Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,885,000

· Closed August 15, 2024

16 Park Place
Looking for something similar?
Closed For Sale Multi Family

$2,885,000

$801 per sq ft

16 Park Place

Park Slope, Brooklyn

MLS® #RLS10981669

RLS at REBNY

Listing by Compass

5

Bedrooms

3

Baths

3,600

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 3,600 sq ft
Year Built 1901
Ownership None
Property Taxes $9,672/yr
Neighborhood Park Slope
Floor 1 of 3

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Balcony
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 3 Full
Floor 1 of 3
Exposure North,South
Pets CatsOk, DogsOk
Year Built 1901
Living Area 3,600 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 00941-0014
Block/Lot 00941/14

Description

** PROPERTY NEEDS TLC, BRING YOUR ARCHITECT** Welcome to 16 Park Place, an ideally located 20 foot wide 3 family townhouse. The current set up is a floor through 1 bedroom on the garden, a floor through 1 bedroom on the parlor, and a 3 bedroom duplex with a private terrace on the top two floors. The house works perfectly for an investor looking to expand their portfolio, or an end user looking for a project to create their perfect North Slope townhouse. The garden floor has a private entrance under the stoop. A hallway leads you to the living space which is large and open to the kitchen. The kitchen has butcher block countertops, stainless steel appliances and lots of cabinet storage space. It also leads out the backyard which has a wooden patio and measures 20x34 feet. The bedroom is king sized and is located at the front of the apartment. Access to the basement is in this apartment. The parlor floor apartment is entered into from the vestibule up the stoop. With ceilings that measure over 11 feet, the light is abundant and the feeling is grand. The kitchen is at the back of the apartment and has recently been renovated. It also has windows that overlook the backyard. From the vestibule is the entrance to the top floor duplex. A large eat in kitchen leads out to the private terrace, a rare set up for a third floor apartment. The front of the apartment has a grand living room with three large windows with views of Downtown Brooklyn. There is also a perfect office nook off of the living room. Upstairs there are two large bedrooms and two classic 1 window townhouse bedrooms. Located in the bustling North Slope, just up from 5th Avenue which Timeout just voted as NYC’s coolest street. Train access couldn't be better with Atlantic Terminal a few blocks away. Prospect Park is a short distance away as well. 16 Park Place has been maintained by the same owner for the last 40 years. Please call for more information.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Balcony Balcony

Building Information

Total Units 3
Stories 3
Structure MultiFamily

Financial Details

RE Taxes $9,672/yr ($806/mo)
Original Price $3,300,000
Sale Price $2,885,000
Previous Price $2,995,000

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

89

Median Asking Price

$1.75M

Median $/Sqft

$1,435

Avg Days on Market

N/A

New This Week

13

Price Reduced

12%

Sold (30 Days)

22

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 3/26/26, 4:48 AM EST

Similar Listings in Park Slope

View All

Location

Loading map...

16 Park Place, Park Slope, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS10981669
First Listed: 5/6/2024
On Market: 5/6/2024
Price Changed: 8/16/2024
Closed: 8/15/2024
Contract Date: 1/10/2024

Listing Courtesy of Compass - Joseph Ryan

Listing Contact: (718) 399-4103

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 3/26/2026 at 8:48 AM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton