M
Seller's Agent in 2023
Mandy Shi
Momentum Real Estate LLC
(718) 382-0001
6 in this area
65 Total Sales
8751 16th Ave Brooklyn, NY 11214
Bath Beach NeighborhoodEstimated Value: $1,543,000 - $1,830,553
Studio
3.5
Baths
3,590
Sq Ft
$477/Sq Ft
Est. Value
Highlights
- 5,417 Sq Ft lot
- Wood Flooring
- Brick Front
- P.S. 163 Bath Beach Rated A
- Back and Side Yard
- Heating System Uses Steam
About This Home
As of December 2023Welcome to this exceptional property situated in the sought-after Bath Beach area. This outstanding three-family detached property boasts a 50x118 lot, making it an incredible opportunity for any type of home buyer, whether an investor or an end-user. With a detached garage and an extra wide private driveway, this property offers ample parking space. The extra-large home comprises three levels in addition to a finished basement. The 1st and 2nd floors, each measuring 25x55, feature four bedrooms, a living room, and a kitchen, while the 3rd floor, measuring 25x42, consists of two bedrooms, a living room, and a kitchen. This remarkable property is a rare find with its spacious lot size and is perfect for anyone looking for a unique home. Contact us today to schedule a private showing and experience this amazing home for yourself.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,956
Year Built
- Built in 1925
Lot Details
- 5,417 Sq Ft Lot
- Lot Dimensions are 118 x 50
- Back and Side Yard
Home Design
- Slab Foundation
- Wood Frame Construction
- Pitched Roof
- Siding
- Brick Front
Interior Spaces
- 3,590 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Carpet
- Tile
Parking
- 6 Parking Spaces
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 3 Units
- Community Storage Space
Listing and Financial Details
- Tax Block 6397
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2023
Closed on
Dec 20, 2023
Sold by
Bought by
Seller's Agent
Mandy Shi
Momentum Real Estate LLC
Buyer's Agent
Xiaobing Zhang
Momentum Real Estate LLC
List Price
$1,950,000
Sold Price
$1,638,000
Premium/Discount to List
-$312,000
-16%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,904
Avg. Annual Appreciation
1.75%
Original Mortgage
$1,050,000
Interest Rate
0.0729%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 23, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
0.0783%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,638,000 | -- | ||
| -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,050,000 | ||
| Closed | $938,250 | ||
| Closed | $385,000 | ||
| Closed | $75,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $1,638,000 | -6.4% | $456 / Sq Ft |
| 07/10/2023 07/10/23 | Price Changed | $1,750,000 | -2.8% | $487 / Sq Ft |
| 06/12/2023 06/12/23 | Price Changed | $1,799,500 | 0.0% | $501 / Sq Ft |
| 05/02/2023 05/02/23 | Price Changed | $1,800,000 | -7.7% | $501 / Sq Ft |
| 03/22/2023 03/22/23 | For Sale | $1,950,000 | -- | $543 / Sq Ft |
| 03/22/2023 03/22/23 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,399 | $86,700 | $23,880 | $62,820 |
| 2025 | $11,140 | $92,340 | $23,880 | $68,460 |
| 2024 | $11,140 | $88,260 | $23,880 | $64,380 |
| 2023 | $10,653 | $106,260 | $23,880 | $82,380 |
| 2022 | $9,956 | $116,400 | $23,880 | $92,520 |
| 2021 | $9,953 | $101,460 | $23,880 | $77,580 |
| 2019 | $9,669 | $84,300 | $23,880 | $60,420 |
| 2018 | $8,911 | $43,712 | $13,775 | $29,937 |
| 2017 | $8,472 | $41,560 | $12,381 | $29,179 |
| 2016 | $7,879 | $39,412 | $14,338 | $25,074 |
| 2015 | $4,729 | $39,412 | $19,818 | $19,594 |
| 2014 | $4,729 | $38,517 | $16,465 | $22,052 |
Source: Public Records
Agents Affiliated with this Home
-
Mandy Shi
-
Xiaobing Zhang
X
Buyer's Agent in 2023
Xiaobing Zhang
Momentum Real Estate LLC
(646) 215-1531
3 in this area
65 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 472689
APN: 06397-0013
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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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