Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 7/29/2024 for $2,100,000

318 16TH Street
Closed For Sale Multi Family

$2,100,000

$808 per sq ft

318 16TH Street

South Slope, Brooklyn

MLS® #RLS10962304

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

3.5

Baths

2,600

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3 full, 1 half
Living Area 2,600 sq ft
Lot Size 1,600 sq ft
Year Built 1901
Ownership None
Property Taxes $5,340/yr
Neighborhood South Slope
Floor 1 of 3

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Climate Control: Other

Property Details

Type Multi Family
Ownership None
Total Rooms 7
Baths 2 Full, 1 Half
Floor 1 of 3
View Other
Cooling Other
Pets Yes
Year Built 1901
Living Area 2,600 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,600 sq ft
Parcel # 01108-0018
Block/Lot 01108/0018

Description

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.

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
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.

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.

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,
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!

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit Fireplace (1)

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Total Units 2
Stories 3
Structure Townhouse

Financial Details

RE Taxes $5,340/yr ($445/mo)
Original Price $2,500,000
Sale Price $2,100,000
Previous Price $2,350,000

South Slope provides a rising environment for those seeking space and value within New York City. The area is known for its natural atmosphere and a real estate market that features a blend of rising cooperatives and traditional multi-family residences.

South Slope Live Market Data

View Neighborhood

Active Listings

2

Median Asking Price

$862K

Median $/Sqft

$1,139

Avg Days on Market

N/A

New This Week

0

Price Reduced

50%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 3/1/26, 4:12 AM EST

Recently Sold in South Slope

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Location

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318 16TH Street, South Slope, Kings County

MLS® ID: RLS10962304
First Listed: 3/4/2024
On Market: 3/4/2024
Price Changed: 8/9/2024
Closed: 7/29/2024
Contract Date: 3/4/2024

Listing Courtesy of Corcoran Group - Deborah Lee Rieders

Listing Contact: (917) 494-2503

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/1/2026 at 9:12 AM UTC

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