Residential Income Property with
For Sale
$1,575,000
245 16TH Street 3, Brooklyn, NY 11215
Renovated two-bedroom residence with private balconies, a garden, in-unit laundry, and split-system air conditioning.
Property Size1,139 SF
Price / SF$1,382
Days on Market8
Property Features for 245 16TH Street 3
General Information
Standard status
Active
Size
1,139 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
private garden
private balconies
floor-to-ceiling windows
open kitchen
stainless steel appliances
in-unit washer/dryer
split-system air conditioning
Building Details
Building Size
1,139 SF
Year Built
2005
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Joseph Tesoriero · License #10401385892
(718) 300-0504
Source:
Penrealty
Added: Sep 3
Changed: Sep 9
Last Checked: Sep 9 at 7:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This renovated residential income property offers a two-bedroom, two-bathroom layout with 1,139 square feet of interior space. The living and dining area features south- and west-facing floor-to-ceiling windows, while the open kitchen includes stainless steel appliances, extensive cabinetry, storage, and a quartz island with seating space. Both bedrooms accommodate king-size beds, and the primary suite includes a private bathroom, walk-in closet, balcony access, and entry to the garden. An additional full bathroom, in-unit washer/dryer, and split-system air conditioning complete the residence.
Outdoor space is a defining feature, with multiple private balconies and an approximately 450-square-foot garden suitable for seating, dining, and entertaining. The property is located in South Slope, Brooklyn, and was built in 2005. A tax abatement is currently in place through 2033.
Outdoor space is a defining feature, with multiple private balconies and an approximately 450-square-foot garden suitable for seating, dining, and entertaining. The property is located in South Slope, Brooklyn, and was built in 2005. A tax abatement is currently in place through 2033.
Key Highlights
- Approximately 450‑square‑foot private garden
- Two bedrooms and two full bathrooms
- Multiple private balconies with indoor‑outdoor access
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
6,625
Businesses Nearby
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Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated two-bedroom residence with private balconies, a garden, in-unit laundry, and split-system air conditioning.
Where is this residential income property located?
The property is located at 245 16TH Street 3 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Approximately 450‑square‑foot private garden; Two bedrooms and two full bathrooms; Multiple private balconies with indoor‑outdoor access
