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54 Terrace Place, Brooklyn, NY 11218 Property Information

54 Terrace Place, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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54 Terrace Place, Brooklyn, NY 11218 1
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Address

Primary address 54 Terrace Place
Secondary address 619 20th St
Neighborhood Windsor Terrace
Zip code 11218
Borough Brooklyn
Block & lot 05261-0008

Sales & Tax Overview for 54 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 10/21/2010
Purchase price $750,000
Tax class
Estimated property tax $7,857

Lot & Building Information for 54 Terrace Place, Brooklyn

Lot sqft 2,392
Lot dimensions 49.83 ft x 48 ft
Building class Two Stories Detached (Small or Moderate Size, with or without Attic) (A1) i
Building sqft 2,160
Building dimensions 34 ft x 20 ft
Buildings on lot 1
Stories 2
Structure type Colonial
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1940
Frontage(s) 20 Street (wide)
Terrace Place (wide)
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Zoning & Use for 54 Terrace Place, Brooklyn

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 1.13 Miles
Closest fire station 0.28 Miles

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

Other Property Data for 54 Terrace Place, Brooklyn

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Floor area ratio (FAR) for 54 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 54 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.

  • 619 20th St, Brooklyn, NY 11218

About 54 Terrace Place, Brooklyn

What is the year built & the total sq. ft. for 54 Terrace Place, Brooklyn, NY 11218?

54 Terrace Place, Brooklyn, NY 11218 was built in 1940 and has a total of 2,160 square feet.

What is the assessed value of 54 Terrace Place, Brooklyn, NY 11218 and the property tax paid?

Assessed at $157,620, the tax amount paid for 54 Terrace Place, Brooklyn, NY 11218 is $7,851. For the next year, the tax amount for 54 Terrace Place, Brooklyn, NY 11218 is estimated at $7,857.

When was 54 Terrace Place, Brooklyn, NY 11218 last sold and what was the last sale price?

54 Terrace Place, Brooklyn, NY 11218 was last sold in 10/21/2010 for $750,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 54 Terrace Place, Brooklyn

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Property owner name for 54 Terrace Place, Brooklyn, NY 11218
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Building contacts for 54 Terrace Place, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
Laura Pop-Badiu, Jan 29, 2026 Hudson Yards Leads for 7th Consecutive Year, Despite Y-o-Y Price Drop
Prices continued to rise across most of the 50 priciest New York City neighborhoods in 2025, with increases of up to 39% year-over-year. Hudson Yards remained the most expensive NYC neighborhood for the seventh consecutive year, despite its median sale price dropping.
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Past Sales & Property History for 54 Terrace Place, Brooklyn

Create a free account to view the complete sales history for 54 Terrace Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/21/2010 $750,000

Title Documents for 54 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
06/22/2021 - D
08/06/2021 - R
Agreement
(2021072700851002)
06/22/2021 - D
08/06/2021 - R
Mortgage
(2021072700851001)
09/25/2017 - D
10/20/2017 - R
Agreement
(2017101300141003)
09/25/2017 - D
10/20/2017 - R
Mortgage
(2017101300141002)
08/25/2017 - D
10/20/2017 - R
Assignment, Mortgage
(2017101300141001)
04/04/2013 - D
05/24/2013 - R
Agreement
(2013050901612001)
04/04/2013 - D
05/03/2013 - R
Mortgage
(2013041801583001)
05/19/2011 - D
06/14/2011 - R
Satisfaction of Mortgage
(2011052000040001)
11/12/2010 - D
04/08/2011 - R
Satisfaction of Mortgage
(2010111800045001)
10/21/2010 - D
10/28/2010 - R
Mortgage
(2010102700058002)
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R: Recorded date
D: Document date

Property Taxes for 54 Terrace Place, Brooklyn

Access detailed property tax data for 54 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: $7,851
Estimated property tax: $7,857
Tax assessor's market value: $2,627,000
Assessed value: $157,620
Exemptions granted by city:

Assessment History for 54 Terrace Place, Brooklyn

Here's the assessment & property tax history for 54 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 $2,627,000 $157,620 $39,568 19.843% $8,133 $7,851 +4.65%
2024/25 $2,181,000 $130,860 $37,355 20.085% $7,772 $7,503 +1.04%
2023/24 $2,626,000 $157,560 $36,972 20.085% $7,707 $7,426 +5.19%
2022/23 $2,187,000 $131,220 $34,761 20.309% $7,356 $7,060 +8.01%
2021/22 $2,094,000 $125,640 $32,740 19.963% $6,823 $6,536 -5.16%

Permits for 54 Terrace Place, Brooklyn

The complete history of permits filed for 54 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.

No recorded permits for this property.

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

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) 0.215
View subway map
Bus Routes
Name MC Donald Av/Terrace Pl
Line B67
Distance (miles) 0.093

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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 0.29
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

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Brooklyn Urban Garden Charter School 6 No Charter 6-8 310 0.24
MS 442 Carroll Gardens School for Innovation 9 No Public 6-8 344 0.24
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 0.40
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.41

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Mesilas Bais Yaakov NR No Private 9-12 260 0.40
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.41
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.42
International Christian School NR No Private PK-12 85 0.46
Brooklyn College Academy 7 No Public 9-12 631 0.52

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

Neighbors for 54 Terrace Place, Brooklyn

Here are the neighbors for 54 Terrace Place, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
91 Seeley St, Brooklyn 1,800 04/04/2025 $2,375,000
11 Seeley St, Brooklyn 3,120 06/17/2025 $1,750,000
95 Seeley St, Brooklyn 1,888 03/27/1967
93 Seeley St, Brooklyn 1,888 02/21/2007
9 Seeley St, Brooklyn 3,120 11/01/2025
33 Seeley St, Brooklyn 2,651 05/25/2004 $700,000
74 Terrace Pl, Brooklyn 1,930 08/19/1988
64 Terrace Pl, Brooklyn 1,930 05/19/2015 $1,412,500
72 Terrace Pl, Brooklyn 1,930 04/03/2013 $890,000
13 Seeley St, Brooklyn 3,120 06/16/2000
23 Seeley St, Brooklyn 3,496 06/20/2024 $100
31 Seeley St, Brooklyn 2,892 08/13/2025 $1,720,000
70 Terrace Pl, Brooklyn 2,010 04/13/2017
623 20th St, Brooklyn 1,296 03/16/2010 $650,000
67 Seeley St, Brooklyn 3,076 12/29/2017
60 Terrace Pl, Brooklyn 1,800 08/04/1987
66 Terrace Pl, Brooklyn 1,930 10/20/1995
19 Seeley St, Brooklyn 3,432 03/03/2021
97 Seeley St, Brooklyn 1,620 03/27/1967
25 Seeley St, Brooklyn 2,528 12/18/2013 $1,425,000
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