** PROPERTY NEEDS TLC, BRING YOUR ARCHITECT** Welcome to 16 Park Place, an ideally located 20 foot wide 3 family townhouse. The current set up is a floor through 1 bedroom on the garden, a floor through 1 bedroom on the parlor, and a 3 bedroom duplex with a private terrace on the top two floors. The house works perfectly for an investor looking to expand their portfolio, or an end user looking for a project to create their perfect North Slope townhouse. The garden floor has a private entrance under the stoop. A hallway leads you to the living space which is large and open to the kitchen. The kitchen has butcher block countertops, stainless steel appliances and lots of cabinet storage space. It also leads out the backyard which has a wooden patio and measures 20x34 feet. The bedroom is king sized and is located at the front of the apartment. Access to the basement is in this apartment. The parlor floor apartment is entered into from the vestibule up the stoop. With ceilings that measure over 11 feet, the light is abundant and the feeling is grand. The kitchen is at the back of the apartment and has recently been renovated. It also has windows that overlook the backyard. From the vestibule is the entrance to the top floor duplex. A large eat in kitchen leads out to the private terrace, a rare set up for a third floor apartment. The front of the apartment has a grand living room with three large windows with views of Downtown Brooklyn. There is also a perfect office nook off of the living room. Upstairs there are two large bedrooms and two classic 1 window townhouse bedrooms. Located in the bustling North Slope, just up from 5th Avenue which Timeout just voted as NYC’s coolest street. Train access couldn't be better with Atlantic Terminal a few blocks away. Prospect Park is a short distance away as well. 16 Park Place has been maintained by the same owner for the last 40 years. Please call for more information.
Property Details
Property Features
Property Information:
Year Built: 1901
Living Area: 3,600 SqFt
Listing Office:
Office Name: Compass
Office Phone: (212) 913-9058
Listing Agent: Joseph Ryan
Agent Phone: (718) 399-4103
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Exterior: Balcony
Parking Information:
Attached Garage: No
Price Information
Listing Price Info
Price Summary:
List Price: $2,995,000
Price Per SqFt: $832/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 5/31/2024, 11:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,046
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
PS 133 William A Butler
610 Baltic St
Distance between this listing and this school0.15 miles
Public District Grades PK-5
6
/10
PS 38 The Pacific
450 Pacific St
Distance between this listing and this school0.47 miles
Public District Grades PK-5
10
/10
PS 321 William Penn
180 7th Ave
Distance between this listing and this school0.52 miles
Public District Grades KG-5
Nearby Schools
7
/10
Middle School 266 Park Place Community Middle School
62 Park Pl
Distance between this listing and this school0.07 miles
Public District Grades 6-8
7
/10
PS 282 Park Slope
180 6th Ave
Distance between this listing and this school0.18 miles
Public District Grades PK-8
7
/10
Math and Science Exploratory School (The)
345 Dean St
Distance between this listing and this school0.34 miles
Public District Grades 6-8
Nearby Schools
5
/10
Brooklyn High School of The Arts
345 Dean St
Distance between this listing and this school0.34 miles
Public District Grades 9-12
2
/10
Khalil Gibran International Academy
326 Schermerhorn St
Distance between this listing and this school0.58 miles
Public District Grades 9-10
8
/10
Achievement First Endeavor Charter School
510 Waverly Ave
Distance between this listing and this school0.66 miles
The neighbors living near this home have an average income of $69,355. Most New York, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 16 Park Place in New York City, NY and zip code 11217 in the South Brooklyn neighborhood. This 3,600 square foot home was built in 1901. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $2,995,000.
While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. In April 2024 in New York, NY there were 3.8% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $849,191, while the average time on the real estate market was 96 days.
From Rocket Homes Real Estate and based on county public records data.