NOT LISTED FOR SALE

16 Cheever Place Brooklyn, NY 11231

Cobble Hill Neighborhood

Estimated Value: $2,732,000 - $4,454,000

4 Beds
4 Baths
3,400 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $2,730,000 $803 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $19,688/month

102 Days on Market

Highlights

  • Pre War Building
  • Den
  • Entrance Foyer
  • P.S. 29 John M. Harrigan Rated A
  • Community Garden
  • Garden

About This Home

As of October 2019

Location, value and charm: a three-unit townhouse on one of Cobble Hill's most Instagram worthy blocks. The owner's duplex has a large full-floor living space with an open dining area and a big renovated kitchen which leads to a spacious private garden. There are two bedrooms, an interior den, two baths, laundry, and a usable 800-square-foot sky lit basement that is not included in the square footage. Additionally, there are two one-bedroom, floor-through rental units with renovated eat-in kitchens and baths, and individual laundry. They rent out at approximately $3,000 per month each or can be combined with the owners' duplex. Built in 1899, this 3,400-square-foot residence is 16'7” x 50' on an 88'5” lot. The property can be delivered vacant. The central Cobble Hill location is ideal for great local stores and dynamic restaurants. Union Market, Staubitz Market, Brooklyn Bridge Park, Carroll Park and the F/G trains (Bergen Street) are all nearby. A great home in a great neighborhood.

Last Agent to Sell the Property

Patrick Lilly

CORE Group Marketing LLC License #30LI0506568 Listed on: 02/27/2019

CORE Group Marketing LLC

Co-Listed By

Jasmin Abrol

CORE Group Marketing LLC License #40AB1057766

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1855

Lot Details

  • 1,475 Sq Ft Lot
  • Lot Dimensions are 16.67 x 88.5
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 3,400 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Den

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

Overview

  • 3 Units
  • Cobble Hill Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Exposures: East,West
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Cobble Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Den, Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 3400.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Area: 1475.0
  • Lot Size Dimensions: 16.67 x 88.5

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1855

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Sep 27, 2019
Sold by
Carroll John and Carroll Melissa
Bought by
Betan-Hartman Leeorah and Hartman Dustin Chace
Seller's Agent
Patrick Lilly
CORE Group Marketing LLC
List Price
$3,225,000
Sold Price
$2,730,000
Premium/Discount to List
-$495,000
-15.35%
Current Estimated Value
$3,605,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$875,423
Avg. Annual Appreciation
4.49%
Original Mortgage
$2,100,000
Outstanding Balance
$1,839,706
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,765,717

Purchase Details

Closed on
Sep 22, 1997
Sold by
Vaccarino Salvatore
Bought by
Carroll John and Carroll Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.12%
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
Betan-Hartman Leeorah $2,730,000 --
Carroll John $459,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betan-Hartman Leeorah $2,100,000
Previous Owner Carroll John $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2023 01/24/23 Off Market $2,730,000 -- --
10/01/2019 10/01/19 Sold $2,730,000 -15.3% $803 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $3,225,000 -- $949 / 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 $6,649 $202,080 $27,960 $174,120
2024 $6,649 $235,380 $27,960 $207,420
2023 $6,374 $254,760 $27,960 $226,800
2022 $5,922 $252,240 $27,960 $224,280
2021 $6,243 $227,220 $27,960 $199,260
2019 $5,771 $274,440 $27,960 $246,480
2018 $5,331 $26,154 $3,858 $22,296
2017 $5,039 $24,721 $3,964 $20,757
2016 $4,942 $24,721 $3,738 $20,983
2015 $2,593 $24,358 $5,527 $18,831
2014 $2,593 $22,990 $6,206 $16,784
Source: Public Records

Agents Affiliated with this Home

  • Patrick Lilly

    Seller's Agent in 2019

    Patrick Lilly

    CORE Group Marketing LLC

    (845) 853-8007

    15 Total Sales

    Patrick Lilly
    Section Image
  • Jasmin Abrol

    Seller Co-Listing Agent in 2019

    Jasmin Abrol

    CORE Group Marketing LLC

    (212) 612-9639

    14 Total Sales

    Jasmin Abrol
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10804273

Real Estate Board of New York (REBNY)

APN: 00321-0045

New York Kings County Brooklyn 11231 Cobble Hill

16 Cheever Place, Brooklyn, NY

Not Listed for Sale

MultiFamily

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