NOT LISTED FOR SALE

Estimated Value: $1,517,000 - $2,059,000

2 Beds
1 Bath
840 Sq Ft
$2,015/Sq Ft Est. Value

Highlights

  • Pre War Building
  • Ditmas Junior High school Rated A-
  • 1-minute walk to Cortelyou Road

About This Home

As of March 2023

402 East 16th Street is a spacious and bright 2-bedroom, one bath apartment in prime Ditmas. Located around the corner from the Q stop at Cortelyou and all the local shops/amenities, the apartment is nestled on the top floor of an owner-occupied two-family home. The apartment features beautifully refinished hardwood floors, a spacious kitchen with newly tiled floors, new stove, dishwasher and microwave, all which enhance the vintage charm of this turn of the century home. The entry has a coat closet, the two bedrooms are on opposite sides of the unit (one larger with large closet). A large living room with bay windows has an adjacent space in between; the extra room, originally a dining room, provides ample space for working from home, entertaining guests or additional storage. Pets welcomed upon approval. Available for a 4/1 move-in, heat/hot water included, gas/electric are not. Note: Broker fee applies and due at lease signing. New dishwasher and stove not shown in current photo.

Last Agent to Rent the Property

Maria Toro

Daniel Gale of Brooklyn LLC License #10401298622 Listed on: 03/16/2023

Daniel Gale of Brooklyn LLC

Co-Listed By

Alice Corporan

Corcoran Group License #10301200819

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1901

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 840 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • 2 Units
  • Ditmas Park Subdivision

Listing and Financial Details

  • Property Available on 3/16/23
  • Tax Block 05158

Property Details

Home Type

Co-Op

Year Built

Built in 1901

Lot Details

0

Rental Info

  • Available Date: 2023-03-16

Listing Details

  • Cross Street: CORTELYOU ROAD and DORCHESTER ROAD
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Ditmas Park
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 3

Interior Features

  • Living Area: 840.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 05158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Balgobin Koosila and Balgobin Tomeshwar
Bought by
Braslow Laura and Whittemore Michele
Current Estimated Value
$1,692,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,231,650
Outstanding Balance
$1,176,213
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$516,768
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
Braslow Laura $1,449,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braslow Laura $1,231,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Off Market $2,700 -- --
03/29/2023 03/29/23 Rented $2,700 +3.8% --
03/16/2023 03/16/23 For Rent $2,600 -7.1% --
01/19/2023 01/19/23 Rented $2,800 0.0% --
12/07/2022 12/07/22 For Rent $2,800 -- --
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 $7,501 $105,060 $22,560 $82,500
2024 $7,501 $82,980 $22,560 $60,420
2023 $7,156 $95,640 $22,560 $73,080
2022 $6,349 $101,280 $22,560 $78,720
2021 $6,700 $84,840 $22,560 $62,280
2020 $5,025 $87,480 $22,560 $64,920
2019 $6,218 $79,740 $22,560 $57,180
2018 $5,688 $29,362 $8,357 $21,005
2017 $5,293 $27,702 $8,182 $19,520
2016 $2,459 $27,702 $8,910 $18,792
2015 $1,356 $27,492 $13,270 $14,222
2014 $1,356 $25,936 $15,015 $10,921
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10837491

Real Estate Board of New York (REBNY)

APN: 05158-0020