Montague-Court Building

The Montague-Court Building has about 290,000 square feet of floor area in total, including 275,000 square feet of office and 16,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the Montague-Court Building to 1925-1927, designed by H. Craig Severence. The building is 37 floors tall.

H. Craig Severence, according to the Landmarks Preservation Commission's building records, which list the style as neo-Romanesque and its original use as an office building.

The Montague-Court Building is at 16 Court Street in Downtown Brooklyn, Brooklyn. City records list 10-20 Court Street and 206-212 Montague Street on the same tax lot (BBL 3002500044). A space listed on Leasemark at any of these addresses shows up on this page.

16 Court Street is in ZIP code 11241, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Montague-Court Building is at 16 Court Street, Brooklyn, NY 11241, in Downtown Brooklyn.

The lot is in the C5-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 23.24 and a maximum commercial FAR of 10 for this lot. It is inside the Borough Hall Skyscraper Historic District, so exterior changes go through the Landmarks Preservation Commission.

The closest subway station to the Montague-Court Building is Borough Hall (the 2, 3, 4, 5 and R trains, connected to Court St), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Jay St-MetroTech (the A, C, F and R trains), 4 min walk; Clark St (the 2 and 3 trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 16 COURT ST BROOKLYN OWNER, LLC as the owner of record of the Montague-Court Building (BBL 3002500044). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

The Montague-Court Building last sold in October 2017 for $171 million, according to the deed recorded with the city. 16 COURT STREET OWNER LLC sold it to 16 COURT ST BROOKLYN OWNER, LLC. That comes to about $589 per square foot of floor area. The deed is ACRIS document 2017101200955001 (BBL 3002500044) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

The Montague-Court Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 58 kBtu per square foot, about the same as the national median of 59.9 for a similar property. Its greenhouse gas emissions were about 1,729 metric tons of CO2e (5.57 kg per square foot).

At its 2024 energy use, the Montague-Court Building comes to about 1,444 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,354 tons for 2024 to 2029 (61% of the limit), so it would owe no penalty. From 2030 the limit drops to 825 tons and the same energy use counts as about 1,047 tons, about 222 tons over, or an estimated $60,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at the Montague-Court Building. In the last two years, interior work was permitted on the cellar and the sub-cellar. The newest build-out, on the cellar, the open space and the sub-cellar, was first permitted in October 2026 (construction; filed cost estimate $1.7 million). These are the Department of Buildings' DOB NOW work permits for tax lot 3002500044. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $31.8 million for the Montague-Court Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.45 million a year, roughly $11.88 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3002500044 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Montague-Court Building at $70.8 million ($5.44 million of it land) and its assessed value at $31.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 12% from 2022/23 ($80.8 million) to 2026/27.

Owners registered 4 storefronts at the Montague-Court Building for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

No space at 16 Court Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.