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16 Terrace Place, Brooklyn, NY 11218 Property Information

16 Terrace Place, Brooklyn, NY 11218 Property Information

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

Primary address 16 Terrace Place
Secondary address 16 Garage Terrace Pl
Neighborhood Windsor Terrace
Zip code 11218
Borough Brooklyn
Block & lot 05260-0012

Sales & Tax Overview for 16 Terrace Place, Brooklyn

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Purchase date 06/22/2004
Purchase price $850,000
Tax class

Lot & Building Information for 16 Terrace Place, Brooklyn

Lot sq. ft. 3,708
Lot dimensions 37.08 ft x 100 ft
Property type Two Family Brick (B1)
Building sqft 2,720
Building dimensions 20 ft x 68.17 ft
Buildings on lot 2
Stories 2
Structure type Old style
Building material Brick
Exterior wall Combination
Basement type Full
Year built 1931
Year last altered 2013
Frontage Terrace Place (wide)
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Zoning & Use for 16 Terrace Place, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 1.08 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 16 Terrace Place, Brooklyn

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Floor area ratio (FAR) for 16 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 16 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.

  • 16 Garage Terrace Pl, Brooklyn, NY 11218

About 16 Terrace Place, Brooklyn

What is the year built & the total sq. ft. for 16 Terrace Place, Brooklyn, NY 11218?

16 Terrace Place, Brooklyn, NY 11218 was built in 1931 and has a total of 2,720 square feet.

What is the assessed value of 16 Terrace Place, Brooklyn, NY 11218 and the property tax paid?

Assessed at $134,100, the tax amount paid for 16 Terrace Place, Brooklyn, NY 11218 is $11,588.

When was 16 Terrace Place, Brooklyn, NY 11218 last sold?

16 Terrace Place, Brooklyn, NY 11218 was last sold in 12/01/2025.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 16 Terrace Place, Brooklyn

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Property owner name for 16 Terrace Place, Brooklyn, NY 11218
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Building contacts for 16 Terrace Place, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
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Past Sales & Property History for 16 Terrace Place, Brooklyn

Create a free account to view the complete sales history for 16 Terrace Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
06/22/2004 $850,000

Title Documents for 16 Terrace Place, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
01/20/2026 - R
12/01/2025 - D
Deed
(2026012000127001)
03/07/2022 - R
02/25/2022 - D
Satisfaction of Mortgage
(2022022800179001)
07/20/2016 - R
06/25/2016 - D
Mortgage
(2016071500212001)
08/10/2004 - R
06/22/2004 - D
Deed, Other
(2004071300769002)
08/10/2004 - R
06/17/2004 - D
Power of Attorney
(2004071300769001)
03/31/1993 - R Satisfaction of Mortgage
(3210001760921)
11/30/1972 - R Mortgage
(37230059800976)
11/30/1972 - R Deed
(37230059800974)
08/06/1971 - R Mortgage
(37130050000573)
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R: Recorded date
D: Document date

Property Taxes for 16 Terrace Place, Brooklyn

Access detailed property tax data for 16 Terrace Place, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $5,922
Tax assessor's market value: $2,235,000
Assessed value: $134,100

Assessment History for 16 Terrace Place, Brooklyn

Here's the assessment & property tax history for 16 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 $2,566,000 $153,960 $57,367 19.843% $11,383 $5,716 +9.87%
2024/25 $2,453,000 $147,180 $54,120 20.085% $10,870 $5,203 -49.26%
2023/24 $2,168,000 $130,080 $51,057 20.085% $10,255 $10,255 +3.75%
2022/23 $2,166,000 $129,960 $48,669 20.309% $9,884 $9,884 +1.73%
2021/22 $2,376,000 $142,560 $48,669 19.963% $9,716 $9,716 -4.55%

Permits for 16 Terrace Place, Brooklyn

The complete history of permits filed for 16 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
02/03/2023 Alteration
01/03/2023 Alteration type 2
04/26/2017 Alteration type 2
11/15/2012 Alteration type 1
         
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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
$722,500
-27.7% YoY
Median Price/Sqft
$1,181
19.1% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

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) 0.26
View subway map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 130 The Parkside 6 Yes Public PK, K-5 834 0.39
P.S. 130 The Parkside 6 Yes Public PK, K-5 834 0.39
Windsor Terrace School (The) 8 No Public K-5 413 0.35
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.39
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.40

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Brooklyn Urban Garden Charter School 6 No Charter 6-8 310 0.23
MS 442 Carroll Gardens School for Innovation 9 No Public 6-8 344 0.23
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.39
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.39
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.40

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.39
Mesilas Bais Yaakov NR No Private 9-12 260 0.39
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.39
International Christian School NR No Private PK-12 85 0.49
Brooklyn College Academy 7 No Public 9-12 631 0.55

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 16 Terrace Place, Brooklyn

Here are the neighbors for 16 Terrace Place, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
20 Terrace Pl, Brooklyn 16,920 11/19/2025 $6,900,000
608 20th St, Brooklyn 2,790 06/28/2024 $2,850,000
12 Terrace Pl, Brooklyn 2,452 12/14/2012 $1,025,000
612 20th St, Brooklyn 1,710 06/13/2012 $785,000
63 Seeley St, Brooklyn 2,650 08/08/1980
3 Seeley St, Brooklyn 3,423 08/16/2006
597 16th St, Brooklyn 1,770 06/16/2017 $2,000,000
98 Prospect Park SW, Brooklyn 2,560 12/05/2022 $3,050,000
101 Prospect Park SW, Brooklyn 14,702
605 16th St, Brooklyn 2,041 03/05/2020 $1,350,000
610 20th St, Brooklyn 2,583 04/29/1993
61 Seeley St, Brooklyn 1,940 07/29/1997
59 Seeley St, Brooklyn 2,910 09/26/2023 $2,515,000
45 Seeley St, Brooklyn 2,892 12/01/2000
43 Seeley St, Brooklyn 2,892 06/28/2007
2 Terrace Pl, Brooklyn 3,782 02/22/2010
94 Prospect Park SW, Brooklyn 3,240 05/14/2024
603 16th St, Brooklyn 2,250 12/14/2010 $835,000
39 Seeley St, Brooklyn 2,892 04/04/2022
14 Terrace Pl, Brooklyn 2,397 10/06/1997
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