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Park West

543 16th Street, Brooklyn, NY 11215
9 Units
Park West is a condo located 543 16th Street, in Windsor Terrace, Brooklyn. The building was first built in 2006 and is 18 years old. The lot that the building was built on is 50 feet wide and 100 feet long. The official lot area is listed as 5,000 square feet. The building itself is 50 feet wide and 86 feet long. In total, 543 16th Street has a total floor area of 8,617 square feet. Of that, 8,541 square feet are used for residential purposes. About 76 square feet of the building are used for commercial purposes. There are a total of 9 units. Of those, 6 are residential units. There are 3 commercial units. 543 16th Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 17 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 86 days Meaning, listings tend to sell at a median of $1,160 price per square foot. The transaction that took the longest to complete was unit 3F, listed on Oct 13, 2020 for $1,495,000. This particular unit ultimately sold 136 days later for $1,375,000. The most recent transaction was for unit 2R, which was first advertised on Apr 19, 2023, sold for $1,350,000 on Jul 12, 2023. Fun fact, the oldest transaction we have on record took place on Apr 04, 1966. See the full transaction history for Park West below.

Windsor Terrace, where 543 16th Street is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,350,000. For interested buyers, that means the building's median asking price is around 0.11% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Laundry

Washer / Dryer Allowed

Pet Policy

Dogs Allowed / Cats Allowed

Outdoor Space

Terrace

Building Style

Prewar

Ownership & Occupancy

Pied-à-Terre Allowed
This property description is generated based on publicly available data.

5 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230419 Unit 2R
04/19/2023
2R
2 Bed
2 Bath
1159 ft²
$1,298,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1159 ft²
$1,350,000 +4.01%
07/12/2023
Raymond Keller
Brown Harris Stevens Residential Sales LLC
20210307 Unit 2R
03/07/2021
2R
2 Bed
2 Bath
1159 ft²
$1,099,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1159 ft²
$1,345,000 +22.38%
06/01/2021
Courtney Smelter
Serhant LLC
20201013 Unit 3F
10/13/2020
3F
2 Bed
2 Bath
1204 ft²
$1,495,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1204 ft²
$1,375,000 -8.03%
02/26/2021
Nicholas Oliver
Hauseit LLC
20170421 Unit 1R
04/21/2017
1R
2 Bed
2.5 Bath
2188 ft²
$1,449,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2188 ft²
$1,475,440 +1.82%
08/03/2017
Tatiana Calvo
R New York
20170421 Unit 3R
04/21/2017
3R
2 Bed
2 Bath
1904 ft²
$1,199,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1904 ft²
$1,260,400 +5.12%
06/26/2017
Tatiana Calvo
R New York

Building Info

Overview

    General

  • Year Built: 2006
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 9
  • Residential Unit Count: 6
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 5,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 50
  • Building Depth: 86
  • Building Frontage: 50
  • Gross Building Area: 8,617

    Building Floor Area

  • Residential Building Floor Area: 8,541
  • Commercial Building Floor Area: 76
  • Storage Building Floor Area: 76

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: RD
  • Lot Type: 0
  • Land Use: 03
  • Irregular Lot Code: N

Neighborhood

  • Community District: 307
  • City Council District: 39
  • Police Precinct: 72
  • Fire Company: E240
  • Health Area: 4700
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1C
  • School District: 15

Zoning

  • Split Boundary Zone Indicator: Y
  • Zoning: R5B
  • Zoning District 2: R6A

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1107
  • Lot: 7501
  • Borough Block Lot: 3011077501

    Address

  • Full Address: 543 16 Street
  • Condominium Number: 1526
  • Zip Code: 11215

Valuation

    Assessments Valuation

  • Assessed Total Value: $525,675
  • Assessed Land Value: $34,157

    Exemptions

  • Exempt Total Value: $468,712
  • Exempt Land Value: $0

About South Brooklyn



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Frequently Asked Questions

What neighborhood is 543 16th Street located in?
The 543 16th Street is a condo located in the neighborhood of Windsor Terrace in South Brooklyn, Brooklyn.
What is the average sales price for listings in 543 16th Street?
The average sales price for units in 543 16th Street is $1,350,000 , or $1,160/sqft. currently.

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