NOT LISTED FOR SALE

1702-1712 E 16th St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $2,381,346

-- Bed
-- Bath
4,550 Sq Ft
$523/Sq Ft Est. Value

About This Home

This home is located at 1702-1712 E 16th St, Brooklyn, NY 11229 and is currently estimated at $2,381,346, approximately $523 per square foot. 1702-1712 E 16th St is a home located in Kings County with nearby schools including P.S. 197 Kings Highway Academy (The), Jhs 234 Arthur W Cunningham, and James Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
1702 East 16 Street Llc
Bought by
1702 Five Brothers Llc
Current Estimated Value
$2,381,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,592,870
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$788,476

Purchase Details

Closed on
Jul 7, 2023
Sold by
1702 East 16 Street Llc
Bought by
1702 East 16 Street Llc and 1702 Five Partners Llc

Purchase Details

Closed on
Jan 31, 2022
Sold by
United Y & C Property Management Inc
Bought by
1702 East 16 Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
1702 Five Brothers Llc $2,272,050 --
1702 East 16 Street Llc $4,497,626 --
1702 East 16 Street Llc $5,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1702 Five Brothers Llc $1,600,000
Previous Owner 1702 East 16 Street Llc $4,500,000
Source: Public Records

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 $41,239 $425,700 $155,250 $270,450
2024 $41,239 $413,100 $155,250 $257,850
2023 $42,685 $400,950 $155,250 $245,700
2022 $42,057 $391,050 $155,250 $235,800
2021 $35,370 $330,750 $155,250 $175,500
2020 $17,685 $410,850 $155,250 $255,600
2019 $39,932 $474,300 $155,250 $319,050
2018 $36,223 $400,950 $155,250 $245,700
2017 $35,296 $382,500 $155,250 $227,250
2016 $34,488 $346,050 $155,250 $190,800
2015 $15,400 $295,200 $155,250 $139,950
2014 $15,400 $297,900 $155,250 $142,650
Source: Public Records

Map

New York Kings County Brooklyn 11229 Homecrest

1702-1712 E 16th St, Brooklyn, NY

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