NOT LISTED FOR SALE

402 E 16th St Unit 2 Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,436,000 - $1,719,147

2 Beds
1 Bath
840 Sq Ft
$1,897/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 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Bought by
Current Estimated Value
$1,593,787

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
$1,166,538
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$427,249
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,449,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,951 $114,540 $22,560 $91,980
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
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

  • Maria Toro

    Landlord's Agent in 2023

    Maria Toro

    Daniel Gale of Brooklyn LLC

    (917) 239-3791

    5 Total Sales

    Maria Toro
    Section Image
  • Alice Corporan

    Landlord's Co-Listing Agent in 2023

    Alice Corporan

    Corcoran Group

    (646) 229-1737

    7 Total Sales

    Alice Corporan
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10837491

Real Estate Board of New York (REBNY)

APN: 05158-0020

New York Kings County Brooklyn 11226 Ditmas Park

402 E 16th St Unit 2, Brooklyn, NY

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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