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    8839 16Th Ave Brooklyn, NY 11214

    For Sale
    $1,825,000

    Well-maintained, vacant, three-family home in a desirable Brooklyn neighborhood.

    Lot size:
    0.03 Acres

    Property Features for 8839 16Th Ave

    General Information

    Lot size
    0.03 Acres

    Source: Ashford Homes LLC Agent Hui Jia (Vivian) Luo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Three-Family Corner Brick Home

    This well-maintained, semi-detached, three-family corner brick home is suitable for investors or multi-generational living. Located in a desirable neighborhood, the property features two 2-bedroom units and a studio unit. Each unit includes bright, airy living spaces, ample bedrooms, and updated kitchens and bathrooms. The property sits on a generously sized lot with a private garage, additional driveway parking, and a side yard. The semi-detached structure provides extra windows, natural light, and added privacy. The property is located close to public transportation, including an express bus to Manhattan, as well as schools, shops, and parks. The property will be delivered vacant.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.012033
    Latitude
    40.605191

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    FAQs

    What type of property is this?
    Multifamily property - Well-maintained, vacant, three-family home in a desirable Brooklyn neighborhood.
    Where is this multifamily property located?
    The property is located at 8839 16Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - Delivered Vacant: Ready for immediate occupancy or rental income generation.; - 3-Family Home: Ideal for investors or multi-generational living with income potential.; - Corner Lot: Enjoy extra windows, natural light, and added privacy.
    (929) 364-1301
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    Brooklyn, NY 11214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8839 16Th Ave Brooklyn, NY 11214
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