NOT LISTED FOR SALE

8709 16th Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $1,287,371 - $1,439,000

6 Beds
3 Baths
2,120 Sq Ft
$640/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,300,000 $613 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,223/month

Highlights

  • 2,708 Sq Ft lot
  • Deck
  • Terrace
  • P.S. 163 Bath Beach Rated A
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of May 2023

Presenting this Semi-Detached Brick Legal Two(2) Family with Wide 10 Feet Shared Driveway and a Detached Garage Located in the Most Sought-After Prime Neighborhood. It is conveniently located ONLY few steps away from ALL your family needs: Excellent School Districts, 18th Avenue D train station, B1/B8/X28/X38 local and express buses, Dyker Beach and Bath Beach Parks, Belt Parkway, and a major commercial block on 86th Street which offers different variety of restaurant, supermarkets, banking, Walgreens, entertainments and much more to mention. This home features a three(3)-bedroom apartment with separated kitchen/dinning/living rooms and a private balcony on the top floor over identical apartment on the 1st floor with access to the rear deck over semi-finished basement with separate entrance, a new roof, a 10 feet shared driveway with a detached garage can park up to 3 cars, building size 1st floor 20x59' and 2nd floor 20x50' with approx 2,120 SQFT sitting on an oversize 25x108.33' lot and annual property tax $8,927. Some TLC will make this home your dream home. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 10/10/2022

RE/MAX Edge

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 10/10/2022

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,927

Year Built

  • Built in 1925

Lot Details

  • 2,708 Sq Ft Lot
  • Lot Dimensions are 108 x 25
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6397

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,927

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1180
  • Building Length: 59.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Benson Av
  • Cross Street Name2: Bath Av
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Deck, Dryer, Refrigerator, Stove, Terrace, Washer
  • Fill Sq Ft Total: 2120
  • Building Stories: 2
  • Street Name I D X: 16th
  • Street Number I D X: 8709
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2708
  • Total Rooms: 10

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 108
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8927.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
May 30, 2023
Sold by
Baio Connie and Digrazia Peter
Bought by
Wang Ji Hong and Zhou Hai Fen
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
$1,356,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,843
Avg. Annual Appreciation
0.63%
Original Mortgage
$350,000
Outstanding Balance
$341,444
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$976,652

Purchase Details

Closed on
Jan 31, 2002
Sold by
Digrazia Giuseppe and Digrazia Santina Decd
Bought by
Digrazia Peter and Baio Connie
Source: Public Records

Range of Values:

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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
Wang Ji Hong $1,300,000 --
Wang Ji Hong $1,300,000 --
Digrazia Peter -- --
Digrazia Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ji Hong $350,000
Closed Wang Ji Hong $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,300,000 -7.1% $613 / Sq Ft
10/10/2022 10/10/22 For Sale $1,399,000 -- $660 / Sq Ft
10/09/2022 10/09/22 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 $9,955 $96,300 $14,160 $82,140
2024 $9,955 $92,040 $14,160 $77,880
2023 $9,605 $95,880 $14,760 $81,120
2022 $8,927 $96,480 $14,760 $81,720
2021 $8,958 $83,700 $14,760 $68,940
2020 $6,718 $73,560 $14,760 $58,800
2019 $8,640 $73,560 $14,760 $58,800
2014 $4,240 $34,420 $12,495 $21,925
Source: Public Records

Agents Affiliated with this Home

  • Jason Zhou

    Seller's Agent in 2023

    Jason Zhou

    RE/MAX Edge

    (347) 988-5318

    28 in this area

    176 Total Sales

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 467302

Brooklyn Board of REALTORS®

APN: 06397-0031

New York Kings County Brooklyn 11214 Bath Beach

8709 16th Ave, Brooklyn, NY

This home is located at 8709 16th Ave, Brooklyn, NY 11214 since 10 October 2022 and is currently estimated at $1,356,843, approximately $640 per square foot. This property was built in 1925. 8709 16th Ave is a home located in Kings County with nearby schools including P.S. 163 Bath Beach and St Bernadette School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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