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573 16th Street
About This Property
As you enter the oversized living room through the arts and crafts style doors, your eye is drawn to a stunning period cast-iron, forged fireplace hood and surround. The living room flows beautifully into the dining room, which features decorative molding, and a unique original leaded-glass china cabinet flanking a built-in bench. Period inlaid, parquet flooring, graceful columns and unpainted trim extend throughout the living spaces. The kitchen features a 1/2 bathroom and access to an enclosed sunroom, perfect for your morning coffee. The backyard is easily accessible from a sliding glass door in the sunroom and is a perfect canvas for any gardener.
Ascend the graceful staircase to the second floor where there are 4 bedrooms - two larger and two smaller, all with high ceilings, period moldings and inlaid flooring. The bedrooms on the front of the house feature updated casement windows. Built-in office cabinetry is installed in one of the smaller bedrooms. Two skylights, one above the hall and one in the full bathroom bring abundant natural light in. The full bathroom features a combination tub/shower.
The windowed basement is a perfect family room, gym, office and/or guest room. A full bathroom and direct access to the street make this space very versatile and ready to be designed for your own needs.
573 16th St is the quintessential Brooklyn townhouse located on an idyllic block of Windsor Terrace. With Prospect Park just 1 block away, you have endless destinations to explore. The F/G train is just up the block. With neighborhood favorites such as Ladybird bakery, the Nighthawk cinema, Krupa and the Double Windsor, you'll never have a shortage of great food, drink and entertainment.
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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 21, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by Compass | $2,900,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017