$1,150,000
SOLD JAN 16, 2025
7 Beds
2.5 Baths
2,256 Sq Ft
2,000 Sq Ft Lot

Recently Sold

$510 Per Sq Ft

12% Below List Price

30 Days on Market

Highlights

  • Colonial Architecture
  • 5-minute walk to Central Avenue
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • 5-minute walk to Maria Hernandez Park

About This Home

As of January 2025

**BRING YOUR BUYERS!** HELLOOOO R6 ZONING! DELIVERED VACANT! MOTIVATED SELLER! A PERFECT PROPERTY FOR THE INVESTOR LOOKING FOR AN EXPENSIVE FLIP OR THE END-USER LOOKING FOR A PROPERTY THAT WILL HOLD IT'S EQUITY AS WELL AS GROW IN EQUITY. This is a 2 FAMILY BUILDING BEING DELIVERED VACANT WITH R6 ZONING! THIS PROPERTY HAS FANTASTIC POTENTIAL ...JUST LOOK AT OUR NEIGHBORS TO THE LEFT AND RIGHT OF US! NEXT DOOR 18 STARR ST SOLD FOR $3.71m AND 24 STARR ST SOLD FOR $4.59m. Very easy comps. This house is mortgageable/ a cash offer isn't necessary, just good terms. - Location, Location, Location...LITERALLY a 6 Minute Walk to the Central Ave M Subway, 11 Minute to the J, M, Z, 12 Minute Walking Distance to the L Subway, Multiple Buses, and Anything a Renter Desires. - Surrounded by eateries and night time entertainment! Built in 1920, 16 Starr Street is Located in the Heart of Bushwick...Only a skip away from Ridgewood, Williamsburg, and Greenpoint. Bushiwick is a Desirable place to call home for many of your potential renters because of the convenience to the City, the Parks, and the Shops and Eateries that run along almost all of its busy streets as well a mature art scene that has been moving in over the years. In a neighborhood where everyone walks or rides a bike, Bushwixk is a Renters Favorite Pick. Building Layout: First Floor: (1) 3 Bedroom BOXED unit Floor Two: (1) 3-Bedroom/4-Bedroom BOXED Unit with Eat-in Kitchen Other Fantastic Details that make this your next purchase: Lot: 20X100 Building: 20X53 R6 ZONING Building Class: 2 Families DELIVERED VACANT LOCATED IN A RENTERS HAVEN Tall Ceilings SUPER LOW Taxes: $2,770.12 Information is Deemed Reliable but not Guaranteed. Please perform your own due diligence., Additional information: Appearance:EXCELLENT

Last Agent to Sell the Property

amber sclar

BLT Minimax Realty Inc Brokerage Phone: 718-609-0800 License #10311210150 Listed on: 10/09/2024

Last Buyer's Agent

amber sclar

BLT Minimax Realty Inc Brokerage Phone: 718-609-0800 License #10311210150 Listed on: 10/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Parking

  • No Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Location

  • Property is near public transit

Schools

  • All City Leadership Secondary Sch Middle School
  • All City Leadership Secondary Sch High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 12 / 3196
  • Assessor Parcel Number 03196-0012

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,770

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1920
  • Attribution Contact: 718-609-0800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Bilco Door(s), Full, Partially Finished
  • Total Bedrooms: 7
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No
  • Parking Description: No Garage, None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Hot Water, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: All City Leadership Secondary Sch

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03196-0012
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2770.12
  • Tax Block: 3196
  • Tax Lot: 12

MLS Schools

  • High School: All City Leadership Secondary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Cartagena Gladys and Otero Angel
Bought by
Cartagena Jose M
Current Estimated Value
$1,243,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,500
Outstanding Balance
$502,026
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$741,200
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,037 Unknown
Open $574,500 Purchase Money Mortgage
Previous Owner $72,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $1,150,000 -11.5% $510 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $1,300,000 -- $576 / Sq Ft
Source: OneKey® MLS

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 $2,770 $86,340 $13,260 $73,080
2024 $2,770 $83,760 $13,260 $70,500
2023 $2,648 $102,780 $13,260 $89,520
2022 $2,460 $95,520 $13,260 $82,260
2021 $2,450 $87,960 $13,260 $74,700
2020 $1,838 $74,760 $13,260 $61,500
2019 $2,404 $68,220 $13,260 $54,960
2018 $2,215 $10,866 $3,059 $7,807
2017 $2,093 $10,268 $2,458 $7,810
2016 $1,940 $9,703 $3,135 $6,568
2015 $1,168 $9,703 $3,521 $6,182
2014 $1,168 $9,578 $3,726 $5,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3584263

OneKey® MLS

APN: 03196-0012