2723 West 16 Street Brooklyn, NY
$ 1,250,000
Property Attributes
  • MLS#444633
  • TypeMulti-Family
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodConey Island
  • Zip11224
  • StyleMulti-Family
  • Taxes4727
  • Price$ 1,250,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size3,750 SqFt
Listing Provided Courtesy Of:
Alexander Sasha Gurevich with eXp Realty BKNY
Property Description

Investors and Buyers - Your opportunity to own an extra-large 2 family, fully occupied with friendly, on-time paying tenants. Fully detached home with private parking and 3 garages in coney island. The home has been renovated less than 2 years ago and features 9 bedrooms, 4 full baths, room for 6 cars which included 3 detached garages, a large finished basement, updated plumbing and electric, front and rear yard with 3 separate garages. 1st floor is a large 4 bedroom, 2 full baths apartment. The 2nd-floor apartment has 4 bedrooms, 2 full baths, and a loft finished attic with an additional 3/4 bath. This property is M1-2 zoned. Located in a major redevelopment zone. Great for investors, builders, or users. Close to the beach, boardwalk & amusements. Recently approved NYC Ferry service. Close proximity to a major highway and Verrazzano bridge. Very low taxes. Lot: 40x118,75 Building: 28x40 Current rents: 3 garages: 875/month (10,500/year) 1st floor + basement: 3650/month 2nd floor: 2250/month Total rent roll: 6,775/month approximate expenses: taxes=394/m, insurance=200/m, gas=250/m, water=250/m NET INCOME is about: 5681+/month Present your offer today!

Price History
10/17/2020 Listed $1,250,000

General Features

# Families 2
Block 6996
Borough Brooklyn
Building Type Detached
Electric 220 V, Circuit Breakers
Flooring Laminate, Parquet
Lot Number 33
MLS Area Coney Island
Property Sub Type Multi-Family
Property Type Residential
Residential Features A/C Unit - Wall, Garage Door Opener(s), Refrigerator, Stove
Roof Pitched
Stories 2
Zoning M1-2

Interior Features

Basement Amenities Finished, Full
Building Amenities NONE
Full Baths 4
Heating Fuel Gas
Hot Water Gas
Three Quarter Bath 1

Exterior Features

Building Length 40.00
Building Width 28.00
Exterior Vinyl Siding
Foundation Poured Concrete
Lot Size Length 119
Lot Size Width 40
Lot Sq Ft 3750
Parking Attrib 1 Space, 2 Spaces, 3 Spaces, 4 Spaces, 5 Spaces, 6+ Spaces, Detached Garage
Yard Back, Front


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 11224

AVG $1.69M
AVG $10,504
AVG 14
AVG 69
Data Provided by Walkscore ® not using MLS data

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