Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,230,000

· Closed September 5, 2022

245 16TH Street #3
Closed For Sale Condo

$1,230,000

$1,080 per sq ft

245 16TH Street #3

Park Slope, Brooklyn

MLS® #RLS10811288

RLS at REBNY

Listing by Serhant

2

Bedrooms

2

Baths

1,139

Sq. Ft.

2005

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,139 sq ft
Lot Size 2,500 sq ft
Year Built 2005
Ownership Condo
HOA/Common Charges $344/mo
Property Taxes $240/yr
Neighborhood Park Slope
Floor 2 of 4

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 2 of 4
Exposure North,South
Pets Yes
Year Built 2005
Living Area 1,139 sq ft
Lot Size 2,500 sq ft
Parcel # 01048-1203

Listing History

Event Date Price Change
Listed May 23, 2022 $1,395,000 -
Price Reduced Sep 5, 2022 $1,295,000 -7.2%
Currently Apr 25, 2026 $1,230,000 -5.0%

Description

This has to be the best two bedroom unit on the market in South Slope! One flight up and you're entering this amazing home which has been fully renovated including a sleek kitchen with new stainless steel appliances, tons of cabinet space and a modern grey counter which extends perfectly for bar seating. The living and dining room faces south, letting great light pour in all day long, plus, there is access to the first of two private outdoor spaces. Head down the hallway toward a renovated bathroom, walk-in closet, large second bedroom, washer/dryer and primary suite with another gorgeous bathroom that includes a stall shower. Leave the primary and enter your private garden oasis. This 450 square foot space is a wonderful chance to enjoy the outdoors and entertain. You'll be the envy of all your friends. Plus, with a tax abatement through 2033, you'll be spending next to nothing on taxes for a long time!!!

Features & Amenities

Exterior Features

Balcony Balcony

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $344/mo
RE Taxes $240/yr ($20/mo)
Original Price $1,395,000
Sale Price $1,230,000
Previous Price $1,295,000

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

110

Median Asking Price

$1.70M

Median $/Sqft

$1,376

Avg Days on Market

N/A

New This Week

15

Price Reduced

16%

Sold (30 Days)

23

Median Sale Price

$1.66M

Live data from RLS at REBNY • Updated 4/25/26, 6:43 AM EST

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Location

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245 16TH Street #3, Park Slope, Kings County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2005
Year Built
21 years old
4
Floors
6
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,516,048
Land Value: $68,848
Exemptions: $1,505,889

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,500 SF
Building Area: 6,940 SF
Built FAR: 2.78
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $344 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $240, or roughly $20 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,139 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2005, making it approximately 21 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,230,000 for 1,139 sq ft, the asking price per square foot is approximately $1,080. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10811288
First Listed: 5/23/2022
Price Changed: 9/5/2022
Closed: 9/5/2022
Contract Date: 5/23/2022

Listing Courtesy of Serhant - Andrew Klima

Listing Contact: (716) 725-9136

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/25/2026 at 10:43 AM UTC

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