New York City  »  11204  »  16th Ave  »  5516 16th Ave

5516 16th Avenue, Brooklyn, NY 11204 - Property report

Also known as: 5514-5524 16th Ave

Property image for 5516 16th Avenue, Brooklyn, NY 11204
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

2,000

Sale price

$2,250,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
5516 16th Avenue
Alternate address(es)
1583 56th St
5514-5524 16th Ave
ZIP code
11204
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05488-0044

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
3,960
Building dimensions
20 ft x 66 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
11/06/2024
Sale price
$2,250,000
Tax
Tax year
2026-2027
Property tax
$39,232
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100.17 ft
Lot sq. ft.
2,000

Area overview

Walk score
70 /100.  Somewhat Walkable
Transit score
89 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
20
Community district
12
Closest police station
0.13 Miles
Closest fire station
0.42 Miles

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Ownership information for 5516 16th Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 5516 16th Avenue, Brooklyn, NY 11204

Sale date Sale price Buyer name Seller name
11/06/2024 $2,250,000 XXXX XXXXXX XXXXX XXX XX XXXXXXX XXXXXXX XXX
01/10/2024 $2,000,000 XX XXXXXXX XXXXXXX XXX XXXX XXXXXX XXXXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/30/2024 - R
11/06/2024 - D
Assignment of Leases and Rents
(2024121900019001)
XXXX XXXXXX XXXXX XXX XXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXX
12/10/2024 - R
11/06/2024 - D
Assignment, Mortgage
(2024111900007004)
XXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXX XXXXX XXXX XX XXX XXXX
12/10/2024 - R
11/06/2024 - D
Mortgage
(2024111900007003)
XXXX XXXXXX XXXXX XXX XXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXX
12/10/2024 - R
11/06/2024 - D
Assignment of Leases and Rents
(2024111900007002)
XXXX XXXXXX XXXXX XXX XXXXX XXXX XX XXX XXXX
12/10/2024 - R
11/06/2024 - D
Mortgage
(2024111900007001)
XXXX XXXXXX XXXXX XXX XXXXX XXXX XX XXX XXXX
11/19/2024 - R
11/06/2024 - D
Deed
(2024111500678001)
XX XXXXXXX XXXXXXX XXX XXXX XXXXXX XXXXX XXX
01/17/2024 - R
01/10/2024 - D
Deed
(2024011100891001)
XXXX XXXXXX XXXXXXXXXX XXX XX XXXXXXX XXXXXXX XXX
01/29/2024 - R
01/01/2024 - D
Satisfaction of Mortgage
(2024012600358001)
XXXX XXXXXX XXXXXXXXXX XXX XX XXXXXX XXX
12/27/2023 - R
08/20/2023 - D
Mortgage
(2023122000687001)
XXXX XXXXXX XXXXXXXXXX XXX XX XXXXXX XXX
03/14/2023 - R
02/28/2023 - D
Assignment of Tax Lien
(2023030200255003)
XXX XXXX XX XXX XXXX XXXXXX XXX XXXX XX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5516 16th Avenue, 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
$39,232
Municipal exemptions
Recent tax assessments
Market value
$973,000
Assessed value
$437,850

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 $811,000 $364,950 $292,032 12.439% $36,326 $36,326 +7.47%
2024/25 $675,600 $304,020 $270,400 12.5% $33,800 $33,800 +6.71%
2023/24 $563,000 $253,350 $253,350 12.502% $31,674 $31,674 -1.46%
2022/23 $704,000 $316,800 $262,019 12.267% $32,142 $32,142 +8.28%
2021/22 $649,000 $292,050 $242,611 12.235% $29,683 $29,683 +7.72%
2020/21 $712,000 $320,400 $224,640 12.267% $27,557 $27,557 +6.22%
2019/20 $718,000 $323,100 $208,000 12.473% $25,944 $25,944 -1.10%
2018/19 $659,000 $296,550 $208,000 12.612% $26,233 $26,233 +2.33%
2017/18 $594,000 $267,300 $201,553 12.719% $25,636 $25,636 +6.55%
2016/17 $538,000 $242,100 $186,624 12.892% $24,060 $24,060 +8.08%

Permit information for 5516 16th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/18/2025 Alteration
12/02/2025 Alteration
12/02/2025 Alteration
10/20/2025 Alteration
04/16/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
14th Ave & 61st St at NE Corner
Station lines
D-N
Distance (miles)
0.364

Access the detailed traffic volume map for 5516 16th Avenue, Brooklyn, NY 11204 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

Frequently asked questions

What is the year built for 5516 16th Avenue, Brooklyn, NY 11204?

The development at 5516 16th Avenue, Brooklyn, NY 11204 was built in 1931.

What is the market value of 5516 16th Avenue, Brooklyn, NY 11204?

The current market value of 5516 16th Avenue, Brooklyn, NY 11204 is $973,000.

What is the total square footage of 5516 16th Avenue, Brooklyn, NY 11204?

5516 16th Avenue, Brooklyn, NY 11204 has a total of 3,960 square feet.

What is the price per square foot for this property?

$568 per square foot is the price for 5516 16th Avenue, Brooklyn, NY 11204.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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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.

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