NOT LISTED FOR SALE

2736 W 16th St Brooklyn, NY 11224

Coney Island Neighborhood

Estimated Value: $932,000 - $1,238,000

4,750 Acres
$235 Price per Acre
4,750 Sq Ft Lot

Last Sold October 06, 2022

Last sale price $999,000 $555 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,162/month

About This Lot

As of October 2022

Coney Island-Super Hot Commercial/Residential Area!! 40'x119' (4750 Sq. Ft.) lot for sale, Zoning M1-2, currently there's a frame Two family on the front (Built 20'x45' Two Bedroom over One Bedroom Plus Basement) and a brick/frame Two family (Built 19'x42' Two Bedroom over One Bedroom plus Family Room) on the rear of the property, easy knock down to build your need for commercial space, super convenient location, residential development may be possible (verify with architect), extra wide private drive with detached two car garage, don't miss the rare opportunity, copy of survey attached, one block to Cropsey avenue, this piece of Brooklyn real estate will garner tons of attention so don't miss out, present all offers!!

Last Agent to Sell the Property

Anthony Mussolino

Ben Bay Realty Co of Bay Ridge Listed on: 06/05/2022

Last Buyer's Agent

Anthony Mussolino

Ben Bay Realty Co of Bay Ridge Listed on: 06/05/2022

Property Details

Property Type

  • Land

Year Built

  • Built in 1920

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 119 x 40
  • Property is zoned M1-2

Listing and Financial Details

  • Tax Block 6995

Property Details

Property Type

Land

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Hart Pl
  • Cross Street Name2: Neptune Ave
  • Negotiate Thru: Broker
  • Property Sub Type: Residential
  • Prop. Type: Land
  • Street Name I D X: 16th
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Lot Sq Ft: 4750

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 87

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
Oct 6, 2022
Sold by
Bagni Ralph
Bought by
Panuta Anatolie
Seller's Agent
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
Sold Price
$999,000
Current Estimated Value
$1,114,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,692
Avg. Annual Appreciation
3.43%
Original Mortgage
$799,200
Outstanding Balance
$764,977
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,715

Purchase Details

Closed on
Sep 23, 2009
Sold by
Sottile Anna
Bought by
Bagni Ralph and Sottile Anna

Purchase Details

Closed on
Dec 2, 2004
Sold by
Bagni Ralph
Bought by
Sottile Anna

Purchase Details

Closed on
Aug 14, 2002
Sold by
Sottile Anna
Bought by
Bagni Ralph
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

Date Buyer Sale Price Title Company
Panuta Anatolie $999,000 --
Panuta Anatolie $999,000 --
Panuta Anatolie $999,000 --
Bagni Ralph -- --
Bagni Ralph -- --
Sottile Anna -- --
Sottile Anna -- --
Bagni Ralph -- --
Bagni Ralph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panuta Anatolie $799,200
Closed Panuta Anatolie $799,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2022 10/06/22 Sold $999,000 -- $555 / Sq Ft
06/05/2022 06/05/22 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 $4,001 $116,400 $20,580 $95,820
2024 $4,001 $111,300 $20,580 $90,720
2023 $3,820 $136,080 $20,580 $115,500
2022 $3,260 $111,300 $20,580 $90,720
2021 $3,232 $51,480 $20,580 $30,900
2020 $3,218 $43,020 $20,580 $22,440
2019 $3,179 $34,200 $20,580 $13,620
Source: Public Records

Agents Affiliated with this Home

  • Anthony Mussolino

    Seller's Agent in 2022

    Anthony Mussolino

    Ben Bay Realty Co of Bay Ridge

    (718) 836-6504

    3 in this area

    130 Total Sales

    Anthony Mussolino
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 463183

Brooklyn Board of REALTORS®

APN: 06995-0087

New York Kings County Brooklyn 11224 Coney Island

2736 W 16th St, Brooklyn, NY

Not Listed for Sale

Lots

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