NOT LISTED FOR SALE

8715 Bay 16th St Unit 2B Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $631,000 - $820,000

3 Beds
2 Baths
990 Sq Ft
2005 Built

Last Sold March 11, 2022

Last sale price $743,000 $751 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,574/month

Highlights

  • Wood Flooring
  • Porch
  • Community Storage Space
  • P.S. 163 Bath Beach Rated A
  • Baseboard Heating

About This Home

As of March 2022

Welcome to Bath Beach's premier luxury condo. This large 3 bedroom 2 bathroom with private balconies and deeded parking. The sun drenched apartment features newly renovated kitchen offers custom cabinets, stainless steel appliances, granite countertops. Great conditioner full bathroom comes with a well maintained Jacuzzi tub! Low monthly maintenance charge of $286 includes Liability Insurance, Water/Sewer Bill, Landscaping, Garbage and Snow Removal. Unit includes an additional private storage room in the basement. Close proximity to supermarkets, dentists, schools, park and everything you need! Moreover, the nearby D train and express bus C28 which can take you to Manhattan in just minutes! Don’t miss out the opportunity to own this beautiful home!

Last Agent to Sell the Property

Ping Chen

RE/MAX Edge Listed on: 01/11/2022

RE/MAX Edge

Co-Listed By

Dan Dong

RE/MAX Edge

Last Buyer's Agent

Jie Min Xia

Momentum Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,141

Year Built

  • Built in 2005

Home Design

  • 990 Sq Ft Home

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Lot

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Septic System

Additional Features

  • Stove
  • Porch
  • Sprinkler System

Listing and Financial Details

  • Tax Block 6401

Community Details

Overview

  • 12 Units
  • Association Phone (917) 309-4977
  • 8711 8719 Bay 16Th St Condo Association Condos
  • Property managed by Board of Managers

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,141

Year Built

Built in 2005

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: Benson Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Maintenance Common Fee: 286.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space, Parking Area
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dryer, Porch, Refrigerator, Stove, Washer, Other
  • Rooms Total Level1: 6
  • Fill Sq Ft Total: 990
  • Street Name I D X: Bay 16th
  • Street Number I D X: 8715
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Entry Floor: 2
  • Pets Allowed: Yes
  • Room Count: 8
  • Total Rooms: 6
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1005

Utilities

  • Air Conditioning Units: 0
  • Heating Fuel: Gas
  • Utilities: Parking, Septic, Sewer, Sprinkler System, Water, Other

Condo/Co-op/Association

  • Management Company: Board of Managers
  • Manager Phone: 917-309-4977
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 12

Lot Info

  • Building Project Name: 8711-8719 Bay 16th St Condo Association

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 6141.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 11, 2022
Sold by
Gechele Louise
Bought by
Zhang Jialang
Seller's Agent
Ping Chen
RE/MAX Edge
Buyer's Agent
Jie Min Xia
Momentum Real Estate LLC
Sold Price
$743,000
Current Estimated Value
$733,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,358
Avg. Annual Appreciation
-0.29%
Original Mortgage
$400,000
Outstanding Balance
$375,727
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,073

Purchase Details

Closed on
Oct 12, 2004
Sold by
8713 Realty Corp
Bought by
Gechele Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.74%
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
Zhang Jialang $743,000 --
Gechele Louise $451,230 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Jialang $400,000
Previous Owner Gechele Louise $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $743,000 -- $751 / Sq Ft
01/11/2022 01/11/22 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 $6,260 $37,009 $1,715 $35,294
2024 $6,260 $35,613 $1,715 $33,898
2023 $6,330 $41,109 $1,715 $39,394
2022 $6,175 $37,873 $1,715 $36,158
2021 $6,141 $35,147 $1,715 $33,432
2020 $2,352 $32,246 $1,715 $30,531
2019 $3,451 $32,246 $1,715 $30,531
2018 $2,397 $25,972 $1,278 $24,694
2017 $1,423 $25,777 $1,370 $24,407
2016 $456 $24,318 $1,678 $22,640
2015 $312 $22,942 $1,536 $21,406
2014 $312 $21,644 $1,715 $19,929
Source: Public Records

Agents Affiliated with this Home

  • Ping Chen

    Seller's Agent in 2022

    Ping Chen

    RE/MAX

    (917) 536-3632

    16 in this area

    118 Total Sales

    Section Image
  • Dan Dong

    Seller Co-Listing Agent in 2022

    Dan Dong

    RE/MAX

    (929) 291-9897

    25 in this area

    254 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Jie Min Xia

    Momentum Real Estate LLC

    (718) 382-0001

    13 in this area

    61 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458175

Brooklyn Board of REALTORS®

APN: 06401-1005

New York Kings County Brooklyn 11214 Bath Beach

8715 Bay 16th St Unit 2B, Brooklyn, NY

This home is located at 8715 Bay 16th St Unit 2B, Brooklyn, NY 11214 since 11 January 2022 and is currently estimated at $750,089, approximately $757 per square foot. This property was built in 2005. 8715 Bay 16th St Unit 2B is a home located in Kings County with nearby schools including P.S. 163 Bath Beach and Elite Academy of Science & Technology (EAST).

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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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