166 CHAPEL ST
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Location
166 CHAPEL ST
Mblu
165/ 0705/ 00100/ /
Acct#
165 0705 00100
Owner
ART CT 770 LAND LLC
Total Market Value
$1,348,340
Appraisal
$1,926,200
PID
8102
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,805,700$120,500$1,926,200
Assessment
Valuation YearImprovementsLandTotal
2025$1,263,990$84,350$1,348,340

Owner of Record
OwnerART CT 770 LAND LLC
Co-Owner
Address770 5TH AVENUE
BROOKLYN, NY 11232
Sale Price$640,000
Certificate
Book & Page 9813/0162
Sale Date02/01/2019
Instrument25

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ART CT 770 LAND LLC$640,000 9813/01622502/01/2019
VON ROLL USA INC$0 9813/01532502/01/2019
IMI REAL ESTATE CORP $0 4452/0244 02/07/1992

Building Information
Building 1 : Section 1
Year Built: 1929
Living Area: 41,908
Replacement Cost: $2,441,141
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$1,342,600
Building Attributes
FieldDescription
Style:Industrial
ModelInd/Lg Com
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Stucco
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelOil/Gas
Heating TypeHot Water
AC TypeCentral
Bldg UseINDUSTRIAL MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
NBHD Code 
1st Floor Use:4000
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 39,295 39,295
FUSFinished Upper Story 2,750 2,613
   42,045 41,908
Building 2 : Section 1
Year Built: 1900
Living Area: 7,063
Replacement Cost: $563,431
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$338,100
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Ind/Office
ModelInd/Lg Com
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Plaste
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelOil/Gas
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseIND OFFICE MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
NBHD Code 
1st Floor Use:4020
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 7,063 7,063
CANCanopy 343 0
   7,406 7,063

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
MEZ3W/PARTITIONS1500.00 S.F.$19,000$13,3001
SPR1SPRINKLERS-WET42045.00 S.F.$60,100$42,0701

Land
Land Use
Use Code4000
DescriptionINDUSTRIAL MDL-96  
ZoneIL
NeighborhoodCHP4
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.53
Frontage0
Depth0
Total Market Land$84,350
Appraised Value$120,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #
FN1FENCE-4' CHAIN  430.00 L.F.$1,800$1,2601
PAV1PAVING-ASPHALT  21500.00 S.F.$44,100$30,8701
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,805,700$120,500$1,926,200
2024$1,805,700$120,500$1,926,200
2023$1,805,700$120,500$1,926,200

Assessment
Valuation YearImprovementsLandTotal
2025$1,263,990$84,350$1,348,340
2024$1,263,990$84,350$1,348,340
2023$1,263,990$84,350$1,348,340

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