New York City  »  11224  »  Mermaid Ave  »  1616 Mermaid Ave

1616 Mermaid Avenue, Brooklyn, NY 11224 - Property report

Also known as: 1616 Mermaid Ave

Property image for 1616 Mermaid Avenue, Brooklyn, NY 11224
static Mapbox map

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1932

Lot sq. ft.

2,000

Sale price

$100,000

General information

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Address
Primary address
1616 Mermaid Avenue
ZIP code
11224
Neighborhood
Coney Island
Borough
Brooklyn
Block & lot
07062-0006

Owner

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Building
Property type
Primarily Four Family with One Store or Office (S4)
Building sq. ft.
3,720
Building dimensions
20 ft x 62 ft
Buildings on lot
1
Stories
3
Year built
1932
Building material
Sales
Sale date
01/11/2013
Sale price
$100,000
Tax
Tax year
2026-2027
Property tax
$24,596
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 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
0.41 Miles
Closest fire station
0.46 Miles

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

Ownership

Ownership information for 1616 Mermaid Avenue, Brooklyn, NY

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

Sales history for 1616 Mermaid Avenue, Brooklyn, NY 11224

Sale date Sale price Buyer name Seller name
01/11/2013 $100,000 XXXXXX, XXXXX XXXXXX, XXXX XXX XXXXXX, XXXXX XXX XXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/03/2013 - R
06/13/2013 - D		 Termination of Assign of L&R
(2013061901258003)		 XXXXXX XXXX XXXX XXXXX XXXXX
07/03/2013 - R
06/13/2013 - D		 Satisfaction of Mortgage
(2013061901258002)		 XXXXXX XXXX XXXX XXXXX XXXXX
04/02/2013 - R
03/05/2013 - D		 Satisfaction of Mortgage
(2013032100202002)		 XXXXXX XXXX XXXX XXXXXX XXXX X X
04/02/2013 - R
03/05/2013 - D		 Deed
(2013032100202001)		 XXXXXX XXXXX XXXX XXXXXXX XXXXXX XXX
07/03/2013 - R
01/25/2013 - D		 Power of Attorney
(2013061901258001)		 XXXX XXXXX XXXXX XXXXXXX XXXX XXXXXX XXXXXXXX XXX
01/24/2013 - R
01/11/2013 - D		 Deed
(2013011101202001)		 XXXXXX XXXX XXXXXX XXXXX
11/01/2012 - R
06/22/2012 - D		 Asgn of Asgn of L&R
(2012101500980003)		 XXXXXXXXXX XXXXXXXX XXXX XXXXX XXXXX
09/14/2012 - R
06/22/2012 - D		 Assignment, Mortgage
(2012081400268004)		 XXXXXXXXXX XXXXXXXX XXXXXXX XXX XXXX XXXXX XXXXX
11/29/2000 - R Mortgage
(3090007424309)		 XXXXXX XXXX XXXX XXXXXX XXXX XX
11/08/2000 - R Initial UCC1
(3310007397631)		 XXXX XXXXXX XXX XXXX XXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1616 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
$24,596
Municipal exemptions
Recent tax assessments
Market value
$556,000
Assessed value
$250,200

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 $488,000 $219,600 $197,730 12.439% $24,596 $24,596 +2.69%
2024/25 $609,600 $274,320 $191,602 12.5% $23,950 $23,950 +7.98%
2023/24 $508,000 $228,600 $177,409 12.502% $22,180 $22,180 +10.07%
2022/23 $423,000 $190,350 $164,268 12.267% $20,151 $20,151 +8.28%
2021/22 $338,000 $152,100 $152,100 12.235% $18,609 $18,609 -8.42%
2020/21 $371,000 $166,950 $165,646 12.267% $20,320 $20,320 +6.22%
2019/20 $425,600 $191,520 $153,376 12.473% $19,131 $19,131 +6.81%
2018/19 $532,000 $239,400 $142,017 12.612% $17,911 $17,911 -0.84%
2017/18 $505,000 $227,250 $142,017 12.719% $18,063 $18,063 +1.82%
2016/17 $462,000 $207,900 $137,612 12.892% $17,741 $17,741 +8.07%
Permits

Permit information for 1616 Mermaid Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
09/22/1988 C-construction

*Most recent DOB violation 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
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)
0.167
View subway map

Access the detailed traffic volume map for 1616 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

Neighbors for 1616 Mermaid Avenue, Brooklyn, NY

1614 Mermaid Ave, Brooklyn 1620 Mermaid Ave, Brooklyn 2928 W 17th St, Brooklyn 1720 Mermaid Ave, Brooklyn 1608 Mermaid Ave, Brooklyn 1709 Surf Ave, Brooklyn 1610 Mermaid Ave, Brooklyn 2909 W 17th St, Brooklyn 2930 W 17th St, Brooklyn 1526 Mermaid Ave, Brooklyn 1520 Mermaid Ave, Brooklyn 1716 Mermaid Ave, Brooklyn 1612 Mermaid Ave, Brooklyn 1602 Mermaid Ave, Brooklyn 1718 Mermaid Ave, Brooklyn 1530 Mermaid Ave, Brooklyn 1618 Mermaid Ave, Brooklyn 1712 Mermaid Ave, Brooklyn

Nearby ZIP codes for 1616 Mermaid Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 1616 Mermaid Avenue, Brooklyn, NY 11224?

The development at 1616 Mermaid Avenue, Brooklyn, NY 11224 was built in 1932.

What is the market value of 1616 Mermaid Avenue, Brooklyn, NY 11224?

The current market value of 1616 Mermaid Avenue, Brooklyn, NY 11224 is $556,000.

What is the total square footage of 1616 Mermaid Avenue, Brooklyn, NY 11224?

1616 Mermaid Avenue, Brooklyn, NY 11224 has a total of 3,720 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

How many active listings does 1616 Mermaid Avenue, Brooklyn, NY 11224 have?

This address has 1 active listing(s).

Disclaimer

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