New York City  »  11224  »  Mermaid Ave  »  1602 Mermaid Ave

1602 Mermaid Avenue, Brooklyn, NY 11224 - Property report

Also known as: 2902-2912 W 16th St

Property image for 1602 Mermaid Avenue, Brooklyn, NY 11224
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Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1930

Lot sq. ft.

3,875

Sale price

$3,500,000

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 Mermaid Avenue
Alternate address(es)
1602-1604 Mermaid Ave
1604 Mermaid Ave
2902-2912 W 16th St
ZIP code
11224
Neighborhood
Coney Island
Borough
Brooklyn
Block & lot
07062-0011

Owner

Find out who owns 1602 Mermaid Avenue, Brooklyn, NY 11224. Uncover corporate and individual owners with a free account.

Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
13,253
Building dimensions
38.75 ft x 85.5 ft
Buildings on lot
1
Stories
4
Year built
1930
Sales
Sale date
12/10/2024
Sale price
$3,500,000
Tax
Tax year
2026-2027
Property tax
$65,682
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
14
Residential sq. ft.
Commercial units
2
Retail sq. ft.
Lot
Lot dimensions
38.75 ft x 100 ft
Lot sq. ft.
3,875

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
0.39 Miles
Closest fire station
0.48 Miles

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

Ownership

Ownership information for 1602 Mermaid Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for 1602 Mermaid Avenue, Brooklyn, NY 11224

Sale date Sale price Buyer name Seller name
12/10/2024 $3,500,000 XXXXXXX XXXX XXXXXX XXXXX XXX XXXX XXXXXXXX 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
12/24/2024 - R Initial UCC1
(2024121800682004)		 XXXXXXX XXXX XXXXXX XXXXX XXX XXXX XXXXXXX XXXXXXX XXX
12/24/2024 - R
12/10/2024 - D		 Assignment of Leases and Rents
(2024121800682003)		 XXXX XXXX XXX XXXXXX XXX XXXX XXXXXXX XXXXXXX XXX
12/24/2024 - R
12/10/2024 - D		 Mortgage
(2024121800682002)		 XXXX XXXX XXX XXXXXX XXX XXXX XXXXXXX XXXXXXX XXX
12/24/2024 - R
12/10/2024 - D		 Deed
(2024121800682001)		 XXXX XXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXX XXX
09/15/2017 - R
09/14/2017 - D		 Deed
(2017091400886001)		 XXXX XXXXXXXXXX XXX XXXX XXXXXXXX XXX
04/10/2015 - R UCC3 Termination
(2015041000172001)		 XXX XXX XXXX XXXXXX XXXXXXXXX XXXXXXXX XXX
12/17/2012 - R Initial UCC1
(2012121401038001)		 XXX XXX XXXX XXXXXX XXXXXXXXX XXXXXXXX XXX
11/07/2001 - R
06/27/2001 - D		 Deed
(3640007877664)		 XXXX XXXXXXXXXX XXX XXXX XXXXXXXXXX XXX
08/18/1982 - R Deed
(3680000923268)		 XXXXXXX XXXXX XXXX XXXXXXXXXX XXX
11/12/2013 - R
08/04/1982 - D		 Correction Doc-Office Use Only
(2013103100295001)		 XXXXXXX XXXXX XXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1602 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
$65,682
Municipal exemptions
Recent tax assessments
Market value
$1,247,000
Assessed value
$561,150

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 $1,154,000 $519,300 $495,630 12.439% $61,651 $61,651 +1.96%
2024/25 $1,236,000 $556,200 $483,750 12.5% $60,469 $60,469 +5.44%
2023/24 $1,361,000 $612,450 $458,730 12.502% $57,350 $57,350 +19.55%
2022/23 $869,000 $391,050 $391,050 12.267% $47,970 $47,970 -1.77%
2021/22 $887,000 $399,150 $399,150 12.235% $48,836 $48,836 -5.36%
2020/21 $1,022,000 $459,900 $420,660 12.267% $51,602 $51,602 +4.66%
2019/20 $958,000 $431,100 $395,280 12.473% $49,303 $49,303 +8.78%
2018/19 $931,000 $418,950 $359,370 12.612% $45,324 $45,324 +9.35%
2017/18 $915,000 $411,750 $325,890 12.719% $41,450 $41,450 +7.18%
2016/17 $848,000 $381,600 $299,970 12.892% $38,672 $38,672 +9.18%
Permits

Permit information for 1602 Mermaid Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/30/2021 Alteration
12/30/2021 Alteration
12/30/2021 Alteration
06/12/2019 Alteration type 2
06/11/2019 Alteration type 2

*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
10/04/2023 Aeuhaz1-fail to certify class 1 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
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)
0.146
View subway map

Access the detailed traffic volume map for 1602 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 1602 Mermaid Avenue, Brooklyn, NY

2906 W 15th St, Brooklyn 1614 Mermaid Ave, Brooklyn 1620 Mermaid Ave, Brooklyn 1516 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 1502 Mermaid Ave, Brooklyn 1612 Mermaid Ave, Brooklyn 1616 Mermaid Ave, Brooklyn 1530 Mermaid Ave, Brooklyn 1512 Mermaid Ave, Brooklyn 1515 Surf Ave, Brooklyn 1618 Mermaid Ave, Brooklyn

Nearby ZIP codes for 1602 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 1602 Mermaid Avenue, Brooklyn, NY 11224?

The development at 1602 Mermaid Avenue, Brooklyn, NY 11224 was built in 1930.

What is the market value of 1602 Mermaid Avenue, Brooklyn, NY 11224?

The current market value of 1602 Mermaid Avenue, Brooklyn, NY 11224 is $1,247,000.

What is the total square footage of 1602 Mermaid Avenue, Brooklyn, NY 11224?

1602 Mermaid Avenue, Brooklyn, NY 11224 has a total of 13,253 square feet.

What is the price per square foot for this property?

$264 per square foot is the price for 1602 Mermaid Avenue, Brooklyn, NY 11224.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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