Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
371 16th Street
Interested in this property?
Active For Sale Multi Family

$2,399,999

$1,408 per sq ft

371 16th Street

Park Slope, Brooklyn

MLS® #RLS20066881

RLS at REBNY

Listing by Keller Williams Realty Empire

4

Bedrooms

2.5

Baths

1,704

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3 full, 1 half
Living Area 1,704 sq ft
Lot Size 1,758 sq ft
Year Built 1901
Ownership None
Property Taxes $7,094/yr
Neighborhood Park Slope

Property Highlights

  • Outdoor Space: Patio
  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 2 Full, 1 Half
Pets Yes
Cross Street 7th Avenue/8th Avenue
Year Built 1901
Living Area 1,704 sq ft
Architectural Style Prewar,WalkUp
Structure Type MultiFamily
Lot Size 1,758 sq ft
Block/Lot 1104/0062

Listing History

Event Date Price Change
Listed Jun 21, 2025 $2,399,999 -
Currently May 4, 2026 $2,399,999 -

Description

Charming 2-Family Townhouse in Park Slope Brooklyn
Discover this classic two-family townhouse situated on a picturesque tree-lined block in the heart of Park Slope, one of Brooklyn's most sought-after neighborhoods for both lifestyle and investment.
Built in 1901 and offering 1,704 square feet of living space across two floors, this property blends historic charm with flexible functionality. Zoned R6B and set on a 1,767 sq ft lot, it presents a rare opportunity for Brooklyn buyers and real estate investors seeking value, potential, and location.
With two units, the layout allows for multiple uses — occupy one unit and rent the other or convert it into a single-family home (consult an architect for options).
Key Features:
Building Class: B9 - 2-Family Miscellaneous
Lot Dimensions: 17.67 x 100 ft
Zoning: R6B - Flexible development potential
Annual Taxes: $7,094
Projected Rent: $3200.00/month
Nestled near Prospect Park, this residence is a short distance to the F/G subway lines, local cafes, and the vibrant retail corridors of 7th and 8th Avenues. Enjoy the perfect mix of city convenience and neighborhood tranquility.
This is an ideal opportunity for buyers seeking a Brooklyn home with character and growth potential — or for investors looking for stable returns in a high-demand, low-supply area.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Private Outdoor Space Under60 Sqft Patio

Building Information

Building Data View Compliance & Permits
Stories 3
Structure MultiFamily
Style Prewar,WalkUp

Financial Details

RE Taxes $7,094/yr ($591/mo)

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

108

Median Asking Price

$1.62M

Median $/Sqft

$1,376

Avg Days on Market

N/A

New This Week

12

Price Reduced

17%

Sold (30 Days)

23

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/4/26, 6:44 AM EST

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Location

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371 16th Street, Park Slope, Kings County • Near 7th Avenue/8th Avenue

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $111,360
Land Value: $21,780
Exemptions: $0

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

Lot Area: 1,767 SF
Building Area: 1,704 SF
Built FAR: 0.96
Allowed FAR: 2

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 annual property tax is $7,094, or roughly $591 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,704 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

This listing is None

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

At the current list price of $2,399,999 for 1,704 sq ft, the asking price per square foot is approximately $1,408. 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: RLS20066881
First Listed: 1/14/2026
On Market: 6/21/2025
Price Changed: 1/14/2026
Contract Date: 1/2/2026

Listing Courtesy of Keller Williams Realty Empire - Peter Mancini

Listing Contact: 9179165126

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 5/4/2026 at 10:44 AM UTC

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