NOT LISTED FOR SALE

7506 16th Ave Unit 3A Brooklyn, NY 11214

Bensonhurst Neighborhood

Estimated Value: $794,000 - $956,000

3 Beds
2 Baths
1,270 Sq Ft
2006 Built

Last Sold January 18, 2022

Last sale price $715,000 $563 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,395/month

Highlights

  • Wood Flooring
  • 4-minute walk to 79 Street (D,M Line)
  • Laundry Facilities
  • P.S. 112 Lefferts Park Elementary School Rated A
  • Multiple cooling system units

About This Home

As of January 2022

A spectacular condo in the heart of Bensonhurst just hit the market! Located on the third floor. This charming and well kept apartment is approximately 1,270 sqft, built in the year of 2006. This spacious condo features a living room with a beautiful glass sliding door that leads you out to the balcony, kitchen, master bedroom with a balcony and a full bathroom, 2 bedrooms, and an additional full bathroom. Excellent condition. Laundry area that consists of a washer. Monthly common charge of $265/ monthly that includes water and sewer. Annual tax $3398. Conveniently located within a short distance to the D Train, B4 bus right outside on Bay Ridge Parkway, and lots of restaurants and essential amenities right on New Utrecht Avenue or 18th Avenue. Great school district, desirable school PS 112 Lefferts Park. Turn the knob and move right in!

Last Agent to Sell the Property

David Chen

Robert Defalco Realty Inc Listed on: 07/23/2021

Co-Listed By

Xi Xian Pan

ProBase Real Estate

Last Buyer's Agent

Joseph Znak

Ben Bay Realty Co of Bay Ridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 2006

Parking

  • On-Street Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,270 Sq Ft Home
  • Wood Flooring
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 6224
  • Property eligible for a tax abatement

Community Details

Overview

  • 8 Units
  • 7506 16Th Ave Condo
  • Property managed by 7506 16th Ave Condo

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,398

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 3
  • Borough: Brooklyn
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay Ridge Parkway
  • Cross Street Name2: 74th Street
  • Down Payment Required: 10
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 265.00
  • Negotiate Thru: Broker
  • Parking Attributes: Street
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Laundry Area, Refrigerator, Stove, Washer
  • Rooms Total Level1: 7
  • Fill Sq Ft Total: 1270
  • Street Name I D X: 16th
  • Street Number I D X: 7506
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Entry Floor: 3
  • Room Count: 9
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1008

Utilities

  • Air Conditioning Units: 4
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Management Company: 7506 16th Ave Condo
  • Manager Phone: 000-000-0000
  • Units In Building: 8

Lot Info

  • Building Project Name: 7506 16th Ave Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 3398.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Jan 18, 2022
Sold by
Ni Xiao and Wu Sai Rong
Bought by
Kryuk Boris and Myint Ohn Aung
Seller's Agent
David Chen
Robert Defalco Realty Inc
Buyer's Agent
Joseph Znak
Ben Bay Realty Co of Bay Ridge
Sold Price
$715,000
Current Estimated Value
$883,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,076
Avg. Annual Appreciation
5.81%
Original Mortgage
$536,250
Outstanding Balance
$494,221
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,855

Purchase Details

Closed on
Oct 7, 2008
Sold by
Benson Estates Inc
Bought by
Ni Xiao and Wu Sai Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Kryuk Boris $715,000 --
Ni Xiao $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kryuk Boris $536,250
Previous Owner Ni Xiao $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $715,000 -- $563 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,558 $52,843 $12,391 $40,452
2024 $8,558 $48,703 $12,391 $36,312
2023 $8,654 $49,911 $12,391 $37,520
2022 $6,692 $46,014 $12,391 $33,623
2021 $5,158 $40,229 $12,391 $27,838
2020 $3,398 $40,838 $12,391 $28,447
2019 $1,764 $35,509 $12,391 $23,118
2018 $338 $35,862 $11,907 $23,955
2017 $338 $34,573 $12,391 $22,182
2016 $332 $33,348 $12,390 $20,958
2015 $227 $33,578 $10,794 $22,784
2014 $227 $31,678 $12,002 $19,676
Source: Public Records

Agents Affiliated with this Home

  • David Chen

    Seller's Agent in 2022

    David Chen

    Robert Defalco Realty Inc

    (917) 704-4887

    3 in this area

    27 Total Sales

    David Chen
    Section Image

  • X

    Seller Co-Listing Agent in 2022

    Xi Xian Pan

    ProBase Real Estate

    (347) 384-0505

    4 in this area

    67 Total Sales

    Xi Xian Pan
    Section Image
  • Joseph Znak

    Buyer's Agent in 2022

    Joseph Znak

    Ben Bay Realty Co of Bay Ridge

    (917) 348-3199

    1 in this area

    23 Total Sales

    Joseph Znak
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 454122

Brooklyn Board of REALTORS®

APN: 06224-1008

New York Kings County Brooklyn 11204 Bensonhurst

7506 16th Ave Unit 3A, Brooklyn, NY

This home is located at 7506 16th Ave Unit 3A, Brooklyn, NY 11214 since 23 July 2021 and is currently estimated at $883,076, approximately $695 per square foot. This property was built in 2006. 7506 16th Ave Unit 3A is a home located in Kings County with nearby schools including P.S. 112 Lefferts Park Elementary School, Junior High School 227 Edward B Shallow, and New Utrecht High School.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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