1
Map
303A 16TH Street
About This Property
Located in a vibrant neighborhood of Park Slope, this home is just steps away from local shops, restaurants, and beautiful Prospect Park. At your doorstep, discover local favorites like Winner, Fonda, Provini, Pasta Louise, Cheese Plate, Union Market, and Cafe Grumpy. Prospect Park, with over 500 acres of green space and year-round outdoor activities, is just a block away. Commuting is a breeze with the F and N/R train just minutes away.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | Listed by Corcoran Group | $995,000 | |
| Listed by Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2025
| |
3 Bed
|
2 Bath
|
1916 ft²
|
$995,000
3 Bed
2 Bath
1916 ft²
|
$1,280,000
+28.64%
06/30/2025
|
Irine Blyumin
Corcoran Group
|
Building Info
About South Brooklyn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017