NOT LISTED FOR SALE

2240 E 16th St Brooklyn, NY 11229

Sheepshead Bay Neighborhood

Estimated Value: $817,000 - $932,000

-- Bed
-- Bath
1,648 Sq Ft
$533/Sq Ft Est. Value

About This Home

This home is located at 2240 E 16th St, Brooklyn, NY 11229 and is currently estimated at $879,123, approximately $533 per square foot. 2240 E 16th St is a home located in Kings County with nearby schools including Ps 206 Joseph F Lamb, Jhs 234 Arthur W Cunningham, and Yeshivat Or Hatorah.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Liang Huanzhang and Zou Wei Ming
Bought by
Hu Jinhua and Li Yong Feng
Current Estimated Value
$879,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$549,046
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,077

Purchase Details

Closed on
Sep 29, 2014
Sold by
Demaria Marian
Bought by
Liang Huanzhang and Zou Wei Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2001
Sold by
Demaria Mary
Bought by
Demaria Marian
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
Hu Jinhua $850,000 --
Hu Jinhua $850,000 --
Liang Huanzhang $440,000 --
Liang Huanzhang $440,000 --
Demaria Marian -- --
Demaria Marian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Jinhua $552,000
Closed Hu Jinhua $552,000
Previous Owner Liang Huanzhang $240,000
Source: Public Records

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 $7,793 $51,060 $9,660 $41,400
2024 $7,793 $60,060 $9,660 $50,400
2023 $7,434 $55,500 $9,660 $45,840
2022 $6,911 $60,840 $9,660 $51,180
2021 $6,873 $55,200 $9,660 $45,540
2020 $3,417 $40,680 $9,660 $31,020
2019 $6,764 $40,680 $9,660 $31,020
2018 $5,921 $30,504 $6,479 $24,025
2017 $5,581 $28,848 $8,309 $20,539
2016 $5,131 $27,216 $8,558 $18,658
2015 $3,282 $27,216 $9,609 $17,607
2014 $3,282 $26,944 $9,438 $17,506
Source: Public Records

Map

New York Kings County Brooklyn 11229 Sheepshead Bay

2240 E 16th St, Brooklyn, NY

Not Listed for Sale

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