NOT LISTED FOR SALE

2554 E 16th St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $9,004,484

Studio
-- Bath
1,280 Sq Ft
$7,035/Sq Ft Est. Value

About This Home

This home is located at 2554 E 16th St, Brooklyn, NY 11235 and is currently estimated at $9,004,484, approximately $7,034 per square foot. 2554 E 16th St is a home located in Kings County with nearby schools including P.S. 254 Dag Hammarskjold, Jhs 14 Shell Bank, and St Mark School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2011
Sold by
16 Ave Z Llc and Nesenoff %
Bought by
October Sky Llc
Current Estimated Value
$9,004,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Outstanding Balance
$1,190,573
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$7,813,911

Purchase Details

Closed on
Apr 27, 2005
Sold by
587 Development Incorporated
Bought by
16 Ave Z Llc

Purchase Details

Closed on
Sep 10, 2002
Sold by
Hirsch Gertrude Pratt
Bought by
587 Development Incorpor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
October Sky Llc $4,750,000 --
October Sky Llc $4,750,000 --
16 Ave Z Llc $7,593,623 --
16 Ave Z Llc $7,593,623 --
587 Development Incorpor -- --
587 Development Incorpor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open October Sky Llc $1,750,000
Closed October Sky Llc $1,750,000
Previous Owner 587 Development Incorpor $925,000
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 $161,924 $1,074,600 $1,074,600 --
2024 $161,924 $2,243,700 $2,243,700 $0
2023 $160,479 $1,912,050 $1,912,050 $0
2022 $167,133 $1,642,500 $1,642,500 $0
2021 $135,367 $1,552,500 $1,552,500 $0
2020 $54,018 $1,748,250 $1,748,250 $0
2019 $78,956 $1,617,750 $1,617,750 $0
2018 $49,177 $1,532,250 $1,532,250 $0
2017 $41,096 $201,600 $201,600 $0
2016 $83,505 $1,100,700 $1,100,700 $0
2015 $16,611 $1,038,600 $1,038,600 $0
2014 $16,611 $952,650 $952,650 $0
Source: Public Records

Map

New York Kings County Brooklyn 11235 Sheepshead Bay

2554 E 16th St, Brooklyn, NY

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes