1729 East 16th Street Brooklyn, NY $ 2,700,000
1729 East 16th Street
$ 2,700,000
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1729 East 16th Street

Brooklyn, NY, 11229
$ 2,700,000
Bedrooms-- Baths-- Sq 7,420

Monthly Estimate*

$ 16,844

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1729 East 16th Street, Brooklyn, NY 11229 - Image 9
1729 East 16th Street, Brooklyn, NY 11229 - Image 10

Commercial Property for sale in Brooklyn, NY

for $2,700,000. This 7,420 square foot building was built in 2004 on a lot size of 0.045914.

Introducing this FREE MARKET five-story mixed use building for sale! Located in the heart of Homecrest, this property features 1 commercial and 4 residential units. The first floor is 1800SF and the cellar is 1500SF, serving as 1 community office space. First Floor and Cellar are currently being used as a medical office, with one parking space at the front. The upper floors each have dimensions of 20 x 55. Each residential unit features three bedrooms, 2 bathrooms, and a balcony. NOT rent stabilized, FREE MARKET. Electric meters and gas meters have all been separated. Conveniently located near Kings Hwy commercial district, with restaurants, grocery stores, big department stores, banks, pharmacies, and parks all within a short distance. Few minutes away from B&Q train, B2, B31, B100 bus stop. Commercial Unit will be delivered vacant March 2025. Perfect for owner-use or investors targeting strategic location, quality of living, and exponential investment growth. All information is deemed reliable but is not guaranteed. Buyer is advised to independently verify the accuracy of all information.

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Commercial Active

Price

$ 2,700,000

Property Type

Commercial

Taxes

$ 17,163

Style

Mixed Use

Lot Size

0.045914

Year Built

2004

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

488135

Features
Interior
Heating Fuel Other
Flooring Other
Hot Water Other
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General
Roof Other
Zoning R5B
Electric Other
Stories Count 5
Property Type Mixed Use
Block 6799
Yearly Taxes 17163.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Other
Cumulative Days on Market 369
MLS Area Homecrest
Sub Type Mixed Use
Year Built 2004
City Brooklyn
DOM 369
# Families 4
Public Remarks Introducing this FREE MARKET five-story mixed use building for sale! Located in the heart of Homecrest this property features 1 commercial and 4 residential units. The first floor is 1800SF and the c
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Exterior
Exterior Brick
Foundation Block
Parking Attrib 1 Space
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Fang Fang Realty Inc

Broker

(917) 200-1996

Phone

Affordability Calculator

$18,275
Per Month
92%
8%
0%
Monthly Principal & Interest
$16,844
Monthly Property Taxes
$1,430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/18/2024$2,700,000 Listed Price

Map


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1729 East 16th Street, Brooklyn, NY, 11229 is a Commercial Property for sale at $2,700,000 with 7,420 sqft and a lot size of 0.045914. 1729 East 16th Street was built in 2004. The property's zip code is 11229 which is in Brooklyn, NY