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$1,195,000   Price Analysis
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251 16th St Apt 1A
Brooklyn, NY 11215
2 bed 2 bath 1,080 SqFt ($1106/SqFt)
Built 2003
Listed 2024-04-25, HOA $640, Taxes $726
Ⓧ USDA Ineligible
due to price & location

near Brooklyn

Spring is here!

This approximate 1100 square-foot duplex with a truly oversized private garden is currently used as a two bedroom one and a half bath providing extremely versatile living space. Enter into a living room with hardwoods floors and south/ tree lined exposures. A renovated galley kitchen with stainless steel appliances and granite countertops opens to the living room. The wide open hall with closet leads to a generous master bedroom overlooking the expansive private patio area and terraced garden. There is a full bath on this floor with white tile and soaking tub.



Descend the wide stair to an area used as a small office. This room (currently used as a bedroom) with generous closet space offers access to the patio area and terraced gardens as we ll. There is an overszed laundry room with stackable Samsung washer/dryer as well as a slop sink this can also be re-designed for additional storage space if preferred. A second half bath with similar white tile accents as well as a generous closet completes the lower level.

This building has a generous tax abatement until 2030 and the monthlies are extremely reasonable for a building with such amenities. This condominium also supplies a separate storage locker for residents. So convenient to all the shops, restaurants and other amenities South Slope affords.





Property MLS #9119174 from TerraHoldings

Bedrooms: 2

Total Rooms: 5

Total Bathrooms: 1.50
Full Bathrooms: 1
1/2 Bathrooms: 1

Kitchen Description: E

Frontage Type: Depth Footage: 0.00, Front Footage: 0.0

Association: Yes
Calculated Total Monthly Association Fees: 640

Annual Tax Amount: 60.0
Source Listing Status: ACTIVE
Availability Date: 2024-04-17
Cross Street: 5 AVENUE and 6 AVENUE
Area: Brooklyn
Property Subtype: condo
Source Neighborhood: South Slope
Ownership Type: CONDO
Zoning: R6B
Property Subtype: CONDO
Source System Name: C2C
Buyer Agent Commission: 2.50

YearAssessments
Building + Land
Total
Tax
2022$99,112 + $5,141
$104,253
$726
2021$83,514 + $5,141
$88,655
$730
2020$93,707 + $5,141
$98,848
$743
2019$90,387 + $5,141
$95,528
$751
2018$82,838 + $5,141
$87,979
$751
2017$80,753 + $5,140
$85,893
$757
2016$75,965 + $5,140
$81,105
$767
2015$67,504 + $5,141
$72,645
$767
2014$67,504 + $5,141
$72,645
$766
2013$53,169 + $5,141
$58,310
$783
2012$50,467 + $5,140
$55,607
$800
2010$51,095 + $3,377
$54,472
$788
2009$59,485 + $2,496
$61,981
$788
2007$54,491 + $734
$55,225
$710

Listed 2024-04-25
$1,195,000
TerraHoldings
Sold 2009-10-07
$595,000
Public Record
Sold 2005-01-14
$480,433
Public Record

Total Square Feet Living: 1080
Year Built: 2003
Building Name: PROSPECT GARDENS
Property Age: 21
Property Condition: Excellent
Levels or Stories: 4
Structure Type: WALKUP
Elevator: Yes

P.S.10 Magnet School for Math, Science & Design Technology is a public elementary school located approximately 0.3 miles away.
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Avalon Childcare Fifth Avenue is a private elementary school located approximately 0.1 miles away.
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New Voices School Of Academic And Creative Arts is a public middle school located approximately 0.2 miles away.
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Park Slope Collegiate is a public middle and high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.