NOT LISTED FOR SALE

7601 16th Ave Brooklyn, NY 11214

Bensonhurst Neighborhood

Estimated Value: $1,320,434 - $1,921,000

7 Beds
2 Baths
2,404 Sq Ft
$682/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $1,585,000 $659 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,339/month

Highlights

  • 2 Car Detached Garage
  • 3-minute walk to 79 Street (D,M Line)
  • Tile Flooring
  • P.S. 204 Vince Lombardi Rated A
  • Back, Front, and Side Yard
  • Multiple cooling system units

About This Home

As of June 2018

BRICK , CORNER LARGE 2 FAMILY, PRIVATE DRIVEWAY DETACHED 2 CAR GARAGE, SEPARATE SIDE ENTRANCE, CLOSE TO D TRAIN, SUPERMARKET, TREMENDOUS POTENTIAL

Last Agent to Sell the Property

Siu Kit Wong

RE/MAX Real Estate Professiona Listed on: 10/02/2017

RE/MAX Real Estate Professiona

Last Buyer's Agent

Siu Kit Wong

RE/MAX Real Estate Professiona Listed on: 10/02/2017

RE/MAX Real Estate Professiona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 1920

Lot Details

  • 2,150 Sq Ft Lot
  • Lot Dimensions are 100 x 21
  • Back, Front, and Side Yard

Interior Spaces

  • 2,404 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 6236

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,300
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,273

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 63.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 76th St
  • Cross Street Name2: 77th St
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2404
  • Building Stories: 2
  • Street Name I D X: 16
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Parquet, Tile
  • Lot Sq Ft: 2150

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 8
  • Roof: Other

Utilities

  • Air Conditioning Units: 2
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Fee Information

  • Annual Fuel Expense: 1300.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 21
  • Zoning: R5

Multi Family

  • Insurance Expense: 1200.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 7273.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Jun 15, 2018
Sold by
Gallina Maria Theresa and Montalti Francesca
Bought by
Feng Ying Lian and Li Bao Quan
Seller's Agent
Siu Kit Wong
RE/MAX Real Estate Professiona
Buyer's Agent
Siu Kit Wong
RE/MAX Real Estate Professionals
Sold Price
$1,585,000
Current Estimated Value
$1,638,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,359
Avg. Annual Appreciation
0.44%
Original Mortgage
$900,000
Outstanding Balance
$775,060
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$863,299

Purchase Details

Closed on
Aug 24, 2006
Sold by
Gallina Maria Theresa and Montalti Francesca
Bought by
Gallina Maria Theresa and Montalti Francesca
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feng Ying Lian $1,585,000 --
Feng Ying Lian $1,585,000 --
Feng Ying Lian $1,585,000 --
Gallina Maria Theresa -- --
Gallina Maria Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Ying Lian $900,000
Closed Feng Ying Lian $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $1,585,000 -- $659 / Sq Ft
10/02/2017 10/02/17 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 $9,366 $89,940 $13,380 $76,560
2024 $9,366 $73,800 $13,380 $60,420
2023 $8,934 $75,600 $13,380 $62,220
2022 $8,782 $82,860 $13,380 $69,480
2021 $9,188 $82,740 $13,380 $69,360
2020 $4,309 $88,080 $13,380 $74,700
2019 $8,129 $81,900 $13,380 $68,520
2018 $7,473 $36,660 $6,377 $30,283
2017 $7,473 $36,660 $7,072 $29,588
2016 $7,273 $36,382 $8,304 $28,078
2015 $4,171 $34,323 $9,712 $24,611
2014 $4,171 $32,382 $10,998 $21,384
Source: Public Records

Agents Affiliated with this Home

  • Siu Kit Wong

    Seller's Agent in 2018

    Siu Kit Wong

    RE/MAX

    (917) 575-8000

    4 in this area

    16 Total Sales

    Siu Kit Wong
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 415117

Brooklyn Board of REALTORS®

APN: 06236-0008

New York Kings County Brooklyn 11214 Bensonhurst

7601 16th Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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