Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

1761 E 16TH Street

Pending · Listing by Brown Harris Stevens Brooklyn LLC

1761 E 16TH Street

Homecrest, Brooklyn

$1,535,000

Interested in this property?

$1,535,000

$426 per sq ft

1761 E 16TH Street

Homecrest, Brooklyn

MLS® #RLS20026838

RLS at REBNY

Listing by Brown Harris Stevens Brooklyn LLC

6
Bedrooms
3
Baths
3,600
Sq. Ft.
1930
Year Built

Quick Summary

Bedrooms 6
Bathrooms 3
Living Area 3,600 sq ft
Lot Size 2,000 sq ft
Year Built 1930
Ownership None
Property Taxes $10,392/yr
Parking Garage (1)
Neighborhood Homecrest
Floor 1 of 2

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Climate Control: Central Air

Property Details

Type Single Family Residence
Ownership None
Total Rooms 14
Baths 3 Full
Floor 1 of 2
View Other
Cooling Central Air
Pets Yes
Year Built 1930
Living Area 3,600 sq ft
Parking Garage Available (1 spaces)
Parking Features Assigned, Garage
Architectural Style WalkUp
Basement Other
Lot Size 2,000 sq ft
Block/Lot 06799/0066

Listing History

Event Date Price Change
Listed May 28, 2025 $1,599,000 -
Currently Aug 14, 2026 $1,535,000 -4.0%

Description

1761 East 16th Street - Prime Homecrest Legal Two-Family with Parking and Garage Introducing 1761 East 16th Street, a rare legal two-family brick home ideally located close to the Kings Highway B/Q subway station in the heart of Homecrest. This 20" x 100" property offers the perfect blend of space, convenience, and flexibility - with private parking, a remote-controlled garage, and generous interior square footage spread across three full stories. Whether you're an end user seeking multi-generational living, an investor looking for strong income potential, or a buyer exploring live-plus-rent options, this home is a standout opportunity in one of South Brooklyn's most accessible and vibrant neighborhoods. Property Configuration: -Legal Two-Family -3-Story Building: ---Top Floor: 3-bedroom, 1-bath full-floor apartment ---Main Floor + Garden Level: 3-bedroom, 2-bath duplex Key Features: -Private driveway and remote-controlled garage -Full garden-level floor with high ceilings and above-grade windows -Separate entrances for each unit -In-unit washer/dryers, updated mechanicals, and central air and heat -Brick construction with excellent curb appeal and natural light throughout -Multiple bonus rooms ideal for offices, playrooms, or guest use -Ample closet and storage space, plus dedicated pantries in each unit Dimensions & Specs: -Lot: 20 ft x 100 ft (2,000 SF) -Building: 20 ft x 65 ft Total: 3,600 SF (approx. 2,400 residential + 1,200 SF garden level) -Zoning: R5B Taxes: $10,395/year Unbeatable Location: Just half a block to the B/Q trains at Kings Highway, 1761 East 16th offers a seamless commute to Manhattan and easy access across Brooklyn. You're also close to major bus lines (B7, B82, B2, B31), and within blocks of Target, Planet Fitness, banks, groceries, and a variety of neighborhood restaurants and shops.

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 2
Style WalkUp

Financial Details

RE Taxes $10,392/yr ($866/mo)
Original Price $1,599,000
Previous Price $1,599,000

Homecrest features a mix of low-rise co-ops, pre-war apartment buildings, and mixed-use residential structures. The area is served by subway lines and bordered by local parks and large institutional landmarks. Residents utilize wide avenues providing ample streetscape visibility throughout the NYC neighborhood.

Homecrest Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$495K

Median $/Sqft

$811

Avg Days on Market

N/A

New This Week

1

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$1.06M

Live data from RLS at REBNY • Updated 8/14/26, 7:28 PM EST

Recently Sold in Homecrest

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Location

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1761 E 16TH Street, Homecrest, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $94,320
Land Value: $12,060
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 3,600 SF
Built FAR: 1.8
Allowed FAR: 1.5

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 annual property tax is $10,392, or roughly $866 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 3 full bathrooms.

The listed interior living area is 3,600 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,535,000 for 3,600 sq ft, the asking price per square foot is approximately $426. 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 milton@miltoncoste.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: RLS20026838
First Listed: 5/28/2025
On Market: 5/28/2025
Price Changed: 11/24/2025
Pending Since: 8/19/2025
Contract Date: 5/28/2025

Listing Courtesy of Brown Harris Stevens Brooklyn LLC - Renee S Miller

Listing Contact: (516) 439-0922

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 8/14/2026 at 11:28 PM UTC

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Homecrest Market Update

1 sale last 30 days · $495K median · 6 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Pending Type Single Family Residence Neighborhood Homecrest Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1930
First Listed 5/28/2025
Parking Garage (1)
Style WalkUp
Living Area 3,600 sqft
Annual Tax $10,392

Monthly Costs Estimate

Down Payment 20%

$307,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $866
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$15,350

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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