New York City » 11218 » Terrace Pl » 16 Terrace Pl

16 Terrace Place, Brooklyn, NY 11218 - Property report

Also known as: 16 Terrace Pl

Property image for 16 Terrace Place, Brooklyn, NY 11218

Property type

Two Family Brick (B1)

Year built

1931

Lot sq. ft.

3,708

Sale price

$850,000

General information

Address

Primary address

16 Terrace Place

Alternate address(es)

16 Garage Terrace Pl

ZIP code

11218

Neighborhood

Windsor Terrace

Borough

Brooklyn

Block & lot

05260-0012

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,720

Building dimensions

20 ft x 68.17 ft

Buildings on lot

Stories

Year built

1931

Last altered

2013

Building material

Brick

Exterior wall

Combination

Basement

Sales

Sale date

06/22/2004

Sale price

$850,000

Tax

Tax year

2026-2027

Property tax

$5,922

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

37.08 ft x 100 ft

Lot sq. ft.

3,708

Area overview

Walk score

83 /100. Very Walkable

Transit score

92 /100. Rider's Paradise

Bike score

53 /100. Bikeable

School district

Community district

Closest police station

1.08 Miles

Closest fire station

0.30 Miles

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

Units for 16 Terrace Place, Brooklyn, NY

Unit	Sale date	Sale price
Unit 4	12/29/2011

Ownership

Ownership information for 16 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 16 Terrace Place, Brooklyn, NY 11218

Sale date	Sale price	Buyer name	Seller name
06/22/2004	$850,000	XXXXXXX, XXXX	XXXXXXX, XXXXXXXX XXX XXXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/20/2026 - R 12/01/2025 - D	Deed (2026012000127001)	XXXXXX XXXXXXX X	XXXXXXXXXXX XXXXX
03/07/2022 - R 02/25/2022 - D	Satisfaction of Mortgage (2022022800179001)	XXXXXX XXXXXXX XXX	XX XXXX X X
07/20/2016 - R 06/25/2016 - D	Mortgage (2016071500212001)	XXXXXX XXXXXXX XXX	XX XXXX X X
08/10/2004 - R 06/22/2004 - D	Deed, Other (2004071300769002)	XXXXXXX XXXXXXXX	XXXXXXX XXXX
08/10/2004 - R 06/17/2004 - D	Power of Attorney (2004071300769001)	XXXXXXX XXXXX	XXXXXXX XXXXXXXX
03/31/1993 - R	Satisfaction of Mortgage (3210001760921)	XXXXXXX XXXXXXXX	XXXXXXXX XXXX XX XXXX
11/30/1972 - R	Mortgage (37230059800976)	XXXXXXX XXXXXXXX	XXXXXXXX XXXX XXXX XXXX XXXX XX XXXXX
11/30/1972 - R	Deed (37230059800974)	XXXXXXX XXXXXXXXX	XXXXXXX XXXXXXXX
08/06/1971 - R	Mortgage (37130050000573)	XXXXXXX XXXXXXXXX	XXXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 16 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

$5,922

Municipal exemptions

Recent tax assessments

Market value

$2,235,000

Assessed value

$134,100

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	$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%
2020/21	$1,986,000	$119,160	$48,368	21.045%	$10,179	$10,179	+4.24%
2019/20	$1,869,000	$112,140	$46,132	21.167%	$9,765	$9,765	+32.73%
2018/19	$2,462,000	$147,720	$35,167	20.919%	$7,357	$7,357	+8.77%
2017/18	$1,663,000	$99,780	$33,177	20.385%	$6,763	$6,763	+1.97%
2016/17	$1,500,000	$90,000	$33,177	19.991%	$6,632	$6,632	+3.01%

Permits

Permit information for 16 Terrace Place, Brooklyn, NY

Filing date	Job type	Job description
02/03/2023	Alteration	XXXXXXXXXX XXXXXX XXX XXXXXXXXXXXX XX XX XXX XXXX XXXXXXX XXXXX XXXXXXX X XXXXXX. (XX XXXXXXX XX XXXX XXXXX). XXX XXXX XXXXXX, X XXXXXXX XX XX XXX XX XXXXXX XXXX XX XXXXXXX XXXXXXXXXX XX XXX XXXX XXXX XXXXXXXX XXXX X XXXXXXX XXXXXXXXXX XX XXXXXXXXXX XXXXXXXX. XXXX X XXXXXXX XXXXXXXXXX XX XXX XXXXXXXXXX XXXX XXX XXXXX XXXX X XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXX XX XXXX XXXX XXX XX XXXX XXXXXXX XXXXX
01/03/2023	Alteration type 2
04/26/2017	Alteration type 2
11/15/2012	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/06/2026	A
	06/11/2025	A
	11/27/2024	I

*Most recent HPD violations on record 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)

0.26

View subway map

Access the detailed traffic volume map for 16 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)
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
Immaculate Heart Of Mary	NR	No	Private	PK, K-8	208	0.40
Holy Name Of Jesus School	NR	No	Private	PK, K-8	239	0.42
Holy Name Of Jesus School	NR	No	Private	PK, K-8	239	0.42
St. Joseph the Worker Catholic Academy	NR	No	Private	PK-8	186	0.43
P.S. 230 Doris L Cohen	7	No	Public	PK, K-5	969	0.54

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
Holy Name Of Jesus School	NR	No	Private	PK, K-8	239	0.42
St. Joseph the Worker Catholic Academy	NR	No	Private	PK-8	186	0.43
International Christian School	NR	No	Private	PK-12	85	0.49
Middle 839	5	No	Public	6-8	321	0.55
Jhs 88 Peter Rouget	6	No	Public	6-8	1,024	0.61

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
P.S. 53	NR	No	Public	K-12	410	0.61
Yeshivat Shaare Torah Girls' D	NR	No	Private	PK, K-12	0	0.68
Yeshiva Machzikel Hadas	NR	No	Private	12	0	0.72
Talmudical Yeshiva of Philadel	NR	No	Private	9-12	0	0.73
West Brooklyn Community High School	3	No	Public	10-12	161	0.96

Frequently asked questions

What is the year built for 16 Terrace Place, Brooklyn, NY 11218?

The development at 16 Terrace Place, Brooklyn, NY 11218 was built in 1931.

What is the total square footage of 16 Terrace Place, Brooklyn, NY 11218?

16 Terrace Place, Brooklyn, NY 11218 has a total of 2,720 square feet.

When was 16 Terrace Place, Brooklyn, NY 11218 last sold and what was the sale price?

16 Terrace Place, Brooklyn, NY 11218 was last sold on 06/22/2004 for $850,000.

What is the assessed value of 16 Terrace Place, Brooklyn, NY 11218?

16 Terrace Place, Brooklyn, NY 11218 is currently assessed at $134,100.

What are the property taxes for 16 Terrace Place, Brooklyn, NY 11218?

The property taxes for 16 Terrace Place, Brooklyn, NY 11218 total $11,588.

How many residential units does this building have?

This building has 2 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.