Windsor Terrace Multifamily Investment
For Sale
$999,000
475 16th St, Brooklyn, NY 11215
Multifamily property in prime Windsor Terrace location near Prospect Park.
Property Size6,840 SF
Lot Size0.07 Acres
Days on Market165
Property Features for 475 16th St
General Information
Standard status
Active
Size
6,840 SF
Lot size
0.07 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$23,338
Building Details
Building Size
6,840 SF
Year Built
1920
Listing Agency:
Tracey Real Estate
(718) 376-4994
Listed By:
Paul Link · License #LINUL8404
(718) 376-4994
Source:
Elliman
Added: Mar 11
Changed: Aug 13
Last Checked: Aug 21 at 8:47AM
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 Tracey Real Estate
Investment Insights
Based on property information with market context.
Located in Windsor Terrace, this multifamily property presents an investment opportunity near Prospect Park and Farrell's Bar. The property features low rents, with only one unit under rent control. The property is being sold in "AS IS" condition. A new boiler was installed in November 2025. The property offers growth and development potential.
Key Highlights
- Prime location minutes from Prospect Park and Windsor Terrace attractions.
- New Boiler installed 11/2025.
- Unlimited growth and development potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,427
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property in prime Windsor Terrace location near Prospect Park.
Where is this multifamily property located?
The property is located at 475 16th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Prime location minutes from Prospect Park and Windsor Terrace attractions.; New Boiler installed 11/2025.; Unlimited growth and development potential.
