Seller's Agent in 2025
Ronit Abraham
Compass
(917) 572-2583
1 in this area
39 Total Sales
555 16th St Brooklyn, NY 11215
Windsor Terrace Neighborhood
3
Beds
2
Baths
2,215
Sq Ft
1899
Built
Highlights
- Deck
- 4-minute walk to 15 Street-Prospect Park
- Porch
- P.S. 154 The Windsor Terrace School Rated A
- High Ceiling
- Crown Molding
About This Home
As of June 2025Welcome to this charming semi-detached one-family home, perfectly located in the heart of Windsor Terrace! The home is 18x38 on a 25x100 ft lot. The location truly can't be beat—just around the corner from Prospect Park and only one block away from the F and G subway lines, offering unparalleled access to everything Brooklyn offers.
The historic home features intricate woodwork pocket doors and original parquet floors. The well-laid-out interior is complete with a private driveway and garage—providing ample parking. While the home needs TLC, this property presents an exciting opportunity to transform it into your dream home. With the city’s new laws around Accessible Dwelling Units, the garage space in the back also offers additional value and possibilities.
With a little vision, this home is a fantastic opportunity to invest in a highly sought-after neighborhood that’s growing in popularity. Whether you're a buyer looking to renovate or an investor seeking an ideal project, this is the place for you. A fully renovated home in Windsor Terrace sells for $2.5 or more, making this the perfect fixer upper for the buyer who wants to make this their forever home.
Don't miss out on the chance to own a piece of Windsor Terrace, with all the perks of city living just steps from your door. Selling AS-IS.
Cash buyers preferred.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,772
Year Built
- Built in 1899
Lot Details
- Lot Dimensions are 25.000000x100.000000
- Private Entrance
- Front Yard
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,215 Sq Ft Home
- 2-Story Property
- Crown Molding
- High Ceiling
- Parquet Flooring
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Garage
- Private Parking
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- No Heating
Community Details
- Windsor Terrace Subdivision
Listing and Financial Details
- Legal Lot and Block 60 / 01107
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
Jun 5, 2025
Sold by
Kovacevic Bianca and Kovacevic Jessica
Bought by
Esp555 16Th Llc
Seller's Agent
Ronit Abraham
Compass
List Price
$1,725,000
Sold Price
$1,850,000
Premium/Discount to List
$125,000
7.25%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,296
Avg. Annual Appreciation
42.03%
Original Mortgage
$1,462,750
Outstanding Balance
$1,456,394
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$763,902
Purchase Details
Closed on
Feb 2, 2021
Sold by
Kovacevic Nevio
Bought by
Kovacevic Bianca and Kovacevic Jessica
Purchase Details
Closed on
Feb 1, 2021
Sold by
Estate Of David D Kovacevic and Jessica Kovacevic Administrator
Bought by
Kovacevic Nevio
Purchase Details
Closed on
Feb 17, 2005
Sold by
Kovacevic
Bought by
Kovacevic David
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,850,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,462,750 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | $1,850,000 | +7.2% | $835 / Sq Ft |
| 04/05/2025 04/05/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $1,725,000 | -- | $779 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $5,771 | $138,300 | $42,720 | $95,580 |
| 2024 | $5,771 | $138,300 | $42,720 | $95,580 |
| 2023 | $5,835 | $148,920 | $42,720 | $106,200 |
| 2022 | $5,138 | $138,600 | $42,720 | $95,880 |
| 2021 | $5,392 | $119,520 | $42,720 | $76,800 |
| 2020 | $5,341 | $131,880 | $42,720 | $89,160 |
| 2019 | $4,716 | $137,160 | $42,720 | $94,440 |
| 2018 | $4,583 | $23,943 | $7,257 | $16,686 |
| 2017 | $4,308 | $22,602 | $8,519 | $14,083 |
| 2016 | $3,958 | $21,349 | $7,872 | $13,477 |
| 2015 | -- | $21,150 | $11,412 | $9,738 |
| 2014 | -- | $19,953 | $12,915 | $7,038 |
Source: Public Records
Agents Affiliated with this Home
-
Ronit Abraham
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20005699
APN: 01107-0060
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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