NOT LISTED FOR SALE

Estimated Value: $2,138,000 - $2,593,188

3 Beds
3 Baths
1,892 Sq Ft
$1,248/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2023

Last sale price $1,700,000 $899 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,173 / mo

18 Days on Market

About This Home

As of July 2023

132A 16th Street is a lovingly maintained three-family home. Available for the first time in 40 years, this multifamily brick home offers a blend of modern updates and original details. Original details such as tin ceilings and decorative molding have been meticulously preserved.


Nestled among townhomes on a quiet, charming stretch of 16th Street in Park Slope, 132A 16th Street features three spacious floor-through apartments boasting high ceilings and excellent light. A finished basement includes laundry and updated mechanicals.

Along with excellent bones, you'll find a manicured front garden and a large, peaceful backyard. 132A 16th Street is perfectly located less four blocks from Prospect Park, and only steps to numerous trains: Prospect Avenue D, N/R/W and 9th Street F/G. Union Market, Whole Foods, and many of the area's best restaurants and shops are a stone's throw away. Conservative projected rent roll with expense total places cap rate at 4.5%.

Last Agent to Sell the Property

Alison McQueen

Corcoran Group License #10301215889 Listed on: 04/09/2023

Corcoran Group

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,699

Home Design

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 01052

Property Details

Home Type

Multi-Family

Lot Details

1,699 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 1

Tax Info

  • Tax Block: 01052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 1998
Sold by
Echavarria Mildred
Bought by
Matlin Sheila R and Wainer Kit
Current Estimated Value
$2,360,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,050
Interest Rate
7.08%
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Matlin Sheila R $239,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matlin Sheila R $227,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $1,700,000 +9.7% $899 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/09/2023 04/09/23 For Sale $1,550,000 -- $819 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

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
2025 $5,504 $128,100 $19,680 $108,420
2024 $5,504 $134,280 $19,680 $114,600
2023 $5,405 $118,680 $19,680 $99,000
2022 $4,991 $100,200 $19,680 $80,520
2021 $4,959 $109,860 $19,680 $90,180
2019 $4,729 $83,040 $19,680 $63,360
2018 $4,462 $23,347 $4,175 $19,172
2017 $4,192 $22,034 $4,648 $17,386
2016 $3,850 $20,809 $5,413 $15,396
2015 $2,287 $20,800 $7,259 $13,541
2014 $2,287 $20,004 $8,379 $11,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10865854

Real Estate Board of New York (REBNY)

APN: 01052-0019

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