NOT LISTED FOR SALE

Estimated Value: $2,167,770 - $3,379,000

6 Beds
3 Baths
2,736 Sq Ft
$1,017/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2018

Last sale price $2,200,000 $804 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $15,959 / mo

88 Days on Market

About This Home

As of November 2018

New to the coveted Park Slope market, 151 16th St is a legal 3 family, 3 story brick house located on a quiet tree-lined block. Boasting a lovely south facing garden, this 3 unit townhouse is an excellent opportunity to create your dream home in Park Slope, appealling to both owners and investors. This large property is 20' wide 50' deep giving it 3000 SF as well as being semi-attached gives it instant appeal. It is being sold AS-IS with numerous maintained original details just waiting to be restored. Currently configired as 3 units with a full basement. The ground floor is 2 bedrooms and 1 bathroom. While the second and third floors each have 3 bedrooms and 1 bathroom. Location is another plus of this home. Convenietly situated between 4th and 5th Ave, tons of shops and restaurants are walking distance from the home including: YMCA, Whole Foods and 1 block from the R train at Prospect Avenue. Best of all, just 5 short blocks from the staple of Brooklyn, Prospect Park.

Last Agent to Sell the Property

SIGALIT SANILEVICH

Massada Home Sales Inc License #31HA0871647 Listed on: 07/01/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,960

Home Design

Community Details

  • 3 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Legal Lot and Block 71 / 1047

Property Details

Home Type

Multi-Family

Lot Details

1,960 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 3

Tax Info

  • Tax Block: 1047
  • Tax Lot: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Nov 1, 2018
Sold by
151 16Th St Llc
Bought by
151 16Th Llc
Seller's Agent
SIGALIT SANILEVICH
Massada Home Sales Inc
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$2,783,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,443
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Jun 21, 2018
Sold by
Accurso-Hobbs Deborah
Bought by
151 16Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1996
Sold by
Hobbs Thomas
Bought by
Accurso Hobbs Deborah
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
151 16Th Llc $2,150,000 --
151 16Th Llc $2,150,000 --
151 16Th Llc $2,150,000 --
151 16Th St Llc $1,675,000 --
151 16Th St Llc $1,675,000 --
151 16Th St Llc $1,675,000 --
Accurso Hobbs Deborah -- First American Title Ins Co
Accurso Hobbs Deborah -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 151 16Th St Llc $1,340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2018 11/14/18 Sold $2,200,000 +2.3% $804 / Sq Ft
11/01/2018 11/01/18 Sold $2,150,000 -2.3% $717 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Pending -- -- --
10/02/2018 10/02/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $2,200,000 +2.3% $804 / Sq Ft
07/01/2018 07/01/18 For Sale $2,150,000 -- $717 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,624 $181,620 $21,660 $159,960
2024 $11,624 $161,700 $21,660 $140,040
2023 $11,687 $142,920 $21,660 $121,260
2022 $11,080 $129,420 $21,660 $107,760
2021 $11,288 $125,460 $21,660 $103,800
2019 $6,003 $102,780 $21,660 $81,120
2018 $5,783 $29,827 $4,694 $25,133
2017 $5,440 $28,154 $4,471 $23,683
2016 $5,002 $26,572 $4,749 $21,823
2015 $2,984 $25,081 $6,723 $18,358
2014 $2,984 $25,081 $8,065 $17,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10432226

Real Estate Board of New York (REBNY)

APN: 01047-0071

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