NOT LISTED FOR SALE

Estimated Value: $706,000 - $860,000

2 Beds
2 Baths
1,073 Sq Ft
$598/mo HOA Fee

Last Sold January 25, 2021

Last sale price $780,000 $727 Per Sq Ft

Current estimated payment $5,999/month

Highlights

  • New Construction
  • Terrace
  • 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 expansive 346 SF private terrace with beautiful beach and bay views. 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*. No open toe shoes or children allowed on model tours, as per construction policy.

Images shown may have variations from this specific residence. 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: 10/06/2020

Compass

Co-Listed By

MaryAnne Farrell

Compass License #10401225676

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,700

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.66

HOA Fees

  • $598 Monthly HOA Fees

Home Design

  • 1,073 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • 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

$8,700

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$598 per month

Listing Details

  • Cross Street: Rockaway Beach Boulevard/Ocean Promenade
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Rockaway Park
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1073.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Terrace

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: 598.0
  • 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: 8700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 20, 2021
Sold by
Beach 116 Associates Llc
Bought by
Blaker Alexander and Blaker Ellina
Seller's Agent
Melissa Sheehy
Compass
List Price
$780,000
Sold Price
$780,000
Current Estimated Value
$781,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,555
Avg. Annual Appreciation
-0.41%
Original Mortgage
$340,000
Outstanding Balance
$305,325
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$460,316
Source: Public Records

Range of Values:

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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
Blaker Alexander $797,493 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaker Alexander $340,000
Previous Owner Bank Leumi Usa $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $780,000 0.0% $727 / Sq Ft
10/06/2020 10/06/20 For Sale $780,000 -- $727 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
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 $13,704 $109,095 $12,956 $96,139
2024 $13,704 $109,618 $12,249 $97,369
2023 $13,607 $108,838 $10,246 $98,592
2022 $13,221 $108,058 $12,956 $95,102
2021 $11,232 $91,559 $12,956 $78,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10024581

Real Estate Board of New York (REBNY)

APN: 16226-1270