NOT LISTED FOR SALE

1759 E 16th St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $916,058 - $1,096,000

2 Beds
1.5 Baths
1,462 Sq Ft
$668/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $860,000 $588 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,885/month

Highlights

  • Terrace
  • 3-minute walk to Kings Highway (B,Q Line)
  • Central Air
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Tile Flooring
  • Laundry Facilities

About This Home

As of March 2022

Great investment opportunity -R5B FAR1.35 Zoning needs major renovation (possible total gut). One block from Kings Highway; very short distance to Q train and B82 bus and retail stores. Priced to sell Bring your architect and discover the possibilities.

Last Agent to Sell the Property

Hui Bing Wu

Kate Lynn Realty Inc Listed on: 05/19/2021

Last Buyer's Agent

Van Huynh

RE/MAX Real Estate Professionals License #40HU1161965

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard
  • Property is zoned R5-B

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

  • 1,462 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Terrace

Utilities

  • Central Air
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Block 6799

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,800

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 1.50
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 585
  • Building Length: 45.00
  • Building Width: 13.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Quentin Road
  • Cross Street Name2: Avenue R
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Central Air, Laundry Area, Terrace
  • Rooms Total Level1: 2
  • Rooms Total Level2: 2
  • Rooms Total Level3: 1
  • Fill Sq Ft Total: 1462
  • Building Stories: 3
  • Street Name I D X: 16th
  • Street Number I D X: 1759
  • Building Style: Duplex
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Lot Sq Ft: 2000
  • Room Count: 8
  • Total Rooms: 6

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Exterior: Stone
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 67
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5-B

Tax Info

  • Flip Tax Amount: 5800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Mar 22, 2022
Sold by
28 Group Llc
Bought by
Chen Vincy Yingsi
Seller's Agent
Hui Bing Wu
Kate Lynn Realty Inc
Buyer's Agent
Van Huynh
RE/MAX Real Estate Professionals
Sold Price
$860,000
Current Estimated Value
$976,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,265
Avg. Annual Appreciation
3.47%
Original Mortgage
$550,000
Outstanding Balance
$517,900
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$447,354

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 9, 2019
Sold by
Cox Mary I
Bought by
28 Group Llc
Seller's Agent
Leon Fruchtzweig
Buyer's Agent
Ana Darakhvelidze
Century 21 Homefront Realty
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%
Original Mortgage
$671,750
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
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
Chen Vincy Yingsi $860,000 --
28 Group Llc $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Vincy Yingsi $550,000
Previous Owner 28 Group Llc $671,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $577,500 -- --
03/22/2022 03/22/22 Sold $860,000 +49.6% $588 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
08/09/2019 08/09/19 Sold $575,000 -0.4% $614 / Sq Ft
08/09/2019 08/09/19 Sold $577,500 -3.7% $535 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
05/20/2019 05/20/19 Pending -- -- --
05/15/2019 05/15/19 Price Changed $599,500 +85788.3% $556 / Sq Ft
04/02/2019 04/02/19 For Sale $698 -- $1 / Sq Ft
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 $5,917 $54,960 $10,920 $44,040
2024 $5,917 $46,620 $10,920 $35,700
2023 $5,983 $47,400 $10,920 $36,480
2022 $5,837 $49,200 $10,920 $38,280
2021 $5,805 $53,940 $10,920 $43,020
2020 $5,805 $45,360 $10,920 $34,440
2019 $5,135 $45,360 $10,920 $34,440
2018 $5,004 $24,549 $8,559 $15,990
2017 $4,967 $24,364 $7,645 $16,719
2016 $4,595 $22,986 $7,301 $15,685
2015 $2,772 $21,685 $7,877 $13,808
2014 $2,772 $20,458 $8,183 $12,275
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hui Bing Wu

    Kate Lynn Realty Inc

    (347) 254-8553

    1 in this area

    8 Total Sales

    Section Image

  • V

    Buyer's Agent in 2022

    Van Huynh

    RE/MAX

    (718) 372-8200

    1 in this area

    49 Total Sales

    Section Image
  • Leon Fruchtzweig

    Seller's Agent in 2019

    Leon Fruchtzweig

    (347) 921-2280

    13 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Ana Darakhvelidze

    Century 21 Homefront Realty

    (718) 252-6060

    4 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451293

Brooklyn Board of REALTORS®

APN: 06799-0067

New York Kings County Brooklyn 11229 Homecrest

1759 E 16th St, Brooklyn, NY

This home is located at 1759 E 16th St, Brooklyn, NY 11229 since 19 May 2021 and is currently estimated at $976,265, approximately $667 per square foot. This property was built in 1925. 1759 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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