NOT LISTED FOR SALE

1356 E 16 St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $903,000 - $1,219,000

4 Beds
2 Baths
-- Sq Ft
1,518 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $773,000

Est. 38% increase in value since last sale

Current estimated payment $6,220/month

Highlights

  • Wood Flooring
  • 2-minute walk to Avenue M
  • Private Driveway
  • Attached Garage
  • Heating System Uses Steam

About This Home

As of August 2021

Legal 2 family attached brick house in Midwood. 1fl: 2 bedrooms with 1 full bath. Open kitchen with living room. 2fl: 2 bedrooms with 1 full bath( easy to change to 3 bedrooms). Open kitchen with dining room and living room. Building Size 33x30 on Lot 33x46. Annual property tax: $7,200. Zoning R5b. Year built: 1940. Attached garage and a private driveway. Gas boiler and water heater. 2 gas meter and 2 electric meter. Near B/Q train Ave M station and B9 bus. Convenient to all. Can delivery vacant when the title changes. Perfect for investor or End user.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 12/28/2020

RE/MAX Edge

Last Buyer's Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 12/28/2020

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 1940

Lot Details

  • 1,518 Sq Ft Lot
  • Lot Dimensions are 46 x 33

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,200

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 30.00
  • Building Width: 33.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave M
  • Cross Street Name2: Ave N
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Garage Door Opener(s)
  • Building Stories: 2
  • Street Name I D X: 16
  • Withdrawal Type: Temporarily off Market
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1518

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 46
  • Lot Size Width: 33
  • Zoning: R5b

Tax Info

  • Flip Tax Amount: 7200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Aug 26, 2021
Sold by
Liu Jenny Jie Ling and Tan Bi Feng
Bought by
Lin Bing Xing
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
Sold Price
$773,000
Current Estimated Value
$1,066,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,714
Avg. Annual Appreciation
7.67%
Original Mortgage
$450,000
Outstanding Balance
$409,467
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$657,247

Purchase Details

Closed on
Jul 5, 2016
Sold by
Tan Bi Feng
Bought by
Liu Jenny Jie Ling and Tan Bi Feng
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
Lin Bing Xing $773,000 --
Liu Jenny Jie Ling $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Bing Xing $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $773,000 -- --
12/28/2020 12/28/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,780 $46,920 $14,760 $32,160
2024 $7,780 $48,840 $14,760 $34,080
2023 $7,421 $52,260 $14,760 $37,500
2022 $5,162 $46,380 $14,760 $31,620
2021 $7,255 $46,380 $14,760 $31,620
2020 $5,442 $46,620 $14,760 $31,860
2019 $6,752 $46,620 $14,760 $31,860
2018 $6,208 $30,452 $11,082 $19,370
2017 $5,857 $28,730 $10,564 $18,166
2016 $5,743 $28,730 $9,616 $19,114
2015 $3,269 $28,512 $13,728 $14,784
2014 $3,269 $26,899 $15,492 $11,407
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wu

    Seller's Agent in 2021

    Kelly Wu

    RE/MAX Edge

    (917) 345-6368

    2 in this area

    219 Total Sales

    Kelly Wu
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446245

Brooklyn Board of REALTORS®

APN: 06744-0031

New York Kings County Brooklyn 11230 Midwood

1356 E 16 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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