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371 16th StreetBrooklyn, NY 11215

For Sale

$2,399,999

Smart Buyer Rebate $30,000

Charming 2-Family Townhouse in Park Slope Brooklyn
Discover this classic two-family townhouse situated on a picturesque tree-lined block in the heart of Park Slope, one of Brooklyn's most sought-after neighborhoods for both lifestyle and investment.
Built in 1901 and offering 1,704 square feet of living space across two floors, this property blends historic charm with flexible functionality. Zoned R6B and set on a 1,767 sq ft lot, it presents a rare opportunity for Brooklyn buyers and real estate investors seeking value, potential, and location.
With two legal units, the layout allows for multiple uses — occupy one unit and rent the other, or convert it into a single-family home (consult an architect for options).
Key Features:
Building Class: B9 - 2-Family Miscellaneous
Lot Dimensions: 17.67 x 100 ft
Zoning: R6B - Flexible development potential
Annual Taxes: $7,094
Projected Rent: $3200.00/month
Nestled near Prospect Park, this residence is a short walk to the F/G subway lines, local cafes, and the vibrant retail corridors of 7th and 8th Avenues. With a Walk Score of 99, residents enjoy the perfect mix of city convenience and neighborhood tranquility.
This is an ideal opportunity for buyers seeking a Brooklyn home with character and growth potential — or for investors looking for stable returns in a high-demand, low-supply area.
Contact Listing Broker For Showings

Listed by Peter Mancini

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PEN REALTY LLC

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(347) 736-8953

Last updated October 18, 2025

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Source: REBNY #RLS20032447

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Slope
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu124
  • Taxes$7,094/year
  • Size1,704 sqft
  • Price per sqft$1,408

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

06/21/2025
Listed by PEN REALTY LLC
$2,399,999

Estimated Closing Costs

Total
$87,258
Attorney Fees
$4,000
NYC Mansion Tax
$29,999
Title Insurance
$10,800
Bank Attorney
$1,500
Mortgage Recording Tax
$36,959
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,399,999 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 371 16th Street

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Stories Total: 3
  • Structure Type: Multi Family
  • Year Built: 1901
  • Architectural Style: Prewar

Measurements

  • Building Area Total: 1,704
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,758
  • Lot Size Dimensions: 17
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $7,094.00

Interior

Measurements

  • Living Area: 1,704
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Rooms Total: 9

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: South Slope
  • Tax Block: 1104
  • Tax Lot: 0062

Utilities

Equipment

  • Laundry Features: See Remarks

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.