NOT LISTED FOR SALE

Estimated Value: $688,000 - $746,000

2 Beds
2 Baths
1,132 Sq Ft
$408/mo HOA Fee

Last Sold June 27, 2023

Last sale price $650,000 $574 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,327/month

68 Days on Market

Highlights

  • Newly Remodeled
  • Garage
  • 5-minute walk to Tribute Park
  • Balcony
  • West Facing Home

About This Home

As of June 2023

Now available for immediate occupancy, Residence 4M offers a 2 bedroom, 2 bathroom sunbathed beach home with a private balcony!

Its expansive ceilings and floor to ceiling windows absorb the natural light throughout the thoughtfully designed residence. European white oak flooring and abundant closet space accentuate the elegance and luxury of this thoughtfully designed residence. The open kitchen delivers stainless steel appliances by LG, custom and generous white and grey cabinetry, honed Carrara Quartz countertops, and glazed ceramic backsplashes ideal for entertaining.

The laundry room features sleek ventilated Bosch washer and dryer for the utmost in convenience. The five fixture Kohler contemporary bath complete with grey and white porcelain and ceramic tiling paired with custom cabinetry, three medicine cabinets and a double vanity complete this spectacular home.

Amenities available to residents at One Sixteen include a lobby attendant, bike storage, fitness center, onsite valet parking, and two resident lounges: an impressive 4,600-square-foot impeccably landscaped roof deck and Eighth floor club with a giant entertainment space that have sprawling and gorgeous Western views of the bay and ocean. One Sixteen truly articulates a beachside living lifestyle.

Availability and additional fees may apply.

Last Agent to Sell the Property

Nicholas Compagnone

Douglas Elliman Real Estate License #10401284576 Listed on: 03/24/2023

Douglas Elliman Real Estate

Co-Listed By

Glenn Davis

Douglas Elliman Real Estate License #10301209267

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,092

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.66

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • Balcony
  • West Facing Home

Community Details

  • 86 Units
  • One Sixteen Condos
  • Rockaway Park Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 16226

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,092

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Cross Street: OCEAN PROMENADE and ROCKAWAY BEACH BOULEVARD
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Rockaway Park
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 408.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: ONE SIXTEEN
  • Units: 86
  • Total Stories: 8
  • Year Built: 2018

Tax Info

  • Tax Block: 16226
  • Tax Annual: 13092.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 27, 2023
Sold by
Beach 116 Associates Llc
Bought by
Boria Edward
Seller's Agent
Nicholas Compagnone
Douglas Elliman Real Estate
List Price
$650,000
Sold Price
$650,000
Views
80
Current Estimated Value
$715,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,781
Avg. Annual Appreciation
5.82%
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 Buyer Sale Price Title Company
Boria Edward $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bank Leumi Usa $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $650,000 0.0% $574 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $650,000 -- $574 / 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
2024 $11,167 $108,265 $12,098 $96,167
2023 $13,186 $107,495 $12,797 $94,698
2022 $13,058 $106,725 $12,797 $93,928
2021 $11,093 $90,429 $12,797 $77,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10908307

Real Estate Board of New York (REBNY)

APN: 16226-1244