475 16th St, Brooklyn, NY 11215

Building Details

Year Built

1920

Listing office p***@aol.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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Overview

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.

Suggested Use

Law Firm Hair Salon Parking Lot & Garage Nail Salon Accounting Firm Barber Shop Catering Service Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9798

Latitude

40.6604

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FAQs

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.