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Sold for $880,000
  • $880,000

    16 Bay 50 St, Brooklyn, NY 11214

    5beds
    1,856sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $895,300 Zestimate®
    $474/sqft
    $2,614 Estimated rent

    Home value

    $895,300

    $815,000 - $985,000

    $2,614/mo

    Zestimate® history
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    $2,614/mo

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    $5,205/mo

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    What's special

    A large two family property in convenient Bath Beach location. Property is close to subway/bus (2 min walk), school, and shopping. Currently the subject building is 3 bedroom over 2 bedroom with an unfinished basement. The block is zoned R-5 with C1-2 commercial overlay which means first floor can be converted to commercial/retail/office use. The property will be delivered fully vacant and is great for investment.Please call Alan Ng

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 1,856 sqft

    Property

    Lot
    • Size: 1,933 sqft
    Details
    • Parcel number: 069040044

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    2/24/2025Sold$880,000-11.9%$474/sqft
    Source: Public Record Report a problem
    10/23/2024Contingent$999,000$538/sqft
    Source: StreetEasy #S1698320 Report a problem
    8/7/2024Pending sale$999,000$538/sqft
    Source: StreetEasy #1698320 Report a problem
    7/15/2024Price change$999,000-6.5%$538/sqft
    Source: StreetEasy #1698320 Report a problem
    6/24/2024Price change$1,069,000-0.6%$576/sqft
    Source: StreetEasy #1698320 Report a problem
    6/13/2024Price change$1,075,000-0.3%$579/sqft
    Source: StreetEasy #1698320 Report a problem
    5/21/2024Price change$1,078,000-1.8%$581/sqft
    Source: StreetEasy #e03ed3d2e5ce11afa8f4527e59db862e Report a problem
    4/4/2024Price change$1,098,000-3.5%$592/sqft
    Source: StreetEasy Report a problem
    3/6/2024Price change$1,138,000-1.7%$613/sqft
    Source: StreetEasy Report a problem
    2/6/2024Listed for sale$1,158,000+28.8%$624/sqft
    Source: StreetEasy Report a problem
    11/26/2016Listing removed$899,000$484/sqft
    Source: House-N-Key Realty Report a problem
    7/21/2016Listed for sale$899,000$484/sqft
    Source: House-N-Key Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,629 -1.2%$62,340 +21.4%
    2024$7,722 $51,360 -16.4%
    2023-- $61,440 +5.1%
    2022-- $58,440 +29.5%
    2021-- $45,120 -17.5%
    2020$6,782 $54,720 +13%
    2019$6,782 +2.3%$48,420 +52.8%
    2018$6,628 +8.4%$31,683 +5.6%
    2017$6,116 +10.5%$30,000 +6%
    2016$5,534 $28,302 +6%
    2015$5,534 +59.4%$26,700
    2014$3,473 $26,700 +1.1%
    2013-- $26,403 +3.8%
    2012-- $25,435 +4%
    2011-- $24,468
    2010-- $24,468 +4.9%
    2009-- $23,322 +6%
    2008-- $22,003 +3.8%
    2007-- $21,196 +4%
    2006-- $20,390
    2005-- $20,390 +4.9%
    2004-- $19,435 +6%
    2003-- $18,336 +3.8%
    2002-- $17,664 +4%
    2001-- $16,992
    2000-- $16,992

    Find assessor info on the county website

    Neighborhood: Gravesend

    Nearby schools

    GreatSchools rating