$467,200
SOLD OCT 11, 2024

2543 W 16th St Unit B1 Brooklyn, NY 11214

Gravesend Neighborhood
2 Beds
1 Bath
753 Sq Ft
$256/mo HOA Fee

Recently Sold

$620 Per Sq Ft

4% Below List Price

170 Days on Market

Highlights

  • 0.14 Acre Lot
  • 1-Story Property
  • 5-minute walk to Bay 50 Street

About This Home

As of October 2024

This home is located at 2543 W 16th St Unit B1, Brooklyn, NY 11214 and is currently priced at $467,200, approximately $620 per square foot. This property was built in 2007. 2543 W 16th St Unit B1 is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

Last Agent to Sell the Property

Xiao Feng Pan

Winzone Realty Inc Brokerage Phone: 718-844-9318 License #31PA0929296 Listed on: 01/30/2024

Winzone Realty Inc

Last Buyer's Agent

Jane Nguyen

Coldwell Banker Realty License #40NG1081169

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 2007

HOA Fees

  • $256 Monthly HOA Fees

Interior Spaces

  • 753 Sq Ft Home
  • 1-Story Property
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Brooklyn Studio Secondary Middle School
  • Brooklyn Studio Secondary High School

Additional Features

  • No Common Walls
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 06919-1802
  • Tax Block 6919

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,537

Year Built

Built in 2007

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 2007
  • New Construction: No
  • Attribution Contact: 718-844-9318
  • Ownership: Condo
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: See Remarks
  • Inclusions: Cook Top,Refrigerator
  • Entry Level: 1
  • Total Bedrooms: 2
  • Living Area: 753
  • AtticDescription: See Remarks
  • SquareFootage: 753.00

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Other

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Sewer: Other
  • Water Source: See Remarks
  • GarbageRemoval: Other
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Association Fee: 256
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: N/A

Schools

  • Middle School: Brooklyn Studio Secondary School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 60x100
  • Lot Size Sq Ft: 6000
  • Lot Size Units: Acres
  • Parcel Number: 06919-1802
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Pets Allowed: Call

Tax Info

  • Tax Annual Amount: 2536.68
  • Tax Block: 6919
  • Tax Map Number: 06919-1802

MLS Schools

  • High School: Brooklyn Studio Secondary School
  • Middle School District: Brooklyn 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Oct 10, 2024
Sold by
Wong Ming Shen and Xu Yi Li
Bought by
Li Hong
Seller's Agent
Xiao Feng Pan
Winzone Realty Inc
Buyer's Agent
Jane Nguyen
Coldwell Banker Realty
List Price
$485,000
Sold Price
$467,200
Premium/Discount to List
-$17,800
-3.67%
Total Days on Market
170
Views
37
Current Estimated Value
$477,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,171
Avg. Annual Appreciation
3.42%
Original Mortgage
$326,900
Outstanding Balance
$324,996
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,375

Purchase Details

Closed on
Jul 11, 2014
Sold by
16 West Developers Llc
Bought by
Xu Yi Li
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $467,200 --
Deed $283,920 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $467,200 -3.7% $620 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $485,000 -- $644 / Sq Ft
Source: OneKey® MLS

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
2024 $3,263 $23,944 $3,100 $20,844
2023 $2,594 $29,384 $3,100 $26,284
2022 $1,845 $27,091 $3,100 $23,991
2021 $1,173 $23,823 $3,100 $20,723
2020 $880 $18,899 $3,100 $15,799
2019 $492 $16,432 $3,100 $13,332
2017 $479 $17,357 $3,100 $14,257
2016 $470 $17,935 $3,100 $14,835
2015 -- $18,029 $3,100 $14,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3528508

OneKey® MLS

APN: 06919-1802