2572 W 16th Street, Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
- Added:
- Dec 24, 2024
- Days on Market:
- 533
- Last Refresh:
- Jun 10 at 9:06 am
Property Features for 2572 W 16th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 9, Bathroom 4, Bedroom 8, Bedroom 5, Bedroom 1
- Interior features
- Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 6,348 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20841
Building Details
- Year built
- 1995
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Emily Hui Chen-Liang (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Dec 24, 2024
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully detached 3‑family home built in 1995 with brick construction and flat roof
- Building size 31' x 55' on a 40' x 100' lot
- Private driveway with parking capacity for up to 5 cars
- Layout features 3 bedrooms over 3 bedrooms over 3 bedrooms and 3 1/2 bathrooms
- Three separate heating systems and A/C for all 3 units
- Tile flooring; includes refrigerator and stove; laundry room and boiler room; back yard has a built‑in dry well
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $259.0k | $40.80 |
| − Vacancy | −$11.7k | −$1.84 |
| EGI | $247.3k | $38.96 |
| − OpEx | −$74.2k | −$11.69 |
| NOI | $173.1k | $27.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.985292
- Latitude
- 40.585007
