NOT LISTED FOR SALE

1714 E 16th St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $778,919 - $1,016,000

-- Bed
2 Baths
1,648 Sq Ft
$541/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $888,000 $539 Per Sq Ft

Current estimated payment $5,425/month

Highlights

  • Wood Flooring
  • 2-minute walk to Kings Highway (B,Q Line)
  • Multiple cooling system units
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • 1 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of January 2021

We are pleased to present this legal brick two family. The building stretches 33 wide and 29 feet deep, it sits on a 33.33 x 48 lot with R5B zoning. Currently configured as a top floor two bedroom apartment, featuring new cherry wood kitchen with stainless steel appliances, beveled granite counter top, large living room, tiled bathroom. First floor has large bedroom, Living room, EIK and full bathroom. There is a private carport and a garage. This house is in beautiful condition. The location is prime, near everything. Bring all offers.

Last Agent to Sell the Property

Mina Pecorella

Listed on: 10/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,673

Year Built

  • Built in 1940

Lot Details

  • 1,597 Sq Ft Lot
  • Lot Dimensions are 48 x 33
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 1,648 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Parquet
  • Ceramic Tile

Parking

  • 1 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 6798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,673

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 957
  • Building Length: 29.00
  • Building Width: 33.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy
  • Cross Street Name2: Avenue R
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Laundry Area, Stove
  • Fill Sq Ft Total: 1648
  • Building Stories: 2
  • Street Name I D X: 16
  • Street Number I D X: 1714
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Ceramic, Hardwood, Parquet
  • Lot Sq Ft: 1597

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 18
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, 220 V, Circuit Breakers, Fuses
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 48
  • Lot Size Width: 33
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 5673.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Philoctete Gaetane
Bought by
Kennedy Freida and Philoctete Gaetane
Current Estimated Value
$891,730

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 29, 2021
Sold by
Chan Rick and Chan Susie
Bought by
Philoctete Gaetane
Seller's Agent
Mina Pecorella
Sold Price
$888,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%
Original Mortgage
$754,800
Outstanding Balance
$676,050
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,680
Source: Public Records

Range of Values:

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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
Kennedy Freida -- --
Philoctete Gaetane $888,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philoctete Gaetane $754,800
Previous Owner Chan Mui King $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $888,000 -- $539 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $6,797 $44,460 $11,220 $33,240
2024 $6,797 $52,320 $11,220 $41,100
2023 $6,820 $53,400 $11,220 $42,180
2022 $6,325 $51,600 $11,220 $40,380
2021 $6,291 $47,760 $11,220 $36,540
2020 $2,802 $37,680 $11,220 $26,460
2019 $5,606 $37,680 $11,220 $26,460
2018 $5,407 $27,986 $8,216 $19,770
2017 $5,083 $26,403 $8,270 $18,133
2016 $4,670 $24,909 $7,036 $17,873
2015 $2,784 $23,500 $8,285 $15,215
2014 $2,784 $23,500 $9,935 $13,565
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mina Pecorella

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444908

Brooklyn Board of REALTORS®

APN: 06798-0018

New York Kings County Brooklyn 11229 Homecrest

1714 E 16th St, Brooklyn, NY

This home is located at 1714 E 16th St, Brooklyn, NY 11229 since 27 October 2020 and is currently estimated at $891,730, approximately $541 per square foot. This property was built in 1940. 1714 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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