NOT LISTED FOR SALE

345 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,381,000 - $2,538,000

8 Beds
3 Baths
3,275 Sq Ft
$596/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $1,200,000 $366 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,840/month

11 Days on Market

Highlights

  • Victorian Architecture
  • 1-minute walk to Cortelyou Road
  • 1 Car Detached Garage
  • Ditmas Junior High school Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of June 2023

Calling all investors...DRIVE BY ONLY....this is an opportunity for the patient investor. Once renovated, this legal 3,500 square foot 2 family Victorian values over 2.1 million.
Being sold ''as is'' and tenant occupied.
3 levels , full basement and detached garage on 50x100 property.
Please call listing agent for further details!

Last Agent to Sell the Property

Kerry DeBellis

RE/MAX Elite License #40DE0923741 Listed on: 05/11/2023

RE/MAX Elite

Last Buyer's Agent

Kerry Debellis

Chris Homes & Lands, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,465

Year Built

  • Built in 1899

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 3,275 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 0047 / 05147
  • Assessor Parcel Number 05147-0047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,465

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family - Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Directions: G.P.S
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1899
  • General Property Info:Style2: Victorian
  • General Property Info:Public Remarks3: Calling all investors...DRIVE BY ONLY....this is an opportunity for the patient investor. Once renovated, this legal 3,500 square foot 2 family Victorian values over 2.1 million. Being sold ''as is'' and tenant occupied. 3 levels , full basement and detached garage on 50x100 property. Please call listing agent for further details!
  • ContractLocation Information:List PriceSqFt2: 425.95
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Fair
  • General Property Info:Apartment Desc: 2 Bedroom Apartment
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 3
  • Year Built: 1899

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Dining Room:Formal: Yes
  • Living Room:Formal2: Yes
  • Living Room:Fireplace3: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Wood Siding
  • General Property Info:Waterview: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, On Street, Detached
  • General Property Info:Garage Location: Detached
  • Parking:Off Street: Yes
  • Parking:On Street: Yes
  • Garage Location:Detached: Yes

Utilities

  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat System:Hot Water2: Yes
  • Siding:Wood Siding: Yes
  • Heat Source:Oil: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Lot Size Units: Square Feet
  • Parcel #: 05147-0047
  • Zoning: R3-X
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 5000.0
  • General Property Info:Lot Dim: 50 x 100

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 7465.0
  • Tax Block: 05147
  • Tax Lot: 0047
  • General Property Info:Taxes2: 7465.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 23, 2023
Sold by
Eversley Tiffani
Bought by
345 Realty Llc
Seller's Agent
Kerry DeBellis
RE/MAX Elite
Buyer's Agent
Kerry DeBellis
RE/MAX Elite
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,952,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,693
Avg. Annual Appreciation
21.31%
Original Mortgage
$450,000
Outstanding Balance
$437,922
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,514,771

Purchase Details

Closed on
Jun 21, 2018
Sold by
Estate Of Mary King and King Mary A
Bought by
Eversley Tiffani

Purchase Details

Closed on
Apr 21, 2004
Sold by
King Avril B and King Mary A
Bought by
King Mary A

Purchase Details

Closed on
Sep 28, 1998
Sold by
Hall Andrea H and King Mary A
Bought by
King Mary A and King Avril B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
345 Realty Llc $1,200,000 --
345 Realty Llc $1,200,000 --
345 Realty Llc $1,200,000 --
Eversley Tiffani -- --
Eversley Tiffani -- --
Eversley Tiffani -- --
King Mary A -- --
King Mary A -- --
King Mary A -- --
King Mary A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 345 Realty Llc $450,000
Closed 345 Realty Llc $450,000
Previous Owner King Mary A $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $1,200,000 0.0% $366 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $1,200,000 -- $366 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $7,676 $128,400 $33,660 $94,740
2024 $7,676 $101,400 $33,660 $67,740
2023 $7,478 $154,260 $33,660 $120,600
2022 $7,284 $123,300 $33,660 $89,640
2021 $7,234 $101,460 $33,660 $67,800
2020 $3,384 $123,000 $33,660 $89,340
2019 $6,370 $97,800 $33,660 $64,140
2018 $6,195 $31,849 $15,868 $15,981
2017 $6,143 $31,606 $16,297 $15,309
2016 $5,651 $29,818 $13,069 $16,749
2015 $3,377 $28,132 $18,487 $9,645
2014 $3,377 $26,541 $14,830 $11,711
Source: Public Records

Agents Affiliated with this Home

  • Kerry DeBellis

    Seller's Agent in 2023

    Kerry DeBellis

    RE/MAX

    (347) 234-7408

    1 in this area

    184 Total Sales

    Kerry DeBellis
    Section Image
See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1161564

Staten Island Multiple Listing Service

APN: 05147-0047

New York Kings County Brooklyn 11226 Ditmas Park

345 E 16th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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.

Staten Island Multiple Listing Service Certain real estate listing data is provided by Staten Island MLS under its Internet Data Exchange program. This data is provided exclusively for consumers’ personal, non-commercial use and may only be used for identifying prospective properties consumers may be interested in purchasing or renting. Any other use of the data is hereby prohibited. Data deemed reliable but is not guaranteed accurate by Staten Island MLS and should be independently verified. Copyright 2025 Staten Island Multiple Listing Service, Inc. All rights reserved.

Nearby Homes