NOT LISTED FOR SALE

2543 W 16th St Unit B3 Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $479,000 - $582,000

2 Beds
1 Bath
834 Sq Ft
6,011 Sq Ft Lot

Last Sold May 30, 2019

Last sale price $500,000 $600 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,283/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 5-minute walk to Bay 50 Street

About This Home

As of May 2019

A Beautiful 2 bedrooms and 1 bathroom condo in prime Gravesend. Approx 834 sqft and one parking spot. Year built in 2007, 6 years tax abatement remained. Yearly tax $531 only.Monthly common charge of $326. Good condition overall, move in condition. Two blocks from D Train Bay 50th St station and bus (B64), few minutes to Belt Pkwy. Nearby coffee shop(Dunkin Donut), supermarkets and more!

Last Agent to Sell the Property

Henry Chen

Momentum Real Estate LLC Listed on: 11/02/2018

Last Buyer's Agent

Jie Min Xia

Momentum Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $531

Year Built

  • Built in 2007

Lot Details

  • 6,011

Interior Spaces

  • 834 Sq Ft Home
  • Wood Flooring
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Lot

Utilities

  • Heating System Uses Steam

Community Details

  • 8 Units
  • Association Phone (917) 748-3560
  • Sunshine Condominiums
  • Property managed by 16 West Developers LLC

Listing and Financial Details

  • Tax Block 6919

Property Details

Home Type

Condominium

Est. Annual Taxes

$531

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay 50th Street
  • Cross Street Name2: Avenue Z
  • Down Payment Required: 25
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 326.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space, Parking Area
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Washer, Other
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 834
  • Street Name I D X: 16
  • Street Number I D X: 2543
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 3
  • Room Count: 5
  • Total Rooms: 4
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1807

Utilities

  • Air Conditioning Units: 0
  • Utilities: Parking, Water, Other

Condo/Co-op/Association

  • Management Company: 16 West Developers LLC
  • Manager Phone: 917-748-3560
  • Units In Building: 8

Lot Info

  • Building Project Name: Sunshine Condominiums

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 531.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
May 29, 2019
Sold by
Zhang Bihua
Bought by
Huang Yujie and Zhong Yanping
Seller's Agent
Henry Chen
Momentum Real Estate LLC
Buyer's Agent
Jie Min Xia
Momentum Real Estate LLC
Sold Price
$500,000
Total Days on Market
0
Current Estimated Value
$539,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,864
Avg. Annual Appreciation
1.61%
Original Mortgage
$220,000
Outstanding Balance
$194,613
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$357,398

Purchase Details

Closed on
Feb 26, 2015
Sold by
16 West Developers Llc
Bought by
Zhang Bihua
Source: Public Records

Range of Values:

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Average Value
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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
Huang Yujie $500,000 --
Zhang Bihua $365,040 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Yujie $220,000
Closed Huang Yujie $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $500,000 -- $600 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,615 $26,753 $3,434 $23,319
2024 $3,615 $26,526 $3,434 $23,092
2023 $2,842 $32,553 $3,434 $29,119
2022 $2,079 $30,012 $3,434 $26,578
2021 $1,297 $26,391 $3,434 $22,957
2020 $1,297 $20,937 $3,434 $17,503
2019 $545 $18,204 $3,434 $14,770
2018 $531 $20,382 $3,372 $17,010
2017 $531 $19,229 $3,435 $15,794
2016 $521 $19,869 $3,435 $16,434
2015 -- $19,973 $3,434 $16,539
Source: Public Records

Agents Affiliated with this Home

  • Henry Chen

    Seller's Agent in 2019

    Henry Chen

    Momentum Real Estate LLC

    (917) 660-4688

    6 in this area

    49 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Jie Min Xia

    Momentum Real Estate LLC

    (718) 382-0001

    9 in this area

    61 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 424896

Brooklyn Board of REALTORS®

APN: 06919-1807

New York Kings County Brooklyn 11214 Gravesend

2543 W 16th St Unit B3, Brooklyn, NY

This home is located at 2543 W 16th St Unit B3, Brooklyn, NY 11214 since 02 November 2018 and is currently estimated at $540,636, approximately $648 per square foot. This property was built in 2007. 2543 W 16th St Unit B3 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.

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