by RH Advisors

Check Availability
$2,350,000
↓ $150K (6%)
Townhouse - For Sale

318 16TH Street

Brooklyn, NY 11215
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2600 Sqft
$11,984
Estimated Monthly
$0
HOA / Fees
2.86%
Cap Rate

About This Property

Incredible opportunity to own an entire townhouse less than two blocks from Prospect Park for less than the price of a condo! This charming brick 3-story home sits on a quiet and leafy green block between 7th and 8th avenues with amazing Park Slope amenities in every direction. Enjoy world-class dining, amenities, the Greenmarket, Nitehawk Cinema, schools and transportation (F/G/R trains), and of course, the crown Jewel of Brooklyn, the Olmstead designed Prospect Park a block and a half away. This home is ready for you to move into today and has been lovingly maintained and updated by its current owners. Currently configured as a two-family home with an owner's garden duplex (plus finished basement with a home gym and storage), and a sunny one-bedroom rental on the top floor, this home is easily used as a 1-family with very minimal work (literally open up a door between the upper two floors). Live comfortably on the lower two floors and use the rental to help with your mortgage payments OR open the door and enjoy 5 bedrooms, 2.5 baths for just yourself.

Enter under the stoop into a surprisingly large garden level that flows into a South-facing backyard. The living is easy on this floor with a sunny and modern eat-in kitchen in the
back. Enjoy cooking and dining under a large skylight that brings light in all day long. The kitchen has been outfitted with a suite of birch cabinets that also include pull-up glass-fronted pantries, black galaxy granite countertops, Bosch gas range, Bosch DW and a large Samsung French door fridge. A dining area easily fits into the space, as does a clever office nook if you enjoy working while cooking. Oversized windows overlook a garden that includes a bluestone patio near the house, plus an elegant serpentine-shaped brick wall perfectly framing a multitude of perennial plantings that include evergreens, birch trees, azalea bushes, and a dogwood tree. You will forget that you are in the city with this view! The front of this floor faces a picturesque block and offers a spacious living room with your very own working woodburning fireplace with an exposed-brick mantle. Enjoy a powder room that also includes a laundry station with a side-by-side full-sized LG washer and dryer and cabinetry to organize all your cleaning necessities.

Head upstairs to two large bedrooms, a spacious home office currently being used as a capacious dressing room, and a windowed bathroom. The south-facing Primary bedroom offers fantastic light and the closet of your dreams, fully outfitted with shelving, drawers and hanging space. A windowed Jack and Jill bathroom is shared by both bedrooms on this level and enjoys white subway tile paired with blue glass mosaics. The top floor is flooded with sun all day and feels like a treehouse with its skyline views. Recently renovated as a spacious one-bedroom apartment with its own separate entrance at the top of the stoop, this is a money-making rental unit should you want help paying your monthly bills. If you need more bedrooms, just remove the kitchen and enjoy three additional spacious bedrooms on this floor, plus a full bath, or add a second bathroom. You could even transform this light-infused haven into an incredible Primary suite and home office with minimal expense. A classic black and white mosaic bathroom has already been recently renovated and needs nothing. The charming kitchen is also in great shape and could be transformed into a wet bar by keeping the new white cabinets in place. And don't miss a second laundry closet on this floor with a full-sized vented gas washer and dryer close to all the bedrooms, or for the use of your tenant.

This wonderful home awaits your personal touches, or move in as-is today and live comfortably in Park Slope with every great amenity at your doorstep. Green space, schools,
restaurants and amenities abound in every direction, and enjoy more space for less money than any of the surrounding condos. Super low taxes of only $444 per month!
Unit Size
2,600Ft²
Days on Market
54 days
Land Size
0.04 acres
Price per sqft
$904
Property Type
Townhouse
Property Taxes
$445
HOA Dues
-
Year Built
1901
Last updated: 6 days ago (RLS #RPLU-33422882453)

Price History

Date / Event Date Event Price
Mar 25, 2024 Price Decreased $2,350,000
↓ $150K (6%)
Price Decreased
Mar 4, 2024 Listed by Corcoran Group $2,500,000
Listed by Corcoran Group
May 22, 2003 Sold to Douglas Johnson, Risa Johnson $815,000
Sold to Douglas Johnson, Risa Johnson

Property Highlights

Fireplace
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 2
Half Bathrooms: 1

Interior Information

Appliances: Washer Dryer Allowed
Living Area: 2600

Room Information

Laundry Features: Washer Hookup, In Unit
Rooms: 7

Fireplace Information

Has Fireplace
Stone
Fireplaces: 1

Basement Information

Exterior Details

Property Information

Year Built: 1901

Building Information

Outdoor Living Structures: None
Pets Allowed: Building Yes, No

Lot Information

Lot Size Dimensions: 100.00x16.00

Land Information

Tax Lot: 0018
Tax Block: 01108

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
3 Baths
2,988 ft²
$669/ft²
$2,000,000 Jul 13, 2020
$2,000,000 Oct 22, 2020
-
House
4 Beds
3 Baths
2,505 ft²
$956/ft²
$2,395,000 Dec 3, 2020
$2,395,000 Mar 19, 2021
-
House
4 Beds
2 Baths
2,500 ft²
$998/ft²
$2,495,000 Mar 27, 2018
$2,495,000 Jul 5, 2018
-
House
4 Beds
2 Baths
2,500 ft²
$878/ft²
$2,195,000 Sep 9, 2015
$2,195,000 Mar 19, 2016
-
House
4 Beds
3 Baths
2,500 ft²
$1,040/ft²
$2,600,000 Nov 10, 2021
$2,600,000 Apr 1, 2022
-
Townhouse
4 Beds
4 Baths
2,040 ft²
$1,324/ft²
$2,700,000 May 13, 2021
$2,700,000 Aug 17, 2021
-
In Contract
Townhouse
5 Beds
3 Baths
2,988 ft²
$803/ft²
$2,400,000 Feb 21, 2024
-
$597/mo
Townhouse
4 Beds
3 Baths
2,355 ft²
$1,062/ft²
$2,500,000 Feb 3, 2024
-
$480/mo
Townhouse
4 Beds
4 Baths
2,800 ft²
$927/ft²
$2,595,000 Jan 15, 2024
-
$735/mo
Townhouse
6 Beds
3 Baths
2,385 ft²
$818/ft²
$1,950,000 Nov 18, 2023
-
$323/mo
Townhouse
6 Beds
3 Baths
2,100 ft²
$1,262/ft²
$2,650,000 Jan 26, 2024
-
$412/mo
In Contract
Townhouse
4 Beds
2 Baths
1,872 ft²
$1,440/ft²
$2,695,000 Jan 1, 2024
-
$328/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

318 16th Street 318 16th Street, Brooklyn, NY 11215
  • 2 Units
  • 1 Unit for Sale
More about this Building
318 16th Street
Want to find out who owns 318 16th Street, Brooklyn, NY 11215? Get detailed property transactions here .

About South Brooklyn


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