4 months on rocket

2554 W 16th St, Brooklyn, NY, 11214

$795,000

Home List Price

$9,441*

Closing Credit

2 Bedrooms
1 Full Bath
590 SqFt
$1,347/SqFt
House

Location

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2554 W 16th St, Brooklyn$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther, Street
Year Built1930
HeatingBaseboard, Natural Gas
CoolingOther
BasementYes
FireplaceStove
MLS #484986
StatusActive

About 2554 W 16th St

Nestled in the heart of Brooklyn, this home offers the perfect blend of urban convenience and serene living. This two-bedroom duplex, complete with two bathrooms, is a rare find in the bustling city. The generous lot size and R5 zoning present a unique opportunity for both homeowners and investors alike. The expansive backyard invites endless entertainment and relaxation possibilities, while the proximity to key transport routes ensures you're never far from the action. With ample storage space to keep your life organized, this property is a true Brooklyn treasure waiting to be claimed.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1930
  • Stories: 1
  • Living Area: 590 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Professiona

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Other, Street

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $1,347/SqFt

Tax Information:

  • Annual Amount: $3,046
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

2554 W 16th St vs Brooklyn

142 DAYS ON ROCKET

+31 Days

$795,000

-$184.9K Less

$1,347/SqFt

+$645 More

KEY TAKEAWAY

This property is $184.9K less than the Median Sold Price and $645/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #484986

Listing Office:

  • Office Name: RE/MAX Real Estate Professiona

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,046$29,220
2019$3,045$33,120
2018$2,629$12,896
2017$2,541$12,896

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-939235
5
/10

  • P.S. 212 Lady Deborah Moody School

  • 87 Bay 49th St

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-939236
5
/10

  • P.S. 90 Edna Cohen School

  • 2840 W 12th St

  • 0.56 miles

  • Public Magnet Grades PK-5

school-card-donut-939237
6
/10

  • P.S. 216 Arturo Toscanini School

  • 350 Avenue X

  • 0.89 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,318. Most Brooklyn, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2554 W 16th St

What is the listing price of this property?

The listing price of 2554 W 16th St property is $795,000.

What type of property is this?

The property 2554 W 16th St is a house located in Brooklyn, New York, 11214.

Is this property for sale now?

Active Listing: 2554 W 16th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,046 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2554 W 16th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2554 W 16th St is 590 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2554 W 16th St is 1930.

Rocket Homes›New York›Kings County›Brooklyn›11214›2554 W 16th St

This home is located at 2554 W 16th St in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 590 square foot home was built in 1930. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $795,000.

In November 2024 more than 28 listings in Brooklyn, NY were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 161 were sold below. The number of listings in Brooklyn, NY decreased by 10.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 111 days, the median list price was $979,913.

From Rocket Homes Real Estate and based on county public records data.

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