Kings  »  11224  »  Mermaid Ave  »  1601 Mermaid Ave

1601 Mermaid Avenue, Brooklyn, NY 11224 - Property report

Also known as: 2880-2890 W 16th St

Property image for 1601 Mermaid Avenue, Brooklyn, NY 11224
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1920

Lot sq. ft.

2,000

General information

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Address
Primary address
1601 Mermaid Avenue
Alternate address(es)
2880-2890 W 16th St
ZIP code
11224
Neighborhood
Coney Island
Borough
Brooklyn
Block & lot
07021-0042

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
4,800
Building dimensions
20 ft x 80 ft
Buildings on lot
1
Stories
3
Year built
1920
Building material
Tax
Tax year
2026-2027
Property tax
$22,221
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
88 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
69 /100.  Bikeable
School district
21
Community district
13
Closest police station
0.40 Miles
Closest fire station
0.47 Miles

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

Ownership information for 1601 Mermaid Avenue, Brooklyn, NY

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

Sales history for 1601 Mermaid Avenue, Brooklyn, NY 11224

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/10/1990 - R Satisfaction of Mortgage
(3680001586068)
XXXXXX XXXXXXX XX XXXXXXXX XXXXXXX
01/31/1990 - R Satisfaction of Mortgage
(3630001514863)
XXXXXXXXX XXXX XXXXX XXXXX XXXXXXXXXXX
11/30/1989 - R Deed
(3620001501062)
XXXXXXX XXXXXX XXXXXX XXXXX XXXXXXXX
11/30/1989 - R Release
(3580001501058)
XXXXXXXX XXXXXXX X XXXXXXX XXXXXX
11/30/1989 - R Agreement
(3570001501057)
XXXXXXXX XXXXXXX XXXXXX XXXXX XXXX XXXX
09/15/1987 - R Mortgage
(3920001300092)
XXXXXXX XXXXXX XXXXXXXX XXXXX
09/03/1987 - R Mortgage
(3480001296948)
XXXXXXX XXXXXX XXXXXXXX XXXXXXX
09/03/1987 - R Mortgage
(3470001296947)
XXXXXXX XXXXXX X XXXXX XXXXX XXXXXXXXXXX
09/03/1987 - R Deed
(3460001296946)
XXXXXXXX XXXXXXX XXXXXXX XXXXXX
06/23/1987 - R Assignment, Mortgage
(3810001276181)
XXXXXXX XXXXXXX XXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1601 Mermaid 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
$22,221
Municipal exemptions
Recent tax assessments
Market value
$683,000
Assessed value
$307,350

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 $569,000 $256,050 $178,642 12.439% $22,221 $22,221 +2.71%
2024/25 $673,600 $303,120 $173,085 12.5% $21,636 $21,636 +7.98%
2023/24 $842,000 $378,900 $160,265 12.502% $20,036 $20,036 +10.07%
2022/23 $853,000 $383,850 $148,395 12.267% $18,204 $18,204 +8.27%
2021/22 $787,000 $354,150 $137,417 12.235% $16,813 $16,813 -0.26%
2020/21 $863,000 $388,350 $137,417 12.267% $16,857 $16,857 +1.51%
2019/20 $824,400 $370,980 $133,142 12.473% $16,607 $16,607 +6.81%
2018/19 $687,000 $309,150 $123,281 12.612% $15,548 $15,548 +7.09%
2017/18 $652,000 $293,400 $114,150 12.719% $14,519 $14,519 +6.54%
2016/17 $596,000 $268,200 $105,705 12.892% $13,627 $13,627 +0.07%

Permit information for 1601 Mermaid Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/13/1997 Alteration type 3
06/09/1997 Alteration type 2
01/03/1997 Sign
09/20/1993 Alteration type 2
04/22/1993 Alteration type 2

*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
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Stillwell Ave & Surf Ave at NE Corner
Station lines
D-F-N-Q
Distance (miles)
0.157

Access the detailed traffic volume map for 1601 Mermaid Avenue, Brooklyn, NY 11224 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 1601 Mermaid Avenue, Brooklyn, NY 11224?

The development at 1601 Mermaid Avenue, Brooklyn, NY 11224 was built in 1920.

What is the market value of 1601 Mermaid Avenue, Brooklyn, NY 11224?

The current market value of 1601 Mermaid Avenue, Brooklyn, NY 11224 is $683,000.

What is the total square footage of 1601 Mermaid Avenue, Brooklyn, NY 11224?

1601 Mermaid Avenue, Brooklyn, NY 11224 has a total of 4,800 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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