$610,000
SOLD JAN 4, 2021
2 Beds
2 Baths
1,106 Sq Ft
$534/mo HOA Fee

Recently Sold

$552 Per Sq Ft

132 Days on Market

Highlights

  • New Construction
  • Balcony
  • 5-minute walk to Tribute Park
  • Rooftop Deck
  • Central Air

About This Home

As of January 2021

Spacious and airy, this large two bedroom, two bathroom, eastern-facing condo exudes a refined natural elegance unparalleled in the Rockaways. Located within a block of the shore line and bathed in natural light with floor-to-ceiling windows, 9-foot ceilings and European white oak flooring, this residence is ideal for entertaining or relaxing. Enjoy your private balcony with views of the bay and city skyline. The open kitchen has been designed with convenience in mind. Stainless steel appliances, grey-and-white custom cabinetry, Quartz countertops, and glazed ceramic backsplashes ensure your cooking spaces are practical and beautiful. Elegant baths feature custom cabinetry with Quartz counters, Kohler fixtures, and a mix of grey-and-white ceramic and porcelain tiles. Sleek in-unit Bosch washers and dryers wed convenience and style. Welcome home to beachside living.

One Sixteen's amenities have been thoughtfully considered. Residents can enjoy two lounges, one adjacent to the lobby, and the Eighth Floor Club, a 900-square-foot entertaining space with bay and ocean views. The amenity package also includes a 4,600-square-foot landscaped roof deck, 1,200-square-foot fitness center, on-site parking*, bike storage, and additional storage*.

The complete offering terms are available in an offering plan from Sponsor. File No. CD180140. Sponsor: Beach 116 Associates LLC, 2361 Nostrand Avenue, Brooklyn, NY, 11210. Equal Housing Opportunity.

* Availability and additional fees may apply

Last Agent to Sell the Property

Melissa Sheehy

Compass License #10401283909 Listed on: 11/15/2018

Compass

Co-Listed By

Maxine Resnick

Compass License #10301205432

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • 1,106 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 25 / 16226

Community Details

Overview

  • Rockaway Park Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,376

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Cross Street: Rockaway Beach Boulevard/Ocean Promenade
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Rockaway Park
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1106.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 534.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • Total Stories: 8
  • Year Built: 2019

Tax Info

  • Tax Block: 16226
  • Tax Lot: 25
  • Tax Annual: 8376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Dec 31, 2020
Sold by
Beach 116 Associates Llc
Bought by
Lehman Andrew and Lehman Drew
Seller's Agent
Melissa Sheehy
Compass
List Price
$610,000
Sold Price
$610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$210,000
Outstanding Balance
$188,677
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$530,020
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $624,390 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 Purchase Money Mortgage
Closed $0 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $690,000 +13.1% $624 / Sq Ft
01/04/2021 01/04/21 Sold $610,000 0.0% $552 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $610,000 -- $552 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $13,192 $105,018 $12,472 $92,546
2024 $10,884 $105,522 $11,791 $93,731
2023 $13,098 $104,771 $9,864 $94,907
2022 $10,500 $104,020 $12,472 $91,548
2021 $10,812 $88,137 $12,472 $75,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10024362

Real Estate Board of New York (REBNY)

APN: 16226-1209