NOT LISTED FOR SALE

290 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,563,000 - $2,693,000

7 Beds
5 Baths
2,995 Sq Ft
$692/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $1,700,000 $568 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,545/month

36 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to Beverley Road (Q Line)
  • Garage
  • Ditmas Junior High school Rated A-

About This Home

As of January 2021

An amazing opportunity to own a piece of history. This three story, two family Victorian is waiting for you to make it your own. Filled with lovely original details: parquet floors, coffered ceilings, gorgeous built in woodwork, stained glass. Additionally, there are two balconies and a sizable front porch,
Mature trees, an impeccably maintained front yard make this charming home complete.
Currently configured to accommodate two rental units, with just under 3,000 square feet of space this home offers several versatile options make the best use of the space to suit your needs.
Units consist of generously sized bedrooms, eat in kitchens, windowed bathrooms, generously sized living rooms, and dens with two balconies and a serene front porch.
The finished basement consists of abundant storage space, laundry room, rec room area and kitchen.
We can't forget to mention the nicely proportioned yard and private driveway. This 1920 Victorian can be used in it's current layout or offers the perfect opportunity to create and customize your dream home.

Last Agent to Sell the Property

Binnie Sen

Corcoran Group License #10401251268 Listed on: 09/13/2020

Corcoran Group

Co-Listed By

Charlie Pigott

Corcoran Group License #10301210078

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,396

Year Built

  • Built in 1920

Parking

  • Garage

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 75.0 x 50.0

Community Details

  • 2 Units
  • Ditmas Park Subdivision

Listing and Financial Details

  • Tax Block 5146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,396

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Beverley Road & Cortelyou Road
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 7

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 75.0 x 50.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 5146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Jan 7, 2021
Sold by
Moise Sonia
Bought by
Blood Jennifer and Kendall William
Seller's Agent
Binnie Sen
Corcoran Group
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$2,072,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,072
Avg. Annual Appreciation
4.18%
Original Mortgage
$575,000
Outstanding Balance
$512,013
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,560,059

Purchase Details

Closed on
Feb 10, 1997
Sold by
Moise Sonia
Bought by
Moise Sonia
Source: Public Records

Range of Values:

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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
Blood Jennifer $1,700,000 --
Blood Jennifer $1,700,000 --
Moise Sonia -- Commonwealth Land Title Ins
Moise Sonia -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blood Jennifer $575,000
Closed Blood Jennifer $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $1,700,000 -2.9% $568 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $1,750,000 -- $584 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,396 $130,560 $30,360 $100,200
2024 $8,396 $110,640 $30,360 $80,280
2023 $8,490 $127,920 $30,360 $97,560
2022 $8,282 $104,700 $30,360 $74,340
2021 $8,237 $100,140 $30,360 $69,780
2020 $3,715 $105,960 $30,360 $75,600
2019 $6,994 $101,040 $30,360 $70,680
2018 $6,804 $34,836 $10,894 $23,942
2017 $6,748 $34,572 $15,845 $18,727
2016 $6,210 $32,616 $14,618 $17,998
2015 $3,714 $30,770 $20,685 $10,085
2014 $3,714 $29,030 $17,393 $11,637
Source: Public Records

Agents Affiliated with this Home

  • Binnie Sen

    Seller's Agent in 2021

    Binnie Sen

    Corcoran Group

    (917) 596-0503

    1 in this area

    8 Total Sales

    Binnie Sen
    Section Image
  • Charlie Pigott

    Seller Co-Listing Agent in 2021

    Charlie Pigott

    Corcoran Group

    (718) 832-4173

    7 in this area

    284 Total Sales

    Charlie Pigott
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10666690

Real Estate Board of New York (REBNY)

APN: 05146-0020

New York Kings County Brooklyn 11226 Ditmas Park

290 E 16th St, Brooklyn, NY

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