Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $565,000

Listed at $575,000 · Sold 1.7% below asking · Closed September 23, 2022

16-20 Melrose Street #20-4F
Closed For Sale Condo

$575,000

$1,150 per sq ft

16-20 Melrose Street #20-4F

Bushwick, Brooklyn

The Melrose

MLS® #RLS10930803

RLS at REBNY

Listing by Serhant LLC

1

Bedroom

1

Bath

500

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 500 sq ft
Lot Size 2,680 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $132/mo
Property Taxes $4,932/yr
Neighborhood Bushwick
Floor 4 of 4

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 4 of 4
View City
Exposure North,West
Cooling Central Air
Pets Yes
Year Built 2021 (New)
Living Area 500 sq ft
Structure Type None
Furnished Unfurnished
Lot Size 2,680 sq ft
Block/Lot 03160/0008

Listing History

Event Date Price Change
Listed Apr 21, 2022 $575,000 -
Currently May 18, 2026 $575,000 -

Description

Introducing this brand new Bushwick condominium suffused with natural light, a chic 1-bedroom, 1-bathroom home graced with statement finishes that exude luxury and style. Features of this 500 sq. ft. apartment include polished concrete floors, floor-to-ceiling windows, an in-unit washer/dryer, and a stunning Juliet balcony that spans the entire width of the home. The home opens into a sun-splashed living, dining, and kitchen space. The kitchen is equipped with an eat-in peninsula, polished Caesarstone countertops, a matching backsplash, a built-in exhaust hood with custom paneling, an antique copper faucet from Brienza, and high-end stainless steel appliances from Fisher & Paykel and Blomberg. The bedroom has a pair of large closets, and the bathroom is adorned with Calacatta marble floors, a custom vanity with a vessel sink, and an elegant copper tile accent wall. A large storage closet finishes the home. The Melrose is boutique condominium made up of a trio of contiguous buildings with imported Greek Aluminco facades. Residents of The Melrose enjoy an open rooftop terrace with lovely neighborhood views. Located at the nexus of Bushwick and Bed-Stuy, The Melrose is just moments from a variety of restaurants, bars, cafes, and shops and around the corner from the M/J/Z subway lines.

Features & Amenities

Interior Features

In Unit

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Financial Details

Common Charges $132/mo
RE Taxes $4,932/yr ($411/mo)
Sale Price $565,000

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

127

Median Asking Price

$949K

Median $/Sqft

$930

Avg Days on Market

N/A

New This Week

7

Price Reduced

25%

Sold (30 Days)

2

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 5/18/26, 7:31 AM EST

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Location

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16-20 Melrose Street #20-4F, Bushwick, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2018
Year Built
8 years old
4
Floors
18
Residential Units
R6
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,761,300
Land Value: $242,100
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,672 SF
Building Area: 14,320 SF
Built FAR: 2.15
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $132 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,932, or roughly $411 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $575,000 for 500 sq ft, the asking price per square foot is approximately $1,150. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10930803
First Listed: 4/25/2022
On Market: 4/21/2022
Price Changed: 4/25/2022
Closed: 9/23/2022
Contract Date: 4/21/2022

Listing Courtesy of Serhant LLC - Jason Baker

Listing Contact: (850) 321-2288

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 11:31 AM UTC

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