New York City » 11218 » Terrace Pl » 72 Terrace Pl

72 Terrace Place, Brooklyn, NY 11218 - Property report

Also known as: 72 Terrace Pl

Property image for 72 Terrace Place, Brooklyn, NY 11218

Property type

One Family Attached or Semi-Detached (A5)

Year built

1940

Lot sq. ft.

2,000

Sale price

$890,000

General information

Address

Primary address

72 Terrace Place

ZIP code

11218

Neighborhood

Windsor Terrace

Borough

Brooklyn

Block & lot

05261-0014

Building

Property type

One Family Attached or Semi-Detached (A5)

Building sq. ft.

1,930

Building dimensions

20 ft x 34 ft

Buildings on lot

Stories

Year built

1940

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Basement Garage

Sales

Sale date

04/03/2013

Sale price

$890,000

Tax

Tax year

2026-2027

Property tax

$7,866

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

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

88 /100. Very Walkable

Transit score

93 /100. Rider's Paradise

Bike score

69 /100. Bikeable

School district

Community district

Closest police station

1.16 Miles

Closest fire station

0.26 Miles

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

Ownership

Ownership information for 72 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 72 Terrace Place, Brooklyn, NY 11218

Sale date	Sale price	Buyer name	Seller name
04/03/2013	$890,000	XXXXXX, XXXXX X XXX XXXXXX, XXXXX X	XXXX, XXXXXXX X XXX XXXX, XXXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/05/2022 - R 09/01/2021 - D	Agreement (2021122101371003)	XXXXXX XXXXX X	XXXXXXXX XXXXX XXXX X X
01/05/2022 - R 09/01/2021 - D	Mortgage (2021122101371002)	XXXXXX XXXXX X	XXXXXXXX XXXXX XXXX X X
01/05/2022 - R 05/20/2021 - D	Assignment, Mortgage (2021122101371001)	XXXX	XXXXXXXX XXXXX XXXX X X
05/08/2013 - R 04/17/2013 - D	Satisfaction of Mortgage (2013042201116001)	XXXX XXXXXXX X	XXXXXXXXX XXXXXX XXXXX
05/08/2013 - R 04/17/2013 - D	Satisfaction of Mortgage (2013042201075001)	XXXX XXXXXXX X	XXXXXXXXX XXXXXX XXXXX
04/30/2013 - R 04/03/2013 - D	Mortgage (2013040500296002)	XXXXXX XXXXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
04/30/2013 - R 04/03/2013 - D	Deed (2013040500296001)	XXXX XXXXXXX X	XXXXXX XXXXX X
04/30/2013 - R 04/02/2013 - D	Satisfaction of Mortgage (2013040500296003)	XXXX XXXXXXX X	XXXXXX XXXXX
08/27/2012 - R 08/12/2012 - D	Mortgage (2012082001496001)	XXXX XXXXXXX X	XXXXXX XXXXX
06/22/2007 - R 04/23/2007 - D	Satisfaction of Mortgage (2007050700516001)	XXXX XXXXXXX X	XXXXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 72 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

$7,866

Municipal exemptions

Recent tax assessments

Market value

$1,991,000

Assessed value

$119,460

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	$2,286,000	$137,160	$39,628	19.843%	$7,863	$7,863	+4.67%
2024/25	$2,220,000	$133,200	$37,404	20.085%	$7,513	$7,513	+0.87%
2023/24	$2,229,000	$133,740	$37,082	20.085%	$7,448	$7,448	+4.77%
2022/23	$1,917,000	$115,020	$35,003	20.309%	$7,109	$7,109	+7.79%
2021/22	$1,754,000	$105,240	$33,034	19.963%	$6,595	$6,595	-5.10%
2020/21	$1,794,000	$107,640	$33,023	21.045%	$6,950	$6,950	+5.33%
2019/20	$1,984,000	$119,040	$31,170	21.167%	$6,598	$6,598	+2.06%
2018/19	$1,642,000	$98,520	$30,902	20.919%	$6,464	$6,464	+8.72%
2017/18	$1,621,000	$97,260	$29,169	20.385%	$5,946	$5,946	+8.05%
2016/17	$1,319,000	$79,140	$27,528	19.991%	$5,503	$5,503	+2.27%

Permits

Permit information for 72 Terrace Place, Brooklyn, NY

No recently recorded permits 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)

0.195

View subway map

Access the detailed traffic volume map for 72 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	0.27
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
BROOKLYN PROSPECT CS -CSD 15.2	7	No	Charter	K-1, 6-12	1,084	0.42
Immaculate Heart Of Mary	NR	No	Private	PK, K-8	208	0.43
P.S. 230 Doris L Cohen	7	No	Public	PK, K-5	969	0.59

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	0.25
MS 442 Carroll Gardens School for Innovation	9	No	Public	6-8	344	0.25
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
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
Immaculate Heart Of Mary	NR	No	Private	PK, K-8	208	0.43
International Christian School	NR	No	Private	PK-12	85	0.44
Middle 839	5	No	Public	6-8	321	0.53
P.S. 53	NR	No	Public	K-12	410	0.64

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	0.41
Mesilas Bais Yaakov	NR	No	Private	9-12	260	0.42
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	0.44
Brooklyn College Academy	7	No	Public	9-12	631	0.51
P.S. 53	NR	No	Public	K-12	410	0.64
Yeshivat Shaare Torah Girls' D	NR	No	Private	PK, K-12	0	0.69
Talmudical Yeshiva of Philadel	NR	No	Private	9-12	0	0.74
Yeshiva Machzikel Hadas	NR	No	Private	12	0	0.76

Frequently asked questions

What is the year built for 72 Terrace Place, Brooklyn, NY 11218?

The development at 72 Terrace Place, Brooklyn, NY 11218 was built in 1940.

What is the total square footage of 72 Terrace Place, Brooklyn, NY 11218?

72 Terrace Place, Brooklyn, NY 11218 has a total of 1,930 square feet.

When was 72 Terrace Place, Brooklyn, NY 11218 last sold and what was the sale price?

72 Terrace Place, Brooklyn, NY 11218 was last sold on 04/03/2013 for $890,000.

What is the assessed value of 72 Terrace Place, Brooklyn, NY 11218?

72 Terrace Place, Brooklyn, NY 11218 is currently assessed at $119,460.

What are the property taxes for 72 Terrace Place, Brooklyn, NY 11218?

The property taxes for 72 Terrace Place, Brooklyn, NY 11218 total $7,865.

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.