NOT LISTED FOR SALE

116 Oak St Brooklyn, NY 11222

Greenpoint Neighborhood

Estimated Value: $2,546,971 - $5,149,000

5 Beds
3 Baths
2,370 Sq Ft
$1,392/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2024

Last sale price $2,500,000 $1,055 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $18,587 / mo

27 Days on Market

Highlights

  • Green Building
  • P.S. 34 Oliver H Perry Rated A-
  • 2-minute walk to American Playground

About This Home

As of February 2024

Nestled on one of Greenpoint's all-time favorite blocks, 116 Oak Street is waiting for you to invent your dream space. This 25' x 74.25' property is being offered for the first time in more than 45 years. Currently configured as an owner's duplex with a 1BD rental above, and a bonus, eaved attic above that! The house gets great light and has good bones including well proportioned rooms and an original marble fireplace mantel. With additional FAR of approximately 1500 SqFt, in PRIME Greenpoint, this is the opportunity you've been waiting for.

Last Agent to Sell the Property

Joan Dougherty

Corcoran Group License #10301215411 Listed on: 10/04/2023

Corcoran Group

Last Buyer's Agent

Donald Lai

Corcoran Group License #10301219513

Corcoran Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1925

Lot Details

  • 1,850 Sq Ft Lot
  • Lot Dimensions are 74.00x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Greenpoint Subdivision

Listing and Financial Details

  • Legal Lot and Block 0017 / 02572

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,800

Year Built

Built in 1925

Lot Details

1,850 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2370.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1850.0
  • Lot Size Dimensions: 74.00x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 02572
  • Tax Lot: 0017
  • Tax Annual: 7800.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Feb 26, 2024
Sold by
Bought by
Seller's Agent
Joan Dougherty
Corcoran Group
Buyer's Agent
Donald Lai
Corcoran Group
List Price
$2,500,000
Sold Price
$2,500,000
Views
23
Current Estimated Value
$3,298,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,493
Avg. Annual Appreciation
12.03%
Original Mortgage
$2,080,000
Outstanding Balance
$2,024,749
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,273,744
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Greenpoint, NY

  • Ronita Kalra Real Estate Agent - Compass

    Ronita Kalra

    Compass

    (347) 652-2182

    51 Total Sales

    1 in Greenpoint

    $4,995,000 Price

    Ronita Kalra
     Section Image
  • Patrick Walsh Real Estate Agent - Howard Hanna NYC

    Patrick Walsh

    Howard Hanna NYC

    (845) 552-2971

    15 Total Sales

    2 in Greenpoint

    $1.3M - $1.9M Price Range

    Patrick Walsh
     Section Image
  • George Panagopoulos Real Estate Agent - Douglas Elliman Real Estate

    George Panagopoulos

    Douglas Elliman Real Estate

    (888) 366-5951

    83 Total Sales

    1 in Greenpoint

    $2,500,000 Price

    George Panagopoulos
     Section Image
  • Carlos Simoes Real Estate Agent - Serhant

    Carlos Simoes

    Serhant

    (973) 528-5134

    37 Total Sales

    2 in Greenpoint

    $950K - $980K Price Range

    Carlos Simoes
     Section Image
  • Michael DiMartino Real Estate Agent - Brownstone Real Estate LLC

    Michael DiMartino

    Brownstone Real Estate LLC

    (855) 725-6170

    9 Total Sales

    1 in Greenpoint

    $1,595,000 Price

    Michael DiMartino
     Section Image
  • King Hong Chin Real Estate Agent - Keller Williams Rlty Landmark

    King Hong Chin

    Keller Williams Rlty Landmark

    (844) 708-2647

    43 Total Sales

    1 in Greenpoint

    $1,620,000 Price

    King Hong Chin
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,600,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $621,494
Open $2,080,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $2,500,000 0.0% $1,055 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $2,500,000 0.0% $1,055 / Sq Ft
10/11/2023 10/11/23 Off Market $2,500,000 -- --
10/04/2023 10/04/23 For Sale $2,500,000 -- $1,055 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,491 $152,760 $16,380 $136,380
2025 $3,936 $153,780 $16,380 $137,400
2024 $3,936 $147,000 $16,380 $130,620
2023 $3,717 $138,600 $16,380 $122,220
2022 $3,204 $109,980 $16,380 $93,600
2021 $3,489 $120,600 $16,380 $104,220
2019 $3,200 $137,880 $16,380 $121,500
2018 $2,887 $20,420 $2,779 $17,641
2017 $3,232 $19,347 $3,968 $15,379
2016 $3,084 $18,987 $5,257 $13,730
2015 $1,782 $18,984 $6,943 $12,041
2014 $1,782 $17,914 $6,552 $11,362
Source: Public Records

Agents Affiliated with this Home

  • Joan Dougherty Real Estate Agent - Corcoran Group

    Seller's Agent in 2024

    Joan Dougherty

    Corcoran Group

    (917) 971-6336

    19 in this area

    25 Total Sales

    Joan Dougherty
    Section Image
  • Donald Lai Real Estate Agent - Corcoran Group

    Buyer's Agent in 2024

    Donald Lai

    Corcoran Group

    (917) 947-9917

    7 in this area

    48 Total Sales

    Donald Lai
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10936012

Real Estate Board of New York (REBNY)

APN: 02572-0017

New York Kings County Brooklyn 11222 Greenpoint

116 Oak St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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