4801 16TH Avenue
MLS® #RLS20103070
Listing by Douglas Elliman Real Estate
1
Bedroom
1
Bath
1,600
Sq. Ft.
N/A
Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 10, 2026 | $2,800,000 | - |
| Currently | Jul 15, 2026 | $2,800,000 | - |
Description
Positioned on one of Borough Park's busiest and most prominent corner intersections, this approximately 1,600-square-foot mixed-use building presents a rare owner-user, investment, or redevelopment opportunity in one of Brooklyn's most established neighborhood retail corridors. Built in 1931, the property occupies a prime 20' x 40' corner lot with approximately 1,600 square feet of building area across two levels. Zoned R6/C1-3 with a maximum residential FAR of 2.4 and community facility FAR of 4.8, the site offers nearly 2,300 square feet of additional buildable area, presenting significant long-term value-add and development potential. Directly across from Chase Bank on McDonald Avenue, the property benefits from exceptional corner visibility, prominent frontage, and strong pedestrian and vehicular traffic. Surrounded by many of Borough Park's most established retailers, restaurants, cafes, synagogues, and neighborhood businesses, the location has long served as one of the community's most active commercial corridors, making it well-positioned for both retail and residential demand. The property is conveniently located near the F train at 18th Avenue, the D train at 55th Street, and multiple MTA bus routes, including the B8 and B11. It also offers easy access to the Gowanus Expressway (I-278) via McDonald Avenue and Ocean Parkway, providing convenient connectivity throughout Brooklyn, Manhattan, and beyond.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Borough Park
View All Borough Park ListingsBorough Park is a large residential neighborhood in southwestern Brooklyn defined by brownstone and brick rowhouses, multi-family walk-ups, and low-rise co-ops, with an active commercial corridor along 13th Avenue. The D and N trains serve the BMT West End and Sea Beach Lines respectively, while the F and G trains run along McDonald Avenue on the IND Culver Line. Prospect Park lies just northeast of the neighborhood, offering 585 acres of meadows, sports fields, and parkland.
Borough Park Live Market Data
View NeighborhoodActive Listings
3
Median Asking Price
$1.48M
Median $/Sqft
$785
Avg Days on Market
N/A
New This Week
1
Price Reduced
0%
Sold (30 Days)
0
Median Sale Price
$4.00M
Live data from RLS at REBNY • Updated 7/15/26, 2:04 AM EST
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Location
4801 16TH Avenue, Borough Park, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $11,940, or roughly $995 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 1,600 square feet. Verify dimensions independently during due diligence.
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 $2,800,000 for 1,600 sq ft, the asking price per square foot is approximately $1,750. 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Adam Jordan Gerber
Listing Contact: (516) 662-0692
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 Data display by Keller Williams NYC. Data last updated on 7/15/2026 at 6:04 AM UTC