1702-1712 E 16th St Brooklyn, NY 11229
Homecrest NeighborhoodEstimated Value: $2,393,129
Studio
--
Bath
4,550
Sq Ft
$526/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 $2,393,129, approximately $525 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
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
$1,582,553
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$810,576
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1702 Five Brothers Llc | $2,272,050 | -- | |
| 1702 Five Brothers Llc | $2,272,050 | -- | |
| 1702 East 16 Street Llc | $4,497,626 | -- | |
| 1702 East 16 Street Llc | $4,497,626 | -- | |
| 1702 East 16 Street Llc | $5,450,000 | -- | |
| 1702 East 16 Street Llc | $5,450,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1702 Five Brothers Llc | $1,600,000 | |
| Closed | 1702 Five Brothers Llc | $1,600,000 | |
| Previous Owner | 1702 East 16 Street Llc | $4,500,000 |
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 |
|---|---|---|---|---|
| 2026 | $42,220 | $437,850 | $155,250 | $282,600 |
| 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 |
| 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
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