NOT LISTED FOR SALE

8728 Bay 16th St Unit 3B Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $630,000 - $836,000

3 Beds
2 Baths
1,122 Sq Ft
2008 Built

Last Sold September 01, 2022

Last sale price $700,000 $624 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,711/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Community Storage Space
  • P.S. 163 Bath Beach Rated A
  • Baseboard Heating

About This Home

As of September 2022

Excellent condition 1,122 SQFT Condominium with 3-bedrooms, 2-full bathrooms, balcony, 1-parking in the building front and basement storage room. Minutes to D train 18th Ave station and supermarkets, this 3rd floor condo unit comes with high cathedral ceiling and private balcony overlooking the skyline. In-unit washer & dryer, hardwood floor through the whole apartment, 2 tiled full bathrooms, cozy kitchen with granite countertops. Low maintenance at $206/month included water and outside maintenance and property tax $3,048/year. Perfectly situated in Bath Beach area, getting around couldn’t be easier – take advantage of the D train, Express Bus to Manhattan all close by! Excellent school zone PS/IS 163, PS748, JHS201. This amazing unit is perfect for any type of home buyer from an investor for rental income to first time home buyer and work from home buyer! Call now to request your private showing to view this amazing home.

Last Agent to Sell the Property

Eric Chik Chan

Listed on: 06/07/2022

Last Buyer's Agent

ALLEN SIU LUN TANG

Re/Max Real Estate Professiona

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 2008

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Deeded Parking

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 6400
  • Property eligible for a tax abatement

Community Details

Overview

  • 3 Units
  • Association Phone (718) 238-9879
  • The 8732 Bay 16Th Street Condominium Condos
  • Property managed by D & D Management Services

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,048

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 3
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: BENSON AVE
  • Cross Street Name2: BATH AVE
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Maintenance Common Fee: 206.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space, Deeded
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Central Air - Split, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Rooms Total Level1: 6
  • Fill Sq Ft Total: 1122
  • Street Name I D X: Bay 16th
  • Street Number I D X: 8728
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Entry Floor: 3
  • Pets Allowed: Yes
  • Room Count: 8
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Semi-Detached
  • Lot Number: 1113

Utilities

  • Air Conditioning Units: 4
  • Heating Fuel: Gas
  • Utilities: Parking, Water

Condo/Co-op/Association

  • Management Company: D & D Management Services
  • Manager Phone: 718-238-9879
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 3

Lot Info

  • Building Project Name: The 8732 BAY 16th street Condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 3048.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 30, 2022
Sold by
Lau Ada Sau Kit and Lau Jonathan Yiu
Bought by
Mei Nancy and Wu Shu P
Seller's Agent
Eric Chik Chan
Buyer's Agent
ALLEN SIU LUN TANG
Re/Max Real Estate Professiona
Sold Price
$700,000
Current Estimated Value
$739,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,931
Avg. Annual Appreciation
1.53%
Original Mortgage
$350,000
Outstanding Balance
$334,647
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,474

Purchase Details

Closed on
Jun 28, 2022
Sold by
Lau Ada Sau Kit and Lau Dorothy Hiu
Bought by
Lau Ada Sau Kit and Lau Jonathan Yiu

Purchase Details

Closed on
Feb 24, 2018
Sold by
Lau Ada Sau Kit
Bought by
Lau Ada Sau Kit and Lau Jonathan Y

Purchase Details

Closed on
Apr 25, 2012
Sold by
Kit Lau Ada Sau
Bought by
Kit Lau Ada Sau and Kit Lau Ricky Wing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,405
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Mei Nancy $700,000 --
Lau Ada Sau Kit -- --
Lau Ada Sau Kit -- --
Kit Lau Ada Sau -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mei Nancy $350,000
Previous Owner Lau Ada Sau Kit $281,000
Previous Owner Kit Lau Ada Sau $8,405
Previous Owner Lau Ada Sau Kit $1,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $700,000 -- $624 / Sq Ft
06/07/2022 06/07/22 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 $7,488 $42,039 $2,901 $39,138
2024 $7,488 $38,258 $2,901 $35,357
2023 $5,847 $45,014 $2,901 $42,113
2022 $4,235 $41,502 $2,901 $38,601
2021 $3,048 $38,493 $2,901 $35,592
2020 $928 $34,883 $2,901 $31,982
2019 $683 $34,883 $2,901 $31,982
2018 $666 $29,311 $2,428 $26,883
2017 $666 $27,652 $2,472 $25,180
2016 $653 $26,088 $2,580 $23,508
2015 $446 $26,088 $2,382 $23,706
2014 $446 $25,891 $2,837 $23,054
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Eric Chik Chan

  • ALLEN SIU LUN TANG

    Buyer's Agent in 2022

    ALLEN SIU LUN TANG

    RE/MAX

    (917) 518-8880

    4 in this area

    103 Total Sales

    ALLEN SIU LUN TANG
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 463252

Brooklyn Board of REALTORS®

APN: 06400-1113

New York Kings County Brooklyn 11214 Bath Beach

8728 Bay 16th St Unit 3B, Brooklyn, NY

This home is located at 8728 Bay 16th St Unit 3B, Brooklyn, NY 11214 since 07 June 2022 and is currently estimated at $739,931, approximately $659 per square foot. This property was built in 2008. 8728 Bay 16th St Unit 3B 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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