooklyn 2,080 07/13/2020
180 Terrace Pl, Brooklyn 2,240 08/28/2023 $1,925,000
200 Terrace Pl, Brooklyn 3,705 05/23/2017
154 Terrace Pl, Brooklyn 1,336
171 Seeley St, Brooklyn 1,336 12/09/2004 $715,000
164 Terrace Pl, Brooklyn 2,080 07/15/1998
168 Terrace Pl, Brooklyn 2,080 07/16/1993
176 Terrace Pl, Brooklyn 2,144 02/08/2023 $2,000,000
190 Terrace Pl, Brooklyn 2,240 04/21/1988
198 Terrace Pl, Brooklyn 3,067 11/30/2009 $1,450,000
1163 Prospect Ave, Brooklyn 10,600 06/23/1994
169 Seeley St, Brooklyn 1,336 09/23/2011
175 Seeley St, Brooklyn 1,336 12/10/2021
1149 Prospect Ave, Brooklyn 5,500 07/18/1985
167 Seeley St, Brooklyn 1,336 08/03/2022 $1,220,000
158 Terrace Pl, Brooklyn 1,336 04/25/2025
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