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Two-Bedroom Residential Income Property
For Sale
$1,195,000

251 16th Street 3B, Brooklyn, NY 11215

Two-bedroom condominium with a practical layout, building security, and access to neighborhood retail, dining, transit, and community amenities.

Property Size910 SF
Price / SF$1,313
Days on Market9

Property Features for 251 16th Street 3B

General Information

Standard status Active
Size 910 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,898

Amenities

video intercom
security system

Building Details

Building Size 910 SF
Year Built 2003
Buildings 1
Stories 4
Listing Agency: Compass
Listed By: David Chang · License #10301206613
Source: Penrealty
Added: Sep 17 Changed: Sep 23 Last Checked: Sep 24 at 6:09PM

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 Compass

Investment Insights

Based on property information with market context.

Residence 3B is a 910-square-foot condominium with two bedrooms and one bathroom. The interior includes distinct living and dining areas, with a floor plan that separates the sleeping quarters from the main gathering spaces. Built in 2003, the property is part of a four-story condominium building containing eight residences. Building features include a video intercom and security system, while private storage is available for rent.

The property is located at 251 16th Street in Brooklyn, near the Park Slope and South Slope border. Fifth Avenue provides nearby restaurants, cafes, bakeries, bars, shops, and daily conveniences, with additional dining and retail along Seventh Avenue. The Park Slope Armory YMCA, local playgrounds, F, G, and R subway service, and multiple bus routes are also nearby.

Key Highlights

  • 910 SF two‑bedroom, one‑bathroom condominium
  • Built in 2003 within an eight‑residence, four‑story condominium building
  • Separate living and dining areas with two bedrooms

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Hair Salon Barber Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

6,628
Businesses Nearby

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 - Two-bedroom condominium with a practical layout, building security, and access to neighborhood retail, dining, transit, and community amenities.
Where is this residential income property located?
The property is located at 251 16th Street 3B Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 910 SF two‑bedroom, one‑bathroom condominium; Built in 2003 within an eight‑residence, four‑story condominium building; Separate living and dining areas with two bedrooms
More about this property
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