NOT LISTED FOR SALE

220 16th St Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $5,927,276

Studio
-- Bath
8,930 Sq Ft
$664/Sq Ft Est. Value

About This Home

This home is located at 220 16th St, Brooklyn, NY 11215 and is currently estimated at $5,927,276, approximately $663 per square foot. 220 16th St is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology, St. Joseph the Worker Catholic Academy, and Shema Kolainu-Hear Our Voices.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Grekam Realty Management Inc
Bought by
Sweet 16 Equities Llc
Current Estimated Value
$5,927,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,650,000
Outstanding Balance
$4,361,104
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,566,172

Purchase Details

Closed on
Apr 24, 2014
Sold by
Hancock Cindy and Hancock Cindy Lu
Bought by
Grekam Realty Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 1999
Sold by
Hancock Clifton and Greenberg Harvey L
Bought by
Hancock James and Hancock Cindy Lu
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
Sweet 16 Equities Llc $5,220,000 --
Sweet 16 Equities Llc $5,220,000 --
Sweet 16 Equities Llc $5,220,000 --
Grekam Realty Management Inc $1,820,000 --
Grekam Realty Management Inc $1,820,000 --
Grekam Realty Management Inc $980,000 --
Hancock James $174,000 Chicago Title Insurance Co
Hancock James -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet 16 Equities Llc $4,650,000
Closed Sweet 16 Equities Llc $4,650,000
Previous Owner Grekam Realty Management Inc $1,500,000
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
2024 $61,963 $870,300 $201,150 $669,150
2023 $51,213 $741,600 $201,150 $540,450
2022 $42,929 $637,200 $201,150 $436,050
2021 $31,761 $297,000 $59,400 $237,600
2020 $17,750 $378,900 $59,400 $319,500
2019 $31,132 $350,550 $59,400 $291,150
2018 $29,561 $332,100 $59,400 $272,700
2017 $27,773 $306,450 $59,400 $247,050
2016 $25,714 $267,750 $59,400 $208,350
2015 $13,767 $223,650 $59,400 $164,250
2014 $13,767 $275,850 $59,400 $216,450
Source: Public Records

Map

New York Kings County Brooklyn 11215 South Slope

220 16th St, 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.

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