Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 8/27/2025 for $1,600,000

Interested in this property?
Closed For Sale Multi Family

$1,600,000

$847 per sq ft

87 16th Street

Gowanus, Brooklyn

MLS® #RLS11031756

RLS at REBNY

Listing by Compass

4

Bedrooms

3

Baths

1,890

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Living Area 1,890 sq ft
Year Built 1899
Ownership None
Property Taxes $3,600/yr
Neighborhood Gowanus
Floor 1 of 2

Property Highlights

  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 3 Full
Floor 1 of 2
Pets Yes
Year Built 1899
Living Area 1,890 sq ft
Structure Type MultiFamily,Townhouse
Furnished Unfurnished
Parcel # 01046-0064
Block/Lot 01046/64

Description

Located on a quiet tree lined street, this sun filled two family brick townhouse in South Slope/Gowanus has had a single owner for 25 years. This home is currently set up as an owners' duplex featuring 3 Brs, 2 Ba, EIK with skylight, W/D, abundant closet and storage space and hardwood floors throughout. Outdoor space includes a private deck ,the option for a roof garden, and shares the large back yard with an income producing one bedroom below. Built in 1999, and meticulously maintained, this home has a layout full of possibilities. Rooms can be reconfigured or enlarged, walls can easily be opened or moved, and you could have the roof garden you've always dreamed of creating. This home offers an exceptional opportunity for savvy buyers looking to invest in one of Brooklyn’s most sought-after areas. At the crossroads of South Slope and Gowanus, just two blocks from the R train and near the F and G lines, commuting to downtown Brooklyn or Manhattan is effortless. Gowanus is known for its acclaimed dining scene, vibrant nightlife, and cultural hotspots, with Prospect Park, and some of Brooklyn's finest eateries nearby. If the new owner would prefer, the building can be delivered vacant.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Total Units 2
Stories 2
Structure MultiFamily,Townhouse

Financial Details

RE Taxes $3,600/yr ($300/mo)
Original Price $1,899,999
Sale Price $1,600,000
Previous Price $1,675,000

Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.

Gowanus Live Market Data

View Neighborhood

Active Listings

7

Median Asking Price

$1.68M

Median $/Sqft

$1,130

Avg Days on Market

N/A

New This Week

0

Price Reduced

29%

Sold (30 Days)

3

Median Sale Price

$1.65M

Live data from RLS at REBNY • Updated 3/20/26, 12:13 AM EST

Similar Listings in Gowanus

View All

Location

Loading map...

87 16th Street, Gowanus, Kings County

Virtual Tour

MLS® ID: RLS11031756
First Listed: 1/31/2025
On Market: 1/31/2025
Price Changed: 8/28/2025
Closed: 8/27/2025
Contract Date: 1/24/2025

Listing Courtesy of Compass - Caryl A Berenato

Listing Contact: (917) 804-7367

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 3/20/2026 at 4:13 AM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

Call Text Email