Seven-Unit Apartment
For Sale
Contact for pricing
2860-2864 W 16 Street, Brooklyn, NY 11224
R6-zoned multifamily property with a seven-apartment configuration and a two-bedroom-heavy unit mix.
Property Size7,096 SF
Price / SF$281.85
Days on Market255
Property Features for 2860-2864 W 16 Street
General Information
Standard status
Active
Size
7,096 SF
Property subtype
Business for Sale, Multifamily
Zoning
R6
Net Operating Income
$30,500
Units
Unit Mix
6 x 2BR, 1 x 1BR
Multifamily Units
7
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Coldwell Banker Advantage
Listed By:
Hiram Oquendo · License #NY 10401307928
Source:
Crexi
Added: Dec 19, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:03PM
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 Coldwell Banker Advantage
Investment Insights
Based on property information with market context.
This multifamily property contains seven apartments across a 7,096-square-foot building constructed in 1920. The unit mix includes six two-bedroom apartments and one one-bedroom apartment. The property is being offered in its current AS IS condition and includes one vacant apartment.
Located in Coney Island at 2860-2864 W 16 Street, the building carries R6 zoning. The configuration includes separate three-family and four-family components, providing a total of seven residential units within the property.
Located in Coney Island at 2860-2864 W 16 Street, the building carries R6 zoning. The configuration includes separate three-family and four-family components, providing a total of seven residential units within the property.
Key Highlights
- Seven apartments totaling 7,096 square feet
- Unit mix includes 6 two‑bedroom apartments and 1 one‑bedroom apartment
- R6 zoning
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,939
Businesses Nearby
Explore this area
Business Placement
Demographics for 11224, NY
46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - R6-zoned multifamily property with a seven-apartment configuration and a two-bedroom-heavy unit mix.
Where is this apartment building located?
The property is located at 2860-2864 W 16 Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Seven apartments totaling 7,096 square feet; Unit mix includes 6 two‑bedroom apartments and 1 one‑bedroom apartment; R6 zoning
