New York City  »  11229  »  Kings Hwy  »  1616 Kings Hwy

1616 Kings Highway, Brooklyn, NY 11229 - Property report

Also known as: 1616 Kings Hwy

Property image for 1616 Kings Highway, Brooklyn, NY 11229
static Mapbox map

Property type

Predominant Retail with Other Uses (K4)

Year built

1916

Lot sq. ft.

1,960

Sale price

$2,200,000

General information

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Address
Primary address
1616 Kings Highway
ZIP code
11229
Neighborhood
Homecrest
Borough
Brooklyn
Block & lot
06779-0061

Owner

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Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
4,200
Building dimensions
20 ft x 97.94 ft
Buildings on lot
1
Stories
3
Year built
1916
Building material
Sales
Sale date
08/26/2022
Sale price
$2,200,000
Tax
Tax year
2026-2027
Property tax
$41,337
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
20 ft x 97 ft
Lot sq. ft.
1,960

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
1.02 Miles
Closest fire station
0.10 Miles

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Ownership information for 1616 Kings Highway, Brooklyn, NY

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

Sales history for 1616 Kings Highway, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
08/26/2022 $2,200,000 XX XXXXX XXX XXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/13/2022 - R
08/26/2022 - D
Satisfaction of Mortgage
(2022090600557002)
XXXX XXXXXXX XXXX XXXXXXX XXXXXXXXXX
09/13/2022 - R
08/26/2022 - D
Deed
(2022090600557001)
XXXX XXXXXXXXXX XXX XX XXXXX XXX
03/03/1995 - R
03/01/1995 - D
Deed
(3750004658775)
XXXXXXX XXXXXXXXXX XXXX XXXXXXXXXX XXX
03/07/1984 - R Assignment, Mortgage
(3610001006461)
XXXXXXXX XXXXXXX XXXX XXXXXXX XXXXXXXXXX
02/07/1984 - R
12/31/1983 - D
Deed
(3170001001617)
XXXXXXX XXXXXX XXXXXXX XXXXXXXXXX
07/13/1973 - R Release of Estate Tax Lien
(37330064600478)
XXXXXX XXXXXX X XXXX
07/13/1973 - D
07/13/1973 - R
Deed
(37330064600476)
XXXXXX XXXXXX X XXXXXXXXX XX
11/01/1966 - D
11/01/1966 - R
Deed
(36630028000357)
XXXXX XXXXXXX XXXXXXXX XXXXX XXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1616 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
$41,337
Municipal exemptions
Recent tax assessments
Market value
$929,000
Assessed value
$418,050

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 $888,000 $399,600 $350,820 10.848% $38,057 $38,057 +5.11%
2024/25 $830,000 $373,500 $336,420 10.762% $36,206 $36,206 +3.07%
2023/24 $801,000 $360,450 $331,650 10.592% $35,128 $35,128 +0.53%
2022/23 $786,000 $353,700 $328,230 10.646% $34,943 $34,943 +21.75%
2021/22 $593,000 $266,850 $266,850 10.755% $28,700 $28,700 -18.08%
2020/21 $728,000 $327,600 $327,600 10.694% $35,034 $35,034 -3.73%
2019/20 $777,000 $349,650 $345,360 10.537% $36,391 $36,391 +1.46%
2018/19 $763,000 $343,350 $341,130 10.514% $35,866 $35,866 -2.94%
2017/18 $864,000 $388,800 $351,450 10.514% $36,951 $36,951 +2.10%
2016/17 $826,000 $371,700 $342,270 10.574% $36,192 $36,192 +0.24%

Permit information for 1616 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/16/2024 Alteration
07/16/2024 Alteration
11/05/2023 Alteration
10/29/2023 Alteration
09/21/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
5

Subway & traffic

Closest station
15th St & Kings Hwy at NE Corner
Station lines
B-Q
Distance (miles)
0.052

Access the detailed traffic volume map for 1616 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

Frequently asked questions

What is the year built for 1616 Kings Highway, Brooklyn, NY 11229?

The development at 1616 Kings Highway, Brooklyn, NY 11229 was built in 1916.

What is the market value of 1616 Kings Highway, Brooklyn, NY 11229?

The current market value of 1616 Kings Highway, Brooklyn, NY 11229 is $929,000.

What is the total square footage of 1616 Kings Highway, Brooklyn, NY 11229?

1616 Kings Highway, Brooklyn, NY 11229 has a total of 4,200 square feet.

What is the price per square foot for this property?

$523 per square foot is the price for 1616 Kings Highway, Brooklyn, NY 11229.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

How many active listings does 1616 Kings Highway, Brooklyn, NY 11229 have?

This address has 1 active listing(s).

Disclaimer

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