New York City » 11218 » Terrace Pl » 198 Terrace Pl

198 Terrace Place, Brooklyn, NY 11218 - Property report

Also known as: 198 Terrace Pl

Property image for 198 Terrace Place, Brooklyn, NY 11218

Property type

Miscellaneous One Family (A9)

Year built

1920

Lot sq. ft.

2,125

Sale price

$1,450,000

General information

Address

Primary address

198 Terrace Place

ZIP code

11218

Neighborhood

Windsor Terrace

Borough

Brooklyn

Block & lot

05256-0127

Building

Property type

Miscellaneous One Family (A9)

Building sq. ft.

3,067

Building dimensions

21 ft x 55 ft

Buildings on lot

Stories

Year built

1920

Last altered

2007

Building material

Brick

Exterior wall

Stucco

Basement

Garage type

Basement Garage

Sales

Sale date

11/30/2009

Sale price

$1,450,000

Tax

Tax year

2026-2027

Property tax

$12,509

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Terrace Place (wide)

Distance to wide street

Lot dimensions

25 ft x 85 ft

Lot sq. ft.

2,125

Area overview

Walk score

83 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

82 /100. Very Bikeable

School district

Community district

Closest police station

1.34 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 198 Terrace Place, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 198 Terrace Place, Brooklyn, NY 11218

Sale date	Sale price	Buyer name	Seller name
11/30/2009	$1,450,000	XXXXXXXXX, XXXXX XXX XXXXXXXXX, XXXXX	XXXXXX, XXXXXXXX
12/12/2008	$1,450,000	XXXXXX, XXXXXXXX	XXXXXXXXX-XXXXXX, XXXX X XXX XXXXXX, XXXXXXX X
12/09/2005	$1,085,000	XXXXXX, XXXXXXX X XXX XXXXXXXXX-XXXXXX, XXXX X	XXXX, XXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/06/2017 - R 10/30/2017 - D	Assignment, Mortgage (2017110300209001)	XXXXXXXX XX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
11/30/2012 - R 09/18/2012 - D	Assignment, Mortgage (2012112800619001)	XXXXXXXXXXXX XX X	XXXXXXXX X X
11/30/2012 - R 09/10/2012 - D	Agreement (2012112800619003)	XXXXXXXXX XXXXX	XXXXXXXX X X
11/30/2012 - R 09/10/2012 - D	Mortgage (2012112800619002)	XXXXXXXXX XXXXX	XXXXXXXX X X
12/10/2009 - R 11/30/2009 - D	Mortgage (2009120300752002)	XXXXXXXXX XXXXX	XXXX
12/10/2009 - R 11/30/2009 - D	Deed (2009120300752001)	XXXXXX XXXXXXXX	XXXXXXXXX XXXXX
01/09/2009 - R 01/02/2009 - D	Satisfaction of Mortgage (2009010200534001)	XXXXXX XXXXXXX X	XXXX XX XXXXXXX X X
12/26/2008 - R 12/22/2008 - D	Satisfaction of Mortgage (2008122200950001)	XXXXXXXXXXXXXXX XXXX X	XXXX XX XXXXXXX X X
12/23/2008 - R 12/12/2008 - D	Deed (2008121900008001)	XXXXXXXXXXXXXXX XXXX X	XXXXXX XXXXXXXX
12/23/2008 - R 12/10/2008 - D	Satisfaction of Mortgage (2008121700040001)	XXXX XXXXXXX X	XXXXXXXX XXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 198 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

$12,509

Municipal exemptions

Recent tax assessments

Market value

$2,963,000

Assessed value

$177,780

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	$3,299,000	$197,940	$61,260	19.843%	$12,156	$12,156	+4.72%
2024/25	$2,629,000	$157,740	$57,792	20.085%	$11,608	$11,608	+6.00%
2023/24	$3,176,000	$190,560	$54,522	20.085%	$10,951	$10,951	+2.64%
2022/23	$2,815,000	$168,900	$52,532	20.309%	$10,669	$10,669	+1.73%
2021/22	$2,288,000	$137,280	$52,532	19.963%	$10,487	$10,487	-2.39%
2020/21	$2,225,000	$133,500	$51,050	21.045%	$10,743	$10,743	+5.39%
2019/20	$2,136,000	$128,160	$48,160	21.167%	$10,194	$10,194	+10.82%
2018/19	$2,088,000	$125,280	$43,975	20.919%	$9,505	$9,199	+6.67%
2017/18	$2,587,000	$155,220	$42,307	20.385%	$8,924	$8,624	+2.16%
2016/17	$1,937,000	$116,220	$42,227	19.991%	$8,751	$8,442	+5.39%

Permits

Permit information for 198 Terrace Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/04/2010	Alteration type 2
03/10/2008	Alteration type 1
06/15/2006	Alteration type 1

*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

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Prospect Ave & Reeve Pl at SE Corner

Station lines

Distance (miles)

0.208

View subway map

Access the detailed traffic volume map for 198 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	0.12
International Christian School	NR	No	Private	PK-12	85	0.40
International Christian School	NR	No	Private	PK-12	85	0.40
St. Joseph the Worker Catholic Academy	NR	No	Private	PK-8	186	0.40
St. Joseph the Worker Catholic Academy	NR	No	Private	PK-8	186	0.40
Holy Name Of Jesus School	NR	No	Private	PK, K-8	239	0.40
P.S. 130 The Parkside	6	No	Public	PK, K-5	834	0.47
P.S. 130 The Parkside	6	No	Public	PK, K-5	834	0.47
BROOKLYN PROSPECT CS -CSD 15.2	7	No	Charter	K-1, 6-12	1,084	0.57
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)
International Christian School	NR	No	Private	PK-12	85	0.40
Brooklyn Urban Garden Charter School	6	No	Charter	6-8	310	0.40
MS 442 Carroll Gardens School for Innovation	9	No	Public	6-8	344	0.40
St. Joseph the Worker Catholic Academy	NR	No	Private	PK-8	186	0.40
Holy Name Of Jesus School	NR	No	Private	PK, K-8	239	0.40
Middle 839	5	No	Public	6-8	321	0.55
Brooklyn Prospect Charter School	NR	No	Charter	8-12	677	0.55
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	0.75

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	0.48
Mesilas Bais Yaakov	NR	No	Private	9-12	260	0.55
Brooklyn Prospect Charter School	NR	No	Charter	8-12	677	0.55
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	0.75
Yeshivat Shaare Torah Girls' D	NR	No	Private	PK, K-12	0	0.78
St Saviour High School	NR	No	Private	9-12	400	0.79
Talmudical Yeshiva of Philadel	NR	No	Private	9-12	0	0.81
John Jay School for Law	3	No	Public	9-12	461	0.96

Frequently asked questions

What is the year built for 198 Terrace Place, Brooklyn, NY 11218?

The development at 198 Terrace Place, Brooklyn, NY 11218 was built in 1920.

What is the total square footage of 198 Terrace Place, Brooklyn, NY 11218?

198 Terrace Place, Brooklyn, NY 11218 has a total of 3,067 square feet.

When was 198 Terrace Place, Brooklyn, NY 11218 last sold and what was the sale price?

198 Terrace Place, Brooklyn, NY 11218 was last sold on 11/30/2009 for $1,450,000.

What is the assessed value of 198 Terrace Place, Brooklyn, NY 11218?

198 Terrace Place, Brooklyn, NY 11218 is currently assessed at $177,780.

What are the property taxes for 198 Terrace Place, Brooklyn, NY 11218?

The property taxes for 198 Terrace Place, Brooklyn, NY 11218 total $12,508.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.