297 16th St
Brooklyn, NY 11215 (Park Slope)
$3,820,000

297 16th St
Brooklyn, NY 11215

(Park Slope)
  • 1,444 sqft
  • 2,492 sqft lot size
  • Multi-Family
Off Market · Sold on Jun 8, 2017
$3,820,000
297 16th St
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  • 1 Elementary School

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  • Lowest crime relative to the rest of Kings county.

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  • 12% of residents commute by car.

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  • 443 Restaurants

    73 Grocery stores

    105 Nightlife

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Off Market · Sold on Jun 8, 2017

Home Details

Overview
  • Multi-Family
  • Built in 1899
  • 2,492 sqft lot size
  • 1,444 sqft
Description

This property is no longer available to rent or buy. This description is from May 16, 2016
Introducing a one of a kind offering: 297 16th Street is a gorgeous 25 wide two family townhouse with a completely unique layout, one residence in front of the other. This home has been meticulously crafted to ensure the utmost privacy for the homeowner and tenant. The primary residence has its own entrance and provides four levels of living. Upon entering, you first encounter the elevated, designer kitchen in an expansive open space. The kitchen boasts custom lacquer cabinets with brass fittings, Sub-Zero, Wolf and Bosch appliances, and a large farm sink in a gracious island. The Cesarstone Calacatta Nuvo countertops throughout the kitchen compliment the gleaming custom cabinets and brass fixtures. Step down to the living and dining space where a 13ft wall of steel encased glass windows and French doors allow the sunshine to stream in from the backyard. The 40 ft. by 25 ft. yard is freshly sodded and ready for your ideas! The polished concrete floor in the living area is a radiant heat source adding to the comfort of this space. A staircase takes you down to a media/playroom, also with a polished, radiant heated concrete floor, that is open to the living space above, allowing light to illuminate the space. There is also a full bath on this level. Arrive at the second floor to find three bedrooms, two full baths, and a laundry room. One bedroom features a large walk-in closet as well as an en-suite bathroom with a luxurious rainfall shower-head and marble bath. Ascend to the master suite where light pours down from six skylights and floor-to-ceiling windows. The master suite is your own luxurious retreat, complete with a private cedar rooftop terrace. The master bedroom is doublewide and features a sitting room. The master bath is accessible through a walk in closet. Surrounded by gorgeous marble and lit by a large skylight is a soaking tub and a separate rainfall shower. The rental exists as a separate house in the front of the building with its own entrance and two floors of living. The two bedrooms, one bath duplex layout with laundry room will provide an excellent income of over $45,000 annually, or act as the perfect in-law apartment. Located just off of 7th Avenue in prime South Slope, Prospect Park is just two short blocks away! Around the corner are myriad eateries along 5th and 7th avenues such as Talde, Fonda, and Hugo & Sons, gourmet markets, and an array of boutiques. The Park Slope Armory YMCA is a block away, and the F/G/R trains provide rapid transportation to anywhere in Manhattan or Brooklyn.

Price History
Date
Price
Event

06/08/2017
$3,820,000
Sold
Recording Date
06/08/2017
Contract Date
01/03/2017
Sale Price
$3,820,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

01/03/2017
$3,595,000
Posting removed

12/29/2016
$3,595,000
Posting removed

12/27/2016
$3,595,000
Posting removed

06/11/2016
$3,595,000
Pending

05/16/2016
$3,595,000
Listed for sale

06/10/2014
$1,200,000
Sold
Recording Date
06/10/2014
Contract Date
06/05/2014
Sale Price
$1,200,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

05/16/2014
$1,250,000
Posting removed

02/15/2014
$1,250,000
Listed for sale

01/08/2014
$300,000
Sold
Recording Date
01/08/2014
Contract Date
12/12/2013
Sale Price
$300,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$3,855.42
Assessments
$19,286
Land
$5,711
Improvements
$13,575
Total
$19,286
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 11215
$1,794,393
53% below sold price
Median Sale Price for 11215
$1,181,250
69% below sold price
Average Sale price/sqft for 11215
$1,084/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
0.64
Multi-Family
$4,000,000
06/27/17
-
-
4,025
0.45
Multi-Family
$3,250,000
06/29/17
-
-
2,820
0.63
Multi-Family
$4,000,000
07/18/17
-
-
3,720
0.87
Multi-Family
$3,850,000
09/08/17
-
-
5,690
1.08
Multi-Family
$2,350,000
12/01/17
-
-
2,160
0.9
Multi-Family
$2,925,000
03/14/17
-
-
2,295
0.69
Multi-Family
$3,375,000
09/12/17
-
-
2,748
0.28
Multi-Family
$3,248,000
10/02/17
-
-
2,970
0.72
Multi-Family
$3,150,000
10/06/17
-
-
2,430
4.18
Multi-Family
$2,525,000
11/16/17
-
-
1,404

Contact Info


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