NOT LISTED FOR SALE

402 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,478,000 - $2,079,000

7 Beds
3 Baths
2,592 Sq Ft
$653/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $1,449,000 $559 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,382/month

95 Days on Market

Highlights

  • Deck
  • 1-minute walk to Cortelyou Road
  • Wood Flooring
  • Ditmas Junior High school Rated A-
  • Property is near public transit
  • Formal Dining Room

About This Home

As of August 2022

Beautiful 2 family in great condition. Fairly new windows, roof, siding, updated plumbing and electrical also new boiler and hot water tank. Ample bedroom space, spacious kitchen, nice backyard for entertaining with a deck and shed. Private parking. Finished cellar with separate entrance. Close proximity to all amenities, schools, Ditmas Junior High School,High School For Service Learning At Erasmus and P.S. 139 Alexine A Fenty. Q and B bus lines, shopping, supermarkets, eateries and much more.!!!

Last Agent to Sell the Property

Souvenir Ramdyal

Prestige Homes NY Inc License #10301201020 Listed on: 05/12/2022

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1901

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 20x75
  • Two or More Common Walls
  • Private Entrance
  • Fenced

Parking

  • Private Parking

Home Design

  • Frame Construction

Interior Spaces

  • New Windows
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Science Middle School
  • High School-Svc & Lrng

Utilities

  • Cooling Available
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 20 / 5158
  • Assessor Parcel Number 05158-0020

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,700

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Building Size: 20 x 42
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-848-2500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 7
  • Kitchens: 2
  • Window Features: New Windows

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No
  • Fencing: Fenced
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Science,Tech & Research High Sch

Lot Info

  • Lot Size Acres: 0.0300
  • Lot Dimensions: 20x75
  • Lot Size Sq Ft: 1500.00
  • Lot Size Units: Acres
  • Parcel Number: 05158-0020
  • Zoning Description: R6-A
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-30
  • Tax Annual Amount: 6700.00
  • Tax Block: 5158
  • Tax Lot: 20
  • Tax Map Number: 05158-0020

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • High School: High School-Svc & Lrng
  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 11, 2022
Sold by
Balgobin Koosila and Balgobin Tomeshwar
Bought by
Braslow Laura and Whittemore Michele
Seller's Agent
Souvenir Ramdyal
Prestige Homes NY Inc
Buyer's Agent
Non Member
NonMember
List Price
$1,599,000
Sold Price
$1,449,000
Premium/Discount to List
-$150,000
-9.38%
Views
2
Current Estimated Value
$1,674,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,794
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,231,650
Outstanding Balance
$1,177,800
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$513,999
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

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
08/30/2022 08/30/22 Sold $1,449,000 0.0% $559 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $1,449,000 -9.4% $559 / Sq Ft
05/12/2022 05/12/22 For Sale $1,599,000 -- $617 / Sq Ft
Source: OneKey® MLS

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
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

  • Souvenir Ramdyal

    Seller's Agent in 2022

    Souvenir Ramdyal

    Prestige Homes NY Inc

    1 in this area

    36 Total Sales

    Souvenir Ramdyal
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NonMember

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3398998

OneKey® MLS

APN: 05158-0020

New York Kings County Brooklyn 11226 Ditmas Park

402 E 16th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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