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    Brooklyn Multifamily Investment Opportunity Title is generated by Realmo AI

    475 16th Street, Brooklyn, NY 11215

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    Claim this Listing
    For Sale
    $999,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    6,840 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $146/SF
    Added:
    Aug 6, 2025
    Days on Market:
    326
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 475 16th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R8B
    Bedrooms
    16
    Bathrooms
    8
    Rooms
    Bedroom 11, Bathroom 5, Bedroom 8, Bedroom 9, Bedroom 10, Bathroom 7, Bedroom 12, Bedroom 6, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 15, Bedroom 7, Bathroom 6, Bathroom 8, Bedroom 16, Bedroom 2, Bedroom 13, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 14, Bedroom 4, Bathroom 2
    Basement
    Unfinished, Full
    Standard status
    Active
    Size
    6,840 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Annual Amount
    23338

    Building Details

    Year built
    1920
    Number of units
    8
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Contact an agent
    Robert Tracey

    Listing agent Robert Tracey License #TRART8436

    Listing office Tracey Real Estate 3619 Ave S, Brooklyn, NY

    Listing date Aug 6, 2025

    MLS# 494825 Listing URL

    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

    • Built in 1920 with brick construction
    • Hardwood flooring and flat roof
    • Update: new boiler installed 11/2025
    • 11 bedrooms and 5 bathrooms listed among the room count
    • Investor‑focused with low rents; only 1 unit is rent controlled
    • Sold "AS IS"

    Overview

    Located in Windsor Terrace, Brooklyn, this multifamily property presents an investment opportunity near Prospect Park and Farrell's Bar. The property has low rents, with only one unit under rent control. A new boiler was installed in November 2025. The property, sold in "AS IS" condition, offers growth and development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.979797
    Latitude
    40.660305

    FAQs

    What type of property is this?
    Apartment building - Multifamily property in prime Windsor Terrace location near Prospect Park.
    Where is this apartment building located?
    The property is located at 475 16th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Built in 1920 with brick construction; Hardwood flooring and flat roof; Update: new boiler installed 11/2025
    More about this property
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