512 16th St Brooklyn, NY 11215
Windsor Terrace NeighborhoodEstimated Value: $2,956,000 - $3,472,722
Studio
--
Bath
3,256
Sq Ft
$984/Sq Ft
Est. Value
About This Home
This home is located at 512 16th St, Brooklyn, NY 11215 and is currently estimated at $3,204,181, approximately $984 per square foot. 512 16th St is a home located in Kings County with nearby schools including P.S. 154 The Windsor Terrace School, St. Joseph the Worker Catholic Academy, and Mesilas Bais Yaakov.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2022
Sold by
Lutfey As Trustee Gregory G and The Gregory G Lutfey Revocable Trust
Bought by
512 16Th St Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,439,687
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,764,494
Purchase Details
Closed on
May 3, 2011
Sold by
Lutfey Gregory G
Bought by
Gregory G Lutfey Revocable Trust and Lutfey As Trustee Gregory G
Purchase Details
Closed on
Feb 18, 1994
Sold by
Lutfey Gregory G
Bought by
Lutfey Gregory G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.31%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 512 16Th St Llc | -- | -- | |
| 512 16Th St Llc | -- | -- | |
| 512 16Th St Llc | -- | -- | |
| Gregory G Lutfey Revocable Trust | -- | -- | |
| Gregory G Lutfey Revocable Trust | -- | -- | |
| Lutfey Gregory G | $95,000 | -- | |
| Lutfey Gregory G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 512 16Th St Llc | $1,500,000 | |
| Closed | 512 16Th St Llc | $1,500,000 | |
| Previous Owner | Lutfey Gregory G | $120,000 |
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 | $10,686 | $162,840 | $32,400 | $130,440 |
| 2024 | $10,686 | $181,560 | $32,400 | $149,160 |
| 2023 | $10,194 | $209,220 | $32,400 | $176,820 |
| 2022 | $9,455 | $195,840 | $32,400 | $163,440 |
| 2021 | $9,410 | $167,820 | $32,400 | $135,420 |
| 2020 | $4,676 | $159,060 | $32,400 | $126,660 |
| 2019 | $9,275 | $126,480 | $32,400 | $94,080 |
| 2018 | $8,527 | $41,829 | $8,485 | $33,344 |
| 2017 | $8,046 | $39,471 | $10,257 | $29,214 |
| 2016 | $7,449 | $37,263 | $12,217 | $25,046 |
| 2015 | $4,491 | $37,248 | $18,319 | $18,929 |
| 2014 | $4,491 | $36,949 | $16,265 | $20,684 |
Source: Public Records
Map
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