Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
4801 16TH Avenue

For Sale · Listing by Douglas Elliman Real Estate

4801 16TH Avenue

Borough Park, Brooklyn

$2,800,000

Interested in this property?
Active For Sale Mixed Use

$2,800,000

$1,750 per sq ft

4801 16TH Avenue

Borough Park, Brooklyn

MLS® #RLS20103070

RLS at REBNY

Listing by Douglas Elliman Real Estate

1
Bedroom
1
Bath
1,600
Sq. Ft.
N/A
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,600 sq ft
Lot Size 800 sq ft
Year Built N/A
Ownership None
Property Taxes $11,940/yr
Neighborhood Borough Park
Floor 1 of 2

Property Highlights

  • Views: Other
  • Climate Control: Central Air

Property Details

Type Mixed Use
Ownership None
Total Rooms 4
Baths 1 Full
Floor 1 of 2
View Other
Cooling Central Air
Pets Yes
Living Area 1,600 sq ft
Structure Type MixedUse
Basement Other
Lot Size 800 sq ft
Parcel # 05448-0010
Block/Lot 05448/0010

Listing History

Event Date Price Change
Listed Jul 10, 2026 $2,800,000 -
Currently Jul 31, 2026 $2,800,000 -

Description

Home to Lieberman's Luncheonette for over 60 years, this prominent corner has been a proven Borough Park retail destination. Offering a rare corner opportunity in Borough Park, Brooklyn, this property. This approximately 1,600-square-foot, two-story corner building is offered for sale in the heart of Borough Park, Brooklyn. Situated along one of the neighborhood's established commercial corridors, the property presents an opportunity for an owner-user, investor, or redevelopment, subject to applicable zoning and approvals. Built in 1931, the property occupies a 20' 40' corner lot zoned R6/C1-3, offering approximately 2,300 square feet of additional development potential. Positioned on a prominent corner along 16th Avenue and directly across from Chase Bank, the property benefits from strong visibility and pedestrian and vehicular exposure. The property is situated within an established commercial corridor featuring a diverse mix of retail, restaurant, and financial services. Located in Borough Park, Brooklyn, the property is served by the F train at 18th Avenue, the D train at 55th Street, and the B8 and B11 bus routes. McDonald Avenue, Ocean Parkway, and the Gowanus Expressway provide access to Lower Manhattan in approximately 30 minutes by car and 35 minutes by subway, depending on traffic and service conditions.

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Stories 2
Structure MixedUse

Financial Details

RE Taxes $11,940/yr ($995/mo)

Borough Park is a large residential neighborhood in southwestern Brooklyn defined by brownstone and brick rowhouses, multi-family walk-ups, and low-rise co-ops, with an active commercial corridor along 13th Avenue. The D and N trains serve the BMT West End and Sea Beach Lines respectively, while the F and G trains run along McDonald Avenue on the IND Culver Line. Prospect Park lies just northeast of the neighborhood, offering 585 acres of meadows, sports fields, and parkland.

Borough Park Live Market Data

View Neighborhood

Active Listings

2

Median Asking Price

$2.14M

Median $/Sqft

$1,258

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

$4.00M

Live data from RLS at REBNY • Updated 7/31/26, 6:47 AM EST

Recently Sold in Borough Park

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Location

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4801 16TH Avenue, Borough Park, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
2
Floors
R6
Zoning District

Tax & Assessment

Assessed Value: $109,800
Land Value: $15,750
Exemptions: $0

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

Lot Area: 803 SF
Building Area: 1,600 SF
Built FAR: 1.99
Allowed FAR: 2.43

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 $11,940, or roughly $995 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,600 square feet. Verify dimensions independently during due diligence.

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 $2,800,000 for 1,600 sq ft, the asking price per square foot is approximately $1,750. 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: RLS20103070
First Listed: 7/11/2026
On Market: 7/10/2026
Price Changed: 7/11/2026
Contract Date: 7/10/2026

Listing Courtesy of Douglas Elliman Real Estate - Adam Jordan Gerber

Listing Contact: (516) 662-0692

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 7/31/2026 at 10:47 AM UTC

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Borough Park Market Update

0 sales last 30 days · $2.14M median · N/A supply

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New listings in this neighborhood

Quick Facts

Status Active Type Mixed Use Neighborhood Borough Park Borough Brooklyn
County Kings
Floor 1 of 2
First Listed 7/11/2026
Living Area 1,600 sqft
Annual Tax $11,940

Monthly Costs Estimate

Down Payment 20%

$560,000

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 $995
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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