NOT LISTED FOR SALE

1729 E 16th St Brooklyn, NY 11229

Homecrest Neighborhood
-- Bed
-- Bath
7,420 Sq Ft
2,178 Sq Ft Lot

About This Home

Introducing this FREE MARKET five-story mixed use building for sale! Located in the heart of Homecrest, this property features 1 commercial and 4 residential units. The first floor is 1800SF and the cellar is 1500SF, serving as 1 community office space. First Floor and Cellar are currently being used as a medical office, with one parking space at the front. The upper floors each have dimensions of 20 x 55. Each residential unit features three bedrooms, 2 bathrooms, and a balcony. NOT rent stabilized, FREE MARKET. Electric meters and gas meters have all been separated. Conveniently located near Kings Hwy commercial district, with restaurants, grocery stores, big department stores, banks, pharmacies, and parks all within a short distance. Few minutes away from B&Q train, B2, B31, B100 bus stop. Commercial Unit will be delivered vacant March 2025. Perfect for owner-use or investors targeting strategic location, quality of living, and exponential investment growth. All information is deemed reliable but is not guaranteed. Buyer is advised to independently verify the accuracy of all information.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2003
Sold by
C2y Development Llc
Bought by
Kingdom Family Llc

Purchase Details

Closed on
May 7, 2002
Sold by
Biltmore Development Cor
Bought by
C2y Development Llc

Purchase Details

Closed on
Oct 28, 1996
Sold by
Geringer Harriet
Bought by
Biltmore Development Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kingdom Family Llc $200,000 --
C2y Development Llc -- --
Biltmore Development Corp $70,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 For Sale $2,700,000 -- $364 / Sq Ft

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 $17,166 $703,350 $229,500 $473,850
2024 $17,166 $631,350 $229,500 $401,850
2023 $16,843 $558,450 $229,500 $328,950
2022 $14,205 $465,300 $229,500 $235,800
2021 $11,283 $547,200 $229,500 $317,700
2020 $4,287 $600,750 $229,500 $371,250
2019 $6,541 $724,680 $229,500 $495,180
2018 $13,434 $105,621 $26,759 $78,862
2017 $4,896 $102,345 $30,154 $72,191
2016 $4,650 $94,764 $33,892 $60,872
2015 $3,117 $87,746 $37,669 $50,077
2014 $3,117 $81,247 $41,854 $39,393
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2024

    XueFang (Sue Li

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Map

New York Kings County Brooklyn 11229 Homecrest

1729 E 16th St, Brooklyn, NY

Not Listed for Sale

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