$1,750,000
93 16th Street
MLS® #RLS10038732
Listing by The Corcoran Group
6
Bedrooms
3
Baths
N/A
Sq. Ft.
2003
Year Built
Quick Summary
Property Highlights
- Location: Park Slope, Brooklyn
- Property Type: Multi Family
- Built: 2003
Property Details
Description
This thoughtfully laid-out and well-constructed building was built from the ground up in 2003, and provides an excellent opportunity for either an investor, with an attractive 5% cap rate, or for an owner looking for a profitable live/invest option. The all brick building features three separate units, each with their own exterior entrance, in-unit W/D, and outdoor spaces to attract good rental income, as well as separate boilers, hot water heaters, and gas and electrical meters, to keep overhead extremely low.
On the first floor, a 1200 sqft two bedroom, one and a half bath apartment makes an ideal owner's duplex to enjoy while still benefiting from approximately $5000 in rental income from the two floor-through, two bed, one bath apartments above. Or rent this unit as well for an additional $3500, and a total monthly rent roll of $8500. The duplex includes a 300 sqft rec room with a half bath and excellent closet space, that could be used as a master bedroom suite, playroom, or den. This apartment also features direct access to both the backyard and additional basement storage and laundry, which could be designated as private spaces for the duplex apartment's sole use. Alternatively, as the basement can also be directly accessed from its own entrance at the front of the building, both the basement storage and backyard (which can also be accessed from the basement) could be made either fully or partially common for all units. Every apartment features mint condition hardwood floors, dimmer controlled recessed lighting, an attractive bay window in the living room, Anderson windows and doors throughout and great closet space.
The location on 16th Street just off booming 4th Avenue, is only one block from the subway, with a new supermarket coming to the corner as a part of the new residential building going up. Neighborhood favorites such as A&E Supply, Lowlands, Surfish, Black Horse Pub, Sidecar, Prospect Grill, Jake's Handcrafted, Buttermilk, Sandy's Cafe and Le French Tart are all within a two block radius, making this a lovely place to live, and with all the new construction taking place, an excellent place to invest!
Building Information
About Park Slope
View All Park Slope ListingsPark 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 NeighborhoodActive Listings
88
Median Asking Price
$1.71M
Median $/Sqft
$1,435
Avg Days on Market
N/A
New This Week
3
Price Reduced
15%
Sold (30 Days)
20
Median Sale Price
$1.67M
Live data from RLS at REBNY • Updated 4/6/26, 9:37 PM EST
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Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
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Map & Location
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Listing Courtesy of The Corcoran Group - Bridget Applegate
Listing Contact: (917) 826-2273
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.
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RLS Data display by Keller Williams NYC. Data last updated on 4/7/2026 at 1:37 AM UTC