7-Unit Apartment
For Sale
Contact for pricing
2860 W 16th Street, Brooklyn, NY 11224
Multifamily property with a mix of two-bedroom and one-bedroom apartments, including one currently vacant unit.
Property SizeContact for details
Days on Market27
Property Features for 2860 W 16th Street
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Coldwell Banker Advantage
Listed By:
Hiram Oquendo · License #NY 10401307928
Source:
Crexi
Added: Sep 9
Changed: Sep 24
Last Checked: Oct 5 at 7:31PM
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 seven-apartment multifamily property includes six two-bedroom units and one one-bedroom unit across a three-family and four-family configuration. The property is being offered in its current condition, with one apartment vacant and no current tenant lease in place for that unit.
The property is located in Coney Island, a few blocks from the Coney Island Boardwalk. It carries R6 zoning, and the source information identifies the zoning as suitable for consideration by developers planning additional vertical construction, subject to review with an architect. The property is offered for sale as-is.
The property is located in Coney Island, a few blocks from the Coney Island Boardwalk. It carries R6 zoning, and the source information identifies the zoning as suitable for consideration by developers planning additional vertical construction, subject to review with an architect. The property is offered for sale as-is.
Key Highlights
- Seven apartments configured as a three‑family and four‑family property
- Unit mix includes (6) 2BR and (1) 1BR
- One apartment is currently vacant with no tenant lease in place
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,939
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with a mix of two-bedroom and one-bedroom apartments, including one currently vacant unit.
Where is this apartment building located?
The property is located at 2860 W 16th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Seven apartments configured as a three‑family and four‑family property; Unit mix includes (6) 2BR and (1) 1BR; One apartment is currently vacant with no tenant lease in place
