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118 Terrace Pl; Brooklyn, NY Property Details

118 Terrace Pl, Brooklyn, NY is a Duplex 2 Units that was built in 1930. This property is not for sale. Our records show that 118 Terrace Pl has a total of 3,575 square feet. The lot size of 118 Terrace Pl is 2,950 square feet.

Off market
118 Terrace Pl Brooklyn, NY 11218
$244,440 Estimated Value
3,575 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • APN: 05263-0009
  • Situs County: Kings

Structure

  • Building Style: Brick
  • Stories: 2

Measurements

  • Total: 3,575/SqFt
  • Lot: 2,950/SqFt
  • Gross: 3,575/SqFt
  • Living: 3,575/SqFt
  • Building: 3,575/SqFt
  • Ground: 1,300/SqFt
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.654747 / -73.97759
  • Property Class: Residential
  • Zoning: R5B
  • County Use Code: B1

Amenities

  • Plus Four: 1104
  • Garage: Garage

Ownership Info

118 Terrace Pl has no associated ownership info
118 Terrace Pl has no associated ownership info.

Taxes

118 Terrace Pl has 10 associated Taxes items

118 Terrace Pl, Brooklyn, NY pays taxes in Kings County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $244,440. The APN we've located for 118 Terrace Pl is 05263-0009.

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Taxes
  • Assessed Value:  $244,440
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  05263-0009
  • Assessed Land Value:  32520
  • Market Land Value:  542000
  • Tax Amount:  11461.9
  • Tax Year:  2025
  • Market Value:  4074000
  • Market Year:  2026

Tax History

118 Terrace Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $244,440 Land Value $32,520 Improvement Value $211,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $11,461.9 Change Rate +0.061158% Assessed CR Tax Rate
Year 2024 Assessed Value $196,680 Land Value $32,520 Improvement Value $164,160 Tax Amount $10,801.31 Change Rate +0.032128% Assessed CR Tax Rate +0.054918%
Year 2023 Assessed Value $222,300 Land Value $32,520 Improvement Value $189,780 Tax Amount $10,465.09 Change Rate +0.049456% Assessed CR Tax Rate +0.047076%
Year 2022 Assessed Value $200,220 Land Value $32,520 Improvement Value $167,700 Tax Amount $9,971.92 Change Rate -0.517847% Assessed CR Tax Rate +0.049805%
Year 2021 Assessed Value $169,980 Land Value $32,520 Improvement Value $137,460 Tax Amount $20,682.07 Change Rate Assessed CR Tax Rate +0.121674%
Year 2020 Assessed Value $165,540 Land Value $32,520 Improvement Value $133,020 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $157,080 Land Value $32,520 Improvement Value $124,560 Tax Amount $9,155.39 Change Rate +0.041398% Assessed CR Tax Rate +0.058285%
Year 2018 Assessed Value $44,587 Land Value $11,806 Improvement Value $32,781 Tax Amount $8,791.44 Change Rate +0.060574% Assessed CR Tax Rate +0.197175%
Year 2017 Assessed Value $42,134 Land Value $11,711 Improvement Value $30,423 Tax Amount $8,289.32 Change Rate +0.044553% Assessed CR Tax Rate +0.196737%
Year 2016 Assessed Value $42,134 Land Value $13,339 Improvement Value $28,795 Tax Amount $7,935.76 Change Rate Assessed CR Tax Rate +0.188346%
Year 2015 Assessed Value $40,616 Land Value $17,170 Improvement Value $23,446 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,319 Land Value $16,489 Improvement Value $21,830 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $4,574.34 Change Rate Assessed CR Tax Rate