NOT LISTED FOR SALE

2723 W 16th St Brooklyn, NY 11224

Coney Island Neighborhood

Estimated Value: $1,103,000 - $1,491,000

9 Beds
5 Baths
3,084 Sq Ft
$403/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $999,000 $324 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,256/month

Highlights

  • 4,760 Sq Ft lot
  • Heating System Uses Steam
  • Back and Front Yard
  • 3 Car Detached Garage
  • Private Driveway

About This Home

As of June 2018

A WONDERFUL OPPORTUNITY TO OWN AN EXTRA LARGE 2 FAMILY, FULLY DETACHED HOME WITH PRIVATE PARKING AND GARAGE IN CONEY ISLAND. THE HOME HAS BEEN RENOVATED AND FEATURES 9 BEDROOMS, 4 FULL BATHS, ROOM FOR 6 CARS, LARGE BASEMENT, UPDATED PLUMBING AND ELECTRIC, FRONT AND REAR YARD WITH 3 SEPARATE GARAGES. 1ST FLOOR IS A LARGE 4 BEDROOM, 2 FULL BATHS APARTMENT. THE 2ND FLOOR APARTMENT HAS 4 BEDROOMS, 2 FULL BATHS AND A LOFT FINISHED ATTIC WITH AN ADDITIONAL 3/4 BATH. THIS HOME ALSO HAS A LOT OF HIDDEN EXTRAS. THIS PROPERTY IS M-1 ZONED. GREAT FOR INVESTOR, BUILDER OR USER. ALREADY VACANT. SHORT WALK TO BEACH, BOARDWALK & AMUSEMENTS. OWNER IS SUPER MOTIVATED. PRESENT ALL OFFERS!

Last Agent to Sell the Property

Jerry Tenenbaum

Top Nest Inc Listed on: 02/14/2018

Last Buyer's Agent

Jerry Tenenbaum

Top Nest Inc Listed on: 02/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Lot Details

  • 4,760 Sq Ft Lot
  • Lot Dimensions are 119 x 40
  • Back and Front Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 3,084 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Parquet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1400
  • Building Length: 50.00
  • Building Width: 28.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Hart Place
  • Cross Street Name2: Neptune Ave.
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Garage Door Opener(s), Refrigerator, Stove
  • Fill Sq Ft Total: 3084
  • Building Stories: 2
  • Street Name I D X: 16
  • Street Number I D X: 2723
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 9
  • Flooring: Laminate, Parquet
  • Lot Sq Ft: 4760

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 33
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 119
  • Lot Size Width: 40
  • Zoning: M1-2

Tax Info

  • Flip Tax Amount: 4800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jun 26, 2018
Sold by
Gt West 16 Llc
Bought by
Viner Arthur
Seller's Agent
Jerry Tenenbaum
Top Nest Inc
Buyer's Agent
Jerry Tenenbaum
Top Nest Inc
Sold Price
$999,000
Current Estimated Value
$1,243,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,985
Avg. Annual Appreciation
3.37%
Original Mortgage
$749,250
Outstanding Balance
$653,450
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$611,372

Purchase Details

Closed on
Nov 25, 2013
Sold by
Guan Jian-Zhi and Xie Zhuanfei
Bought by
Gt West 16 Llc

Purchase Details

Closed on
Nov 6, 2000
Sold by
Kolari Besnik
Bought by
Xie Zhuanfei and Guan Jian Zhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.64%

Purchase Details

Closed on
Aug 1, 1999
Sold by
Nappi John
Bought by
Kolari Besnik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.79%
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
Viner Arthur $999,000 --
Gt West 16 Llc $465,000 --
Xie Zhuanfei $245,000 --
Kolari Besnik $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viner Arthur $749,250
Previous Owner Guan Jian-Zhi $492,000
Previous Owner Feixie Zhuan $250,000
Previous Owner Xie Zhuanfei $192,000
Previous Owner Xie Zhuanfei $190,000
Previous Owner Kolari Besnik $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $999,000 -- $324 / Sq Ft
02/14/2018 02/14/18 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 $5,339 $76,980 $21,840 $55,140
2024 $5,339 $77,940 $21,840 $56,100
2023 $5,094 $94,860 $21,840 $73,020
2022 $4,728 $86,820 $21,840 $64,980
2021 $4,705 $67,020 $21,840 $45,180
2020 $2,336 $60,300 $21,840 $38,460
2019 $4,634 $60,300 $21,840 $38,460
2018 $4,261 $20,901 $8,207 $12,694
2017 $4,023 $19,735 $6,861 $12,874
2016 $3,724 $18,630 $7,493 $11,137
2015 $2,245 $18,612 $7,876 $10,736
2014 $2,245 $18,460 $7,812 $10,648
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jerry Tenenbaum

    Top Nest Inc

    (646) 828-6378

    2 in this area

    82 Total Sales

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 417908

Brooklyn Board of REALTORS®

APN: 06996-0033

New York Kings County Brooklyn 11224 Coney Island

2723 W 16th St, Brooklyn, NY

This home is located at 2723 W 16th St, Brooklyn, NY 11224 since 14 February 2018 and is currently estimated at $1,243,985, approximately $403 per square foot. 2723 W 16th St is a home located in Kings County with nearby schools including P.S. 90 Edna Cohen School, I.S. 303 Herbert S. Eisenberg, and Yeshivat Darche Eres Inc.

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.

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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