351 E 16th St - Multi-Family FOR SALE


Brooklyn, NY 11226- Flatbush-Ditmas Park
$2,000,000 USD
718-252-6060
351 E 16th St, Brooklyn, NY for Sale
$2,000,000 USD
Multi-Family - FOR SALE
1/9
null | 5% Cap Rate

351 E 16th St
Brooklyn, NY 11226
Flatbush-Ditmas Park


OVERVIEW

Located in the highly desirable Ditmas Park neighborhood just off Cortelyou Road, this detached turn-of-the-century three-story Victorian home sits proudly on a generous 50 x 100 lot, offering both timeless charm and exceptional potential. Showcasing original parquet floors, intricate moldings, and classic pocket doors, the residence is rich in historic detail and character throughout. An expansive, open front porch provides the perfect setting for relaxing or entertaining while enhancing the home’s classic Victorian appeal. This property presents a remarkable investment opportunity and true money maker, ideal for end-users or investors seeking value and upside. Additional features include a full storage basement, a private driveway, and a spacious rear yard complemented by a detached garage, creating a rare combination of space, privacy, and convenience. Perfectly positioned right around the corner from a vibrant mix of restaurants, cafes, and shops, as well as convenient access to the Q train and B103 along Cortelyou Road, this location offers the best of Brooklyn living.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$603 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,000,000

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

R3X

APN/PARCEL ID

05147-0045

ASK ABOUT THIS PROPERTY

Delton ChengCentury 21 HomefrontMore Info
718-252-6060

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Delton ChengCentury 21 HomefrontMore Info
718-252-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.