Kings  »  11229  »  Kings Hwy  »  1602 Kings Hwy

1602 Kings Highway, Brooklyn, NY 11229 - Property report

Also known as: 1659-1671 E 16th St

Property image for 1602 Kings Highway, Brooklyn, NY 11229
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Property type

Predominant Retail with Other Uses (K4)

Year built

1930

Lot sq. ft.

9,200

Sale price

$12,850,000

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
1602 Kings Highway
Alternate address(es)
1600 Kings Hwy
1602-1604 Kings Hwy
1659-1671 E 16th St
ZIP code
11229
Neighborhood
Homecrest
Borough
Brooklyn
Block & lot
06779-0053

Owner

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Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
32,838
Building dimensions
49.08 ft x 112.87 ft
Buildings on lot
1
Stories
3
Year built
1930
Last altered
2003
Building material
Sales
Sale date
10/08/2024
Sale price
$12,850,000
Tax
Tax year
2026-2027
Property tax
$340,982
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
49 ft x 112.83 ft
Lot sq. ft.
9,200

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
59 /100.  Bikeable
School district
22
Community district
15
Closest police station
1.00 Miles
Closest fire station
0.08 Miles

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

Ownership

Ownership information for 1602 Kings Highway, Brooklyn, NY

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

Sales history for 1602 Kings Highway, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
10/08/2024 $12,850,000 XXXXX XXXXXXX XXXX XXXXXX XXX XXXX XXXXX XXXXXXX XXX
01/31/2020 $11,750,000 XXXX XXXXX XXXXXXX XXX XXXX XXXX XXX, XXXXXXXX XXXXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/24/2024 - R
10/08/2024 - D		 Mortgage
(2024102100634002)		 XXXXX XXXXXXX XXXX XXXXXX XXX XXXXXXXX XXXXXXX XX XXX
10/24/2024 - R
10/08/2024 - D		 Deed
(2024102100634001)		 XXXX XXXXX XXXXXXX XXX XXXXX XXXXXXX XXXX XXXXXX XXX
02/06/2020 - R
01/31/2020 - D		 Deed
(2020020501000001)		 XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX XXXX XXXXX XXXXXXX XXX
09/14/1992 - R Release of Estate Tax Lien
(3660001714066)		 XXX XXXXXXXXXX XX
01/12/1993 - R
06/12/1992 - D		 Deed
(3340001742134)		 XXXXXXX XXXXXXX XXXXXXX XXXXXXXX XXXX XXXX XX
12/01/1988 - R Uniform Commercial Code 3
(3490001850249)		 XXXXXXXX XXXX XXXX XXXXXXXX XXXXXXX XXXXXXX
01/24/1984 - R Uniform Commercial Code 1
(3100001831510)		 XXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1602 Kings Highway, 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
$340,982
Municipal exemptions
Recent tax assessments
Market value
$8,867,000
Assessed value
$3,990,150

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 $8,593,000 $3,866,850 $2,945,773 10.848% $319,557 $319,557 +9.93%
2024/25 $6,270,000 $2,821,500 $2,701,080 10.762% $290,690 $290,690 -0.04%
2023/24 $6,101,000 $2,745,450 $2,745,450 10.592% $290,798 $290,798 +6.29%
2022/23 $5,711,000 $2,569,950 $2,569,950 10.646% $273,597 $273,597 +9.83%
2021/22 $5,147,000 $2,316,150 $2,316,150 10.755% $249,102 $249,102 -18.53%
2020/21 $6,783,000 $3,052,350 $2,859,030 10.694% $305,745 $305,745 +5.88%
2019/20 $6,766,000 $3,044,700 $2,740,560 10.537% $288,773 $288,773 +4.69%
2018/19 $6,113,000 $2,750,850 $2,623,620 10.514% $275,847 $275,847 +0.65%
2017/18 $6,101,000 $2,745,450 $2,606,790 10.514% $274,078 $274,078 +3.65%
2016/17 $6,004,000 $2,701,800 $2,500,680 10.574% $264,422 $264,422 +0.59%
Permits

Permit information for 1602 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/26/2026 Alteration
04/15/2026 Alteration
03/06/2026 Alteration
01/05/2026 Alteration
12/17/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required
05/03/2024 Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Neighborhood

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
15th St & Kings Hwy at SE Corner
Station lines
B-Q
Distance (miles)
0.035
View subway map

Access the detailed traffic volume map for 1602 Kings Highway, Brooklyn, NY 11229 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

Neighbors for 1602 Kings Highway, Brooklyn, NY

1608 Kings Hwy, Brooklyn 1715 Kings Hwy, Brooklyn 1673 E 16th St, Brooklyn 1615 Quentin Rd, Brooklyn 1620 Kings Hwy, Brooklyn 1610 Avenue P, Brooklyn 1618 Kings Hwy, Brooklyn 1610 Kings Hwy, Brooklyn 1720 Kings Hwy, Brooklyn 1623 Kings Hwy, Brooklyn 1612 Kings Hwy, Brooklyn 1616 Kings Hwy, Brooklyn 1601 Kings Hwy, Brooklyn 1678 E 18th St, Brooklyn 1607 Quentin Rd, Brooklyn 1624 Kings Hwy, Brooklyn 1670 E 17th St, Brooklyn 1724 Avenue P, Brooklyn 1684 E 18th St, Brooklyn 1611 Quentin Rd, Brooklyn

Nearby ZIP codes for 1602 Kings Highway, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11234, New York City, NY 11235, New York City, NY 11236, New York City, NY 11239, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 1602 Kings Highway, Brooklyn, NY 11229?

The development at 1602 Kings Highway, Brooklyn, NY 11229 was built in 1930.

What is the market value of 1602 Kings Highway, Brooklyn, NY 11229?

The current market value of 1602 Kings Highway, Brooklyn, NY 11229 is $8,867,000.

What is the total square footage of 1602 Kings Highway, Brooklyn, NY 11229?

1602 Kings Highway, Brooklyn, NY 11229 has a total of 32,838 square feet.

What is the price per square foot for this property?

$391 per square foot is the price for 1602 Kings Highway, Brooklyn, NY 11229.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

How many active listings does 1602 Kings Highway, Brooklyn, NY 11229 have?

This address has 2 active listing(s).

Disclaimer

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