NOT LISTED FOR SALE

40 S 16th St New Hyde Park, NY 11040

Estimated Value: $867,721 - $1,329,000

4 Beds
2 Baths
1,440 Sq Ft
$763/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $765,000 $531 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,808/month

Highlights

  • Colonial Architecture
  • 4-minute walk to New Hyde Park Station
  • Bathroom on Main Level
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Geothermal Heating and Cooling

About This Home

As of January 2025

Beautiful house with backyard, driveway, Garage & Deck.
First Floor- Spacious Living , Kitchen, 1 bedroom & bath.
Second Floor- Small Living area can be used as storage, 2 bedrooms, bath.
Attic- Finished(Can be used 4th bedroom)

Last Agent to Rent the Property

Aditi Goyal

Property Professionals Realty Brokerage Phone: 516-605-2700 License #10401353379 Listed on: 12/30/2024

Property Professionals Realty

Co-Listed By

Tarun Gupta

Property Professionals Realty Brokerage Phone: 516-605-2700 License #10401343751

Property Professionals Realty

Last Renter's Agent

Tarun Gupta

Property Professionals Realty Brokerage Phone: 516-605-2700 License #10401343751

Property Professionals Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 4,000 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • New Hyde Park Road Elementary School
  • Contact Agent Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Geothermal Heating and Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 2041-33-115-00-0050-0

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

4,000 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: Call
  • Available Date: 2025-01-01

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1928
  • Attribution Contact: 516-605-2700
  • Co List Office Mls Id: KEYPRP01
  • Co List Office Phone: 516-605-2700
  • Carport Y N: No
  • CurrentPrice: 4200.00
  • MlsMajorChangeType: Rented
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 49019.6078
  • LivingAreaSearchSqFt: 0.00
  • CurrentPrice_By_BuildingAreaTotal: 2.91667
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement YN: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Parking Description: Driveway

Utilities

  • Cooling: Geothermal, Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Parcel Number: 2041-33-115-00-0050-0
  • Property Attached: No

MLS Schools

  • Elementary School: New Hyde Park Road School
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Kaur Paramjeet and Singh Ramanjit
Bought by
Kaur Paramjeet
Current Estimated Value
$902,191

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 18, 2022
Sold by
Leon Shaikh and Kalam Eshika Sultana
Bought by
Singh Kamaljit and Singh Ramanjit
Seller's Agent
Peter Caputo
ERA/Caputo Realty
Buyer's Agent
Gautam Chopra
National Real Estate Agency
List Price
$815,000
Sold Price
$765,000
Premium/Discount to List
-$50,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$647,200
Outstanding Balance
$615,382
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$482,979

Purchase Details

Closed on
Sep 5, 2017
Sold by
Epstein Denise
Bought by
Leon Shaikh and Kalam Eshika Sultana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records
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
Kaur Paramjeet -- Uht
Singh Kamaljit $765,000 Judicial Title
Singh Kamaljit $765,000 Judicial Title
Singh Kamaljit $765,000 Judicial Title
Singh Kamaljit $765,000 Judicial Title
Singh Kamaljit $765,000 Judicial Title
Leon Shaikh $590,000 First American Title Insuran
Leon Shaikh $590,000 First American Title Insuran
Leon Shaikh $590,000 First American Title Insuran
Leon Shaikh $590,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Kamaljit $647,200
Closed Singh Kamaljit $647,200
Previous Owner Leon Shaikh $531,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Rented $4,200 -6.7% --
12/30/2024 12/30/24 For Rent $4,500 0.0% --
08/18/2022 08/18/22 Sold $765,000 -3.0% $455 / Sq Ft View Prior Sale
07/01/2022 07/01/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $789,000 -1.3% $470 / Sq Ft
06/15/2022 06/15/22 Price Changed $799,000 -2.0% $476 / Sq Ft
06/06/2022 06/06/22 For Sale $815,000 -- $485 / Sq Ft
Source: OneKey® MLS

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 $11,849 $612 $245 $367
2024 $2,741 $612 $245 $367
2023 $10,581 $612 $245 $367
2022 $10,581 $612 $245 $367
2021 $14,147 $550 $282 $268
2020 $7,268 $638 $575 $63
2019 $1,928 $638 $575 $63
2018 $4,816 $638 $0 $0
2017 $3,063 $638 $543 $95
2016 $4,822 $675 $517 $158
2015 $1,888 $713 $546 $167
2014 $1,888 $713 $546 $167
2013 $1,860 $751 $575 $176
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: 808416

OneKey® MLS

APN: 2041-33-115-00-0050-0

Your Personal Tour Guide

Ask me questions while you tour the home.