NOT LISTED FOR SALE

Estimated Value: $4,198,000

2 Beds
2.5 Baths
1,701 Sq Ft
$819/mo HOA Fee

Last Sold March 22, 2023

Last sale price $1,699,000 $999 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $27,208/month

20 Days on Market

Highlights

  • New Construction
  • Magnet School of Math Science & Design Technology Rated A
  • Garden

About This Home

As of March 2023

Located in the lovely South Slope, 241 16th Street is a new boutique condominium project ready to be called home. This new 25' wide building greets you with a gorgeous new modernist facade of brick, glass, and wood.



Residence No. 1 at 241 16th Street is a sprawling duplex residence offering 2 bedrooms. 2.5 baths PLUS a private rear yard. The home has a massive living room, with gorgeous custom accents, a chef's kitchen, and 2 quiet bedrooms with rear yard views. The kitchen has integrated appliances, beautiful stone counters, and custom cabinetry. This home also has both north and south terraces, ideal for outdoor dining.



241 16th Street truly sets a new bar for boutique luxury homes. Each home has wide plank white oak floors, new custom millwork, central AC and heat, shaker doors, and oversize wooden frame Pella windows, Washers/Dryers.



All floor through units have ample northern and southern natural light and HUGE private storage rooms in the basement. Perfectly located in Park Slope, 241 16th Street is very close to Prospect Park, trendy dining on 5th and 7th Avenues, Nitehawk Cinema, Union Market, and more.



Legal Disclaimer: 241 16th Street: this is not an offering. The complete offering terms are in an offering plan available from File No. CD210256.

Last Agent to Sell the Property

Doug Rand

Douglas Elliman Real Estate License #10401244794 Listed on: 01/13/2023

Douglas Elliman Real Estate

Co-Listed By

Alexander Maroni

Douglas Elliman Real Estate License #10301201619

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,368

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Garden

HOA Fees

  • $819 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,701 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Block 01048

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,368

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$819 per month

Listing Details

  • Cross Street: 5 AVENUE and 6 AVENUE
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 1701.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 819.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 6
  • Total Stories: 4
  • Year Built: 2022

Tax Info

  • Tax Block: 01048
  • Tax Annual: 7368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Jissel Cortes Trustee and John Cortes Irrevocable Trust
Bought by
241 16Th St Llc
Current Estimated Value
$4,198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
4.9%
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
241 16Th St Llc $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 241 16Th St Llc $845,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $1,699,000 0.0% $999 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,699,000 -- $999 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 -- -- -- --
2024 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10836879

Real Estate Board of New York (REBNY)

APN: 01048-7505