NOT LISTED FOR SALE

2522 W 16th St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,323,000 - $1,952,000

8 Beds
4 Baths
3,515 Sq Ft
$457/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2021

Last sale price $1,375,000 $391 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,358 / mo

Highlights

  • Wood Flooring
  • 4-minute walk to Bay 50 Street
  • Cooling Available
  • 4 Car Attached Garage
  • Back, Front, and Side Yard
  • Heating System Uses Steam

About This Home

As of June 2021

ONE-OF-A-KIND EXTRA-LARGE(27x60 HOUSE SIZE) FULLY DETACHED SOLID BRICK LEGAL 4 FAMILY HOME ON A HUGE 40x100 LOT WITH PRIVATE DRIVEWAY & GARAGE... LOCATED ON A QUIET RESIDENTIAL BATH BEACH BLOCK- CONVENIENT TO ALL TRANSPORTATION & SHOPPING... AN OUTSTANDING OPPORTUNITY FOR OWNER-USERS, INVESTORS OR ANY & ALL TYPES OF BUYERS... A TRULY RARE & SPECIAL PROPERTY, THAT HAS TREMENDOUS POSSIBILITIES, AND PHENOMENAL POTENTIAL... THIS PRIZED PIECE OF REAL ESTATE IS PRICED RIGHT FOR TODAY'S MARKET... DON'T MISS YOUR CHANCE TO OWN A FULLY DETACHED BRICK 4 FAMILY ON A 40x100 LOT WITH PRIVATE PARKING(A RARE FIND INDEED)...

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professiona Listed on: 06/23/2020

RE/MAX Real Estate Professiona

Co-Listed By

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Last Buyer's Agent

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,547

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Back, Front, and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,515 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Private Driveway

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 6924

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,547

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 27.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: BAY 50th STREET
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: 4 Spaces, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Fill Sq Ft Total: 3515
  • Building Stories: 2
  • Street Name I D X: 16
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpeting, Hardwood, Linoleum, Tile
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 65
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40

Tax Info

  • Flip Tax Amount: 5547.00

Multi Family

  • Unit Count: 4

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

Listed on
Jun 23, 2020
Closed on
Jun 11, 2021
Sold by
Bought by
Seller's Agent
Billy Apter
RE/MAX Real Estate Professiona
Buyer's Agent
Vito Angelo
RE/MAX Real Estate Professionals
Sold Price
$1,375,000
Current Estimated Value
$1,608,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,035
Avg. Annual Appreciation
3.16%
Original Mortgage
$962,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1987
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,375,000 --
$2,600 --
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
Previous Owner $962,000
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
06/11/2021 06/11/21 Sold $1,375,000 -- $391 / Sq Ft
06/23/2020 06/23/20 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 $8,264 $116,880 $21,600 $95,280
2025 $7,796 $97,680 $21,600 $76,080
2024 $7,796 $104,880 $21,600 $83,280
2023 $7,883 $123,480 $21,600 $101,880
2022 $7,690 $101,340 $21,600 $79,740
2021 $5,979 $81,600 $21,600 $60,000
2019 $5,104 $78,660 $21,600 $57,060
2018 $4,956 $32,347 $8,053 $24,294
2017 $5,310 $32,102 $10,393 $21,709
2016 $4,849 $30,286 $8,458 $21,828
2015 $3,101 $28,573 $9,002 $19,571
2014 $3,101 $26,956 $8,493 $18,463
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Billy Apter

    RE/MAX

    (718) 887-5708

    34 in this area

    261 Total Sales

    Billy Apter
    Section Image
  • Vito Angelo

    Seller Co-Listing Agent in 2021

    Vito Angelo

    RE/MAX

    (718) 887-5708

    34 in this area

    268 Total Sales

    Vito Angelo
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 438687

Brooklyn Board of REALTORS®

APN: 06924-0065

New York Kings County Brooklyn 11214 Gravesend

2522 W 16th St, Brooklyn, NY

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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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