New York City  »  11229  »  Gravesend Neck Rd  »  1601 Gravesend Neck Rd

1601 Gravesend Neck Road, Brooklyn, NY 11229 - Property report

Also known as: 2247-2259 E 16th St

Property image for 1601 Gravesend Neck Road, Brooklyn, NY 11229
static Mapbox map

Property type

Predominant Retail with Other Uses (K4)

Year built

1930

Lot sq. ft.

28,405

General information

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Address
Primary address
1601 Gravesend Neck Road
Alternate address(es)
1601-1625 Gravesend Neck Rd
2247-2259 E 16th St
2252-2264 E 17th St
ZIP code
11229
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07377-0029

Owner

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Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
55,138
Building dimensions
209 ft x 81 ft
Buildings on lot
1
Stories
2
Year built
1930
Last altered
2012
Building material
Tax
Tax year
2026-2027
Property tax
$422,600
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
209 ft x 81 ft
Lot sq. ft.
28,405

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
83 /100.  Excellent Transit
Bike score
59 /100.  Bikeable
School district
22
Community district
15
Closest police station
0.30 Miles
Closest fire station
0.42 Miles

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

Ownership information for 1601 Gravesend Neck Road, Brooklyn, NY

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

Sales history for 1601 Gravesend Neck Road, Brooklyn, NY 11229

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/09/2026 - R Initial UCC1
(2026030300182001)
XXXX XXXX XXX XXXXXX XXX XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
03/17/2026 - R
02/27/2026 - D
Termination of Assign of L&R
(2026031300779005)
XXXX XXXX XXX XXXXXX XXX XXXX XXXXXXXXX XXXX
03/17/2026 - R
02/27/2026 - D
Assignment of Leases and Rents
(2026031300779004)
XXXX XXXX XXX XXXXXX XXX XXXXX XXXXXXXXX XXXXXX XXXXX
03/17/2026 - R
02/27/2026 - D
Agreement
(2026031300779003)
XXXX XXXX XXX XXXXXX XXX XXXXX XXXXXXXXX XXXXXX XXXXX
03/17/2026 - R
02/27/2026 - D
Mortgage
(2026031300779002)
XXXX XXXX XXX XXXXXX XXX XXXXX XXXXXXXXX XXXXXX XXXXX
03/17/2026 - R
02/27/2026 - D
Assignment, Mortgage
(2026031300779001)
XXXX XXXXXXXXX XXXX XXXXX XXXXXXXXX XXXXXX XXXXX
04/24/2024 - R
04/17/2024 - D
Satisfaction of Mortgage
(2024042200390001)
XXXX XXXX XXX XXXXXX XXX XXXX XXXXXXXXX XXXX
04/01/2024 - R
03/18/2024 - D
Both RPTT and RETT
(2024032100584001)
XXXXX XXXXXXX XXXXXX XXXXXXXXXXXX XXXX
07/22/2016 - R
07/12/2016 - D
Mortgage
(2016071401170002)
XXXX XXXX XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
07/22/2016 - R
07/12/2016 - D
Agreement
(2016071401170001)
XXXX XXXX XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1601 Gravesend Neck Road, 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
$422,600
Municipal exemptions
Recent tax assessments
Market value
$8,657,000
Assessed value
$3,895,650

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 $10,013,000 $4,505,850 $4,138,472 10.848% $448,941 $448,941 +1.64%
2024/25 $9,893,000 $4,451,850 $4,104,072 10.762% $441,680 $441,680 +1.12%
2023/24 $9,164,000 $4,123,800 $4,123,800 10.592% $436,793 $436,793 +2.58%
2022/23 $8,888,000 $3,999,600 $3,999,600 10.646% $425,797 $425,797 +10.64%
2021/22 $7,952,000 $3,578,400 $3,578,400 10.755% $384,857 $384,857 -19.00%
2020/21 $10,350,000 $4,657,500 $4,443,120 10.694% $475,147 $475,147 +10.08%
2019/20 $10,548,000 $4,746,600 $4,096,437 10.537% $431,642 $431,642 +13.79%
2018/19 $9,711,000 $4,369,950 $3,607,827 10.514% $379,327 $379,327 +12.94%
2017/18 $9,425,000 $4,241,250 $3,194,547 10.514% $335,875 $335,875 +13.02%
2016/17 $9,334,000 $4,200,300 $2,810,607 10.574% $297,194 $297,194 +9.32%

Permit information for 1601 Gravesend Neck Road, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/08/2026 Alteration
06/03/2026 Alteration
04/23/2026 Alteration
02/17/2026 Alteration
02/17/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/03/2024 Bench-failure to benchmark none
06/20/2023 Hblvio-high pressure boiler boiler required
06/20/2023 Hblvio-high pressure boiler boiler required

*Most recent DOB violations on record 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
3

Subway & traffic

Closest station
15th St & Gravesend Neck Rd at NE Corner
Station lines
B-Q
Distance (miles)
0.048

Access the detailed traffic volume map for 1601 Gravesend Neck Road, 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 1601 Gravesend Neck Road, Brooklyn, NY 11229?

The development at 1601 Gravesend Neck Road, Brooklyn, NY 11229 was built in 1930.

What is the market value of 1601 Gravesend Neck Road, Brooklyn, NY 11229?

The current market value of 1601 Gravesend Neck Road, Brooklyn, NY 11229 is $8,657,000.

What is the total square footage of 1601 Gravesend Neck Road, Brooklyn, NY 11229?

1601 Gravesend Neck Road, Brooklyn, NY 11229 has a total of 55,138 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 8.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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