1 month on rocket

318 16th St, New York City, NY, 11215

$2,350,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,600 SqFt
$904/SqFt
Townhouse
Schools Nearby

Location

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318 16th St, New York$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
Year Built1901
CoolingOther
FireplaceStone
ViewOther
MLS #RPLU-33422882453
StatusActive

About 318 16th St

Incredible opportunity to own an entire townhouse less than two blocks from Prospect Park for less than the price of a condo! This charming brick 3-story home sits on a quiet and leafy green block between 7th and 8th avenues with amazing Park Slope amenities in every direction. Enjoy world-class dining, amenities, the Greenmarket, Nitehawk Cinema, schools and transportation (F/G/R trains), and of course, the crown Jewel of Brooklyn, the Olmstead designed Prospect Park a block and a half away. This home is ready for you to move into today and has been lovingly maintained and updated by its current owners. Currently configured as a two-family home with an owner's garden duplex (plus finished basement with a home gym and storage), and a sunny one-bedroom rental on the top floor, this home is easily used as a 1-family with very minimal work (literally open up a door between the upper two floors). Live comfortably on the lower two floors and use the rental to help with your mortgage payments OR open the door and enjoy 5 bedrooms, 2.5 baths for just yourself.<br><br>Enter under the stoop into a surprisingly large garden level that flows into a South-facing backyard. The living is easy on this floor with a sunny and modern eat-in kitchen in the<br>back. Enjoy cooking and dining under a large skylight that brings light in all day long. The kitchen has been outfitted with a suite of birch cabinets that also include pull-up glass-fronted pantries, black galaxy granite countertops, Bosch gas range, Bosch DW and a large Samsung French door fridge. A dining area easily fits into the space, as does a clever office nook if you enjoy working while cooking. Oversized windows overlook a garden that includes a bluestone patio near the house, plus an elegant serpentine-shaped brick wall perfectly framing a multitude of perennial plantings that include evergreens, birch trees, azalea bushes, and a dogwood tree. You will forget that you are in the city with this view! The front of this floor faces a picturesque block and offers a spacious living room with your very own working woodburning fireplace with an exposed-brick mantle. Enjoy a powder room that also includes a laundry station with a side-by-side full-sized LG washer and dryer and cabinetry to organize all your cleaning necessities.<br><br>Head upstairs to two large bedrooms, a spacious home office currently being used as a capacious dressing room, and a windowed bathroom. The south-facing Primary bedroom offers fantastic light and the closet of your dreams, fully outfitted with shelving, drawers and hanging space. A windowed Jack and Jill bathroom is shared by both bedrooms on this level and enjoys white subway tile paired with blue glass mosaics. The top floor is flooded with sun all day and feels like a treehouse with its skyline views. Recently renovated as a spacious one-bedroom apartment with its own separate entrance at the top of the stoop, this is a money-making rental unit should you want help paying your monthly bills. If you need more bedrooms, just remove the kitchen and enjoy three additional spacious bedrooms on this floor, plus a full bath, or add a second bathroom. You could even transform this light-infused haven into an incredible Primary suite and home office with minimal expense. A classic black and white mosaic bathroom has already been recently renovated and needs nothing. The charming kitchen is also in great shape and could be transformed into a wet bar by keeping the new white cabinets in place. And don't miss a second laundry closet on this floor with a full-sized vented gas washer and dryer close to all the bedrooms, or for the use of your tenant.<br><br>This wonderful home awaits your personal touches, or move in as-is today and live comfortably in Park Slope with every great amenity at your doorstep. Green space, schools,<br>restaurants and amenities abound in every direction, and enjoy more space for less money than any of the surrounding condos. Super low taxes of only $444 per month!

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Deborah Rieders
  • Agent Phone: (917) 494-2503

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
  • Price Per SqFt: $904/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

318 16th St vs New York

34 DAYS ON ROCKET

-62 Days

$2,350,000

+$1.5M More

$904/SqFt

+$267 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $267/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422882453

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Deborah Rieders
  • Agent Phone: (917) 494-2503

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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: 4/28/2024, 10:25:17 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

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

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.

Nearby Schools

school-card-donut-2680871
8
/10
  • Magnet School of Math, Science & Design Tech

  • 511 7th Ave

  • 0.11 miles

  • Public Magnet Grades KG-5

school-card-donut-2680872
7
/10
  • PS 107 John W Kimball

  • 1301 8th Ave

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-2680873
7
/10
  • PS 295

  • 330 18th St

  • 0.25 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,919. The most common annual income of people living in New York, NY is between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 318 16th St

What is the listing price of this property?

The listing price of 318 16th St property is $2,350,000.

What type of property is this?

The property 318 16th St is a townhouse located in New York City, New York, 11215.

Is this property for sale now?

Active Listing: 318 16th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 318 16th St has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 318 16th St is 2,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 318 16th St is 1901.

Rocket HomesNew YorkKings CountyNew York11215318 16th St

This home is located at 318 16th St in New York City, NY and zip code 11215 in the South Brooklyn neighborhood. This 2,600 square foot home was built in 1901. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $2,350,000.

In March 2024, from all listings sold in New York, NY there were more than 154 sold above asking price, over 748 sold below and more than 645 were sold right at the asked price. The inventory of homes for sale in New York, NY between February 2024 and March 2024 increased by 3.7%. In March 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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