The Vue, 162 16th Street
162 16th Street, Brooklyn, NY 11215
Park Slope, Brooklyn
BBL 3010527501 · BIN 3392419
- Year built
- 2008
- Type
- Condominium
- Units
- 45
- Floors
- 10
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted with conditions; species not stated
Every recorded sale at this building, 2008–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,269
- floor-adjusted, 3 sales
- Listing discount
- 1.5%
- Recorded sales
- 71
- On record
- 2008–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Vue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Vue is a ten-story building on a midblock of South Slope, and current zoning would not allow it. The new-building application was filed in March 2004. The following year the South Park Slope rezoning remapped the fifty blocks south of 15th Street, and this midblock became R6B, a contextual district whose height limits are roughly half this building's 106 feet. The Vue is legally built and will stay. The practical result is a building that looks over its low-rise midblock neighbors, with open views from the upper floors. That is where the name comes from. The protection has limits: the Fourth Avenue frontage of the same block is mapped R8A, and 575 Fourth Avenue rose there to eleven stories in 2018.
The second fact is the tax exemption. The Vue carries a 25-year 421-a benefit that began in the 2008/09 tax year and will not fully end until 2033/34. Owners in 2026 have three more tax years at the full benefit, then a four-year climb to the full bill. That schedule matters more than almost anything else in a buyer's carrying-cost math here.
Third, the count. The building has 45 apartments. Figures of 43 and 57 circulate in listing and city-derived records; the plan, the declaration and the tax roll agree on 45, plus 34 parking units.
Fourth, the governance. The offering plan gives the board no right to approve purchasers or tenants and no right of first refusal. For a seller, that means no approval risk. For a buyer, it means any owner can sell or lease to anyone, including investors, without board involvement.
Architecture and unit composition
The building rises ten stories on a 10,600-square-foot lot, with about 43,500 square feet of floor area per PLUTO. The apartments start on the second floor and repeat the same five-line plan (A through E) on every floor to the tenth. On the plan schedule, interior areas run from roughly 670 square feet on the D line to about 1,170 on the A line, and every line carries a balcony of roughly 65 to 80 square feet.
Parking is outdoors and on grade. The Third Amendment describes 26 of the 34 spaces as uncovered and eight as sitting under a portion of the building. The same amendment reduced the lawn from 2,082 to 1,298 square feet to create the two added spaces.
The views that give the building its name come from the height. From the upper floors, listing records describe open views toward the harbor and the Manhattan skyline. Which lines keep those views depends on exposure and on what the R8A avenue frontage allows next door; check sightlines floor by floor.
Building operations
The 421-a schedule, worked out from the Department of Finance record. The exemption is a 25-year, no-cap 421-a benefit, first effective in the 2008/09 tax year, with the prior assessed value set in 2004/05. Under the statute's 25-year schedule, the benefit stays at 100 percent for 21 years and then steps down 20 points a year for four years. Applied here, full exemption runs through 2028/29, the phase-out runs across 2029/30 to 2032/33, and full taxes begin with the 2033/34 tax year, starting July 1, 2033. Listing records say the building is "tax-abated until 2033," which matches. This is our reading of the statute against the DOF record, not a DOF-published schedule. Have the buyer's attorney confirm it against the unit's exemption detail before pricing.
No regulatory agreement found. A 25-year term is the longer of the standard 421-a terms. No regulatory agreement or declaration of restrictions was identified in the ACRIS review described here, and recorded deeds show separately named purchasers. Names alone do not establish unrelated beneficial ownership, and the index review does not prove the absence of all continuing obligations. Ask the managing agent or the condominium's counsel what eligibility the benefit rests on and whether any continuing obligation runs with it.
Sponsor position. The plan was declared effective on February 8, 2008, with 23 of the 45 apartments under contract. All 45 apartments had first closings between March 2008 and May 2010. The last parking units left the sponsor by 2010, apart from three spaces whose first recorded conveyance, in 2017–2018, was a referee's deed. The reviewed roll shows no unit titled in the original sponsor’s name; verify affiliate holdings, retained rights and current control from the governing records.
Finances. No audited statements are on file. The first-year budget in the plan (2008) is too old to be useful. Ask for the current budget, the reserve balance, and how common charges are split between the apartments and the parking units. The declaration was amended in 2015 and again in 2025; ask what each amendment changed.
Capital. The building is now about 18 years old, the age when roofs, elevators and mechanical equipment come up for replacement. At ten stories it is subject to the city's Local Law 11 façade inspections. Ask for the most recent report and its filing status.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedThe plan-era house rules require the board's written consent for each animal. Listing records describe the building as pet-friendly; confirm the current policySource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $179 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $0.90 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, playroom, bike storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $23,302/yr
- Per unit / month range
- $0 – $43
- Modeled exposure split equally across 45 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring prompt corrective action. The owner must install any public protection the inspector specifies (a sidewalk shed, construction fence or structural netting, depending on the condition) and make the repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
The Vue trades as an abated, late-2000s South Slope condominium. Benchmark it on a dollars-per-square-foot basis against the Fourth Avenue condominiums built after the 2003 and 2005 rezonings, adjusting for two things: upper-floor views over a low-rise midblock, and a 421-a phase-out that starts in 2029/30. The apartments were first offered in 2007 at roughly $380,000 to $890,000. Resale activity is thin, a few sales a year from a 45-unit base, so pricing leans on a small number of prints. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 14, 2025 | 5B | 3 BR · 2 BA · 1,150 sf | $1,600,000 | $1,391/sf | +7.0% |
| Jul 9, 2025 | 6E | 2 BR · 2 BA · 913 sf | $1,060,000 | $1,161/sf | +1.0% |
| Feb 21, 2025 | 5E | 2 BR · 2 BA · 915 sf | $980,000 | $1,071/sf | -10.9% |
| Dec 12, 2022 | 8E | 2 BR · 913 sf | $1,100,000 | $1,205/sf | — |
| Feb 23, 2022 | 9C | 2 BR · 2 BA · 927 sf | $1,200,000 | $1,294/sf | +14.3% |
| Apr 8, 2021 | 8B | 3 BR · 2 BA · 1,150 sf | $1,355,000 | $1,178/sf | -2.9% |
| Jun 26, 2020 | 2A | 3 BR · 2 BA · 1,163 sf | $1,250,000 | $1,075/sf | -5.7% |
| Jun 15, 2020 | 8D | 1 BR · 1 BA · 671 sf | $700,000 | $1,043/sf | -9.7% |
Market read. Most recent trades (2025) cleared a median $1,269/sf (floor-adjusted) across 3 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 1.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01052-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Vue and nearby.
At the recent median sale of $1.06M (3 sales in the past 24 months, since November 10, 2024), a buyer putting 25% down would pay about $48,015 to close, or 4.5% of the price.
- Mansion tax: $10,600
- Mortgage recording tax: $15,304
- Title insurance: $4,770
- Attorneys, lender, building fees, reserves and filings: $17,341
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with The Vue and its market
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What to know if you’re buying
Model the tax step-up year by year. The phase-out starts in 2029/30 and full taxes arrive in 2033/34. Run carrying costs across your expected hold, not just year one.
Buy the view deliberately. Inspect upper-floor views and evaluate exposure, floor and condition together; their relative contribution to value needs matched sales rather than a fixed hierarchy.
Confirm parking separately. Spaces are separately deeded units, and most are uncovered. A space is not part of an apartment unless the deed conveys it.
Expect no board screening. There is no purchaser approval and no right of first refusal. Review the condominium documents for the sale and lease procedures.
What to know if you’re selling
Present the tax schedule up front. Buyers' attorneys will find the phase-out. A True Monthly Carrying Cost projection across the phase-out is stronger than letting it surface in diligence.
Explain the zoning. The R6B midblock around the building cannot be rebuilt to this height. That is a documentable advantage for the midblock-facing exposures; be precise about which exposures face the R8A avenue frontage.
No board approval. Explain that procedure to buyers early, and confirm the transaction schedule separately.
Comparable buildings
If you're considering The Vue, also evaluate:
- 575 Fourth Avenue — the 70-residence 2018 condominium around the corner on Fourth Avenue
- 155 15th Street — a 2011 South Slope new-construction condominium a block north
- 500 Fourth Avenue — a 2010 Fourth Avenue condominium from the post-rezoning wave
- 343 Fourth Avenue — a 2006 Fourth Avenue condominium of the same generation
- 205 12th Street — a 2019 ground-up condominium in the Fourth Avenue corridor
- 243 Fourth Avenue — a newer Fourth Avenue condominium for contrast on taxes and amenities
- 1638 Eighth Avenue — a 2010–11 condominium at the south end of the Slope with a garage
More Park Slope buildings
- The Park Pavilion, 372 15th Street — 2005 condominium
- The Shinnecock, 939 Union Street — 2003 condominium
- The Sneaker Factory, 47–49 Lincoln Place — 1910 condominium
- The Warwick, 8 Eighth Avenue — co-op
- The Whitman (431 Seventh Avenue) — 2025 condominium
- The Woodgreen, 285 and 287 18th Street — condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Park Slope.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Vue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com