NOT LISTED FOR SALE

2016 Bath Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $925,378

Studio
-- Baths
1,996 Sq Ft
$464/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2020

Last sale price $835,000 $418 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,715 / mo

Highlights

  • Wood Flooring
  • Is 281 Joseph B Cavallaro Rated 9+
  • Baseboard Heating

About This Home

As of September 2020

Attention investors and doctors, 7% Cap Rate! Mixed Use Building with 1200 sq ft of Medical Office on walk-in ground floor and 779 sq ft in fully finished basement. The medical office is occupied by seller, who is ready to retire. The 2nd floor is a 2BR, 779 sq ft apartment rented for $1,750. No lease. Can be delivered vacant. The apartment can be rented for even more, after a fresh coat of paint. The building is detached and the apartment has no neighbors. Tenant pays for their own electricity and heat. The medical office can be rented for $3,500. Very good location on Bath Ave between Bay Pkwy and 21st Ave. Motivated seller!

Last Agent to Sell the Property

Alexey Kogan

RE/MAX Edge License #10301215469 Listed on: 07/02/2020

RE/MAX Edge

Last Buyer's Agent

Maria Castellano

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,869

Year Built

  • Built in 1925

Lot Details

  • 1,208 Sq Ft Lot
  • Lot Dimensions are 63 x 19
  • Property is zoned R5

Home Design

  • Mixed Use
  • Block Foundation
  • Asphalt Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Baseboard Heating
  • Heating System Uses Gas
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Community Details

  • Gross Income $5,250

Listing and Financial Details

  • Tax Block 6442

Property Details

Property Type

Other

Est. Annual Taxes

$12,869

Year Built

Built in 1925

Lot Details

1,208 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 20th Av
  • Cross Street Name2: Bay 25th St
  • Heat Delivery: Baseboard
  • Number Of Families: 1
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 1996
  • Building Stories: 2
  • Street Name I D X: Bath
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1208

Exterior Features

  • Yard: None
  • Exterior Building Type: Detached
  • Construction Type: Block
  • Exterior: Stone
  • Foundation Details: Block
  • Lot Number: 33
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 63
  • Lot Size Width: 19
  • Zoning: R5

Multi Family

  • Annual Gross Income: 5250
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 12869.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Wahid Abdul
Bought by
Current Estimated Value
$925,378

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 3, 2020
Sold by
Kogut Henry and Zaltsman Helen
Bought by
Wahid Abdul
Seller's Agent
Alexey Kogan
RE/MAX Edge
Buyer's Agent
Maria Castellano
Sold Price
$835,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
May 31, 2002
Sold by
Zaltsman Helen
Bought by
Zaltsman Helen and Kogut Henry

Purchase Details

Closed on
May 8, 2000
Sold by
Ron Paul Realty Corp
Bought by
Zaltsman Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.24%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bath Beach, NY

  • Kawing Chiu Real Estate Agent - Ashford Homes LLC

    Kawing Chiu

    Ashford Homes LLC

    (844) 251-3656

    105 Total Sales

    3 in Bath Beach

    $475K - $930K Price Range

    Kawing Chiu
     Section Image
  • Vincent Geraldi Real Estate Agent - Coldwell Banker Advantage

    Vincent Geraldi

    Coldwell Banker Advantage

    (646) 502-6217

    18 Total Sales

    6 in Bath Beach

    $995K - $1.8M Price Range

    Vincent Geraldi
     Section Image
  • Danielle Jabour Real Estate Agent - Jabour Realty Company

    Danielle Jabour

    Jabour Realty Company

    (551) 267-7250

    84 Total Sales

    2 in Bath Beach

    $1,420,000 Price Range

    Danielle Jabour
     Section Image
  • Thomas Dalcamo Real Estate Agent - Real Broker NY LLC

    Thomas Dalcamo

    Real Broker NY LLC

    (551) 203-9501

    45 Total Sales

    1 in Bath Beach

    $999,000 Price

    Thomas Dalcamo
     Section Image
  • Patricia Ottati Real Estate Agent - BERKSHIRE HATHAWAY

    Patricia Ottati

    BERKSHIRE HATHAWAY

    (347) 970-8775

    30 Total Sales

    1 in Bath Beach

    $1,400,000 Price

    Patricia Ottati
     Section Image
  • Diana Hiotis Real Estate Agent - BERKSHIRE HATHAWAY

    Diana Hiotis

    BERKSHIRE HATHAWAY

    (516) 518-5954

    65 Total Sales

    1 in Bath Beach

    $1,400,000 Price

    Diana Hiotis
     Section Image
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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
-- --
Wahid Abdul $835,000 --
Zaltsman Helen -- --
Zaltsman Helen $280,000 United General Title Ins Co
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
Closed -- $160,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $835,000 -- $418 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax 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.

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 $17,890 $204,750 $43,650 $161,100
2025 $17,007 $194,400 $43,650 $150,750
2024 $17,007 $193,500 $43,650 $149,850
2023 $16,212 $168,300 $43,650 $124,650
2022 $15,942 $166,050 $43,650 $122,400
2021 $11,646 $108,900 $43,650 $65,250
2019 $14,714 $152,100 $43,650 $108,450
2018 $12,869 $148,050 $43,650 $104,400
2017 $10,967 $145,800 $43,650 $102,150
2016 $9,888 $135,450 $43,650 $91,800
2015 -- $118,350 $43,650 $74,700
2014 -- $64,350 $43,650 $20,700
Source: Public Records

Agents Affiliated with this Home

  • Alexey Kogan Real Estate Agent - RE/MAX Edge

    Seller's Agent in 2020

    Alexey Kogan

    RE/MAX Edge

    31 Total Sales

    Alexey Kogan
    Section Image
  • Maria Castellano Real Estate Agent

    Buyer's Agent in 2020

    Maria Castellano

    (917) 318-1775

    2 in this area

    32 Total Sales

    Maria Castellano
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440057

Brooklyn Board of REALTORS®

APN: 06442-0033

New York Kings County Brooklyn 11214 Bath Beach

2016 Bath Ave, Brooklyn, NY

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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