NOT LISTED FOR SALE

Estimated Value: $2,709,000 - $2,800,000

-- Bed
-- Bath
3,560 Sq Ft
$778/Sq Ft Est. Value

About This Home

This home is located at 598 16th St, Brooklyn, NY 11218 and is currently estimated at $2,769,732, approximately $778 per square foot. 598 16th St is a home located in Kings County with nearby schools including P.S. 154 The Windsor Terrace School, Brooklyn Urban Garden Charter School, and St. Joseph the Worker Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
598 16Th Street Llc
Bought by
598 16Th By The Park Llc
Current Estimated Value
$2,853,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,500
Outstanding Balance
$1,773,550
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,076,553

Purchase Details

Closed on
May 3, 2013
Sold by
Yair Ilene and Yair Rueven B
Bought by
598 16Th Street Llc

Purchase Details

Closed on
Jul 29, 1998
Sold by
Abir Construction Co Ltd
Bought by
Yair Rueven B and Yair Ilene

Purchase Details

Closed on
Nov 20, 1996
Sold by
Fried Josef
Bought by
Abir Construction Co Ltd

Purchase Details

Closed on
Oct 31, 1996
Sold by
Weissman Mark
Bought by
Fried Josef
Source: Public Records

Range of Values:

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.

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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.

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First American

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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.

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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
598 16Th By The Park Llc $2,750,000 --
598 16Th Street Llc -- --
598 16Th Street Llc -- --
Yair Rueven B -- --
Yair Rueven B -- --
Abir Construction Co Ltd $175,000 Chicago Title Insurance Co
Abir Construction Co Ltd $175,000 Chicago Title Insurance Co
Fried Josef $116,000 Commonwealth Land Title Ins
Fried Josef $116,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 598 16Th By The Park Llc $1,787,500
Previous Owner 598 16Th Street Llc $1,200,000
Previous Owner Yair Ilene $415,000
Previous Owner Yair Reuven $200,000
Previous Owner Yair Reuven $7,979
Previous Owner Yair Reuven $300,000
Source: Public Records

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 $12,078 $195,060 $36,900 $158,160
2024 $12,078 $165,960 $36,900 $129,060
2023 $11,522 $202,980 $36,900 $166,080
2022 $10,928 $192,180 $36,900 $155,280
2021 $11,521 $162,660 $36,900 $125,760
2020 $5,557 $158,460 $36,900 $121,560
2019 $10,483 $138,360 $36,900 $101,460
2018 $9,637 $47,277 $11,621 $35,656
2017 $9,299 $45,619 $9,834 $35,785
2016 $9,120 $45,619 $11,651 $33,968
2015 $5,191 $44,266 $16,947 $27,319
2014 $5,191 $41,761 $18,990 $22,771
Source: Public Records

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