NOT LISTED FOR SALE

Estimated Value: $474,000 - $548,000

1 Bed
1 Bath
705 Sq Ft
$342/mo HOA Fee

Last Sold January 19, 2021

Last sale price $430,000 $610 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,771/month

2 Days on Market

Highlights

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

About This Home

As of January 2021

Spacious and airy, this large one bedroom, one 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. 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 Listed By

MaryAnne Farrell

Compass License #10401225676 Listed on: 01/16/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,364

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.66

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • 705 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • East Facing Home
  • 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

$5,364

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Cross Street: Rockaway Beach Boulevard/Ocean Promenade
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Rockaway Park
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 705.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

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: 342.0
  • 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: 5364.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2020
Sold by
Beach 116 Associates Llc
Bought by
Miller Steven
Total Days on Market
2
Current Estimated Value
$508,643

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
Miller Steven $439,264 --
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
01/19/2021 01/19/21 Sold $430,000 0.0% $610 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $430,000 -- $610 / 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 $6,979 $67,661 $7,560 $60,101
2023 $6,799 $67,179 $7,997 $59,182
2022 $5,049 $66,698 $7,997 $58,701
2021 $6,933 $56,514 $7,997 $48,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10024513

Real Estate Board of New York (REBNY)

APN: 16226-1246