7902 16th Avenue Brooklyn, NY $ 2,588,000
7902 16th Avenue
$ 2,588,000
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7902 16th Avenue

Brooklyn, NY, 11214
$ 2,588,000
Bedrooms7 Baths4.0 Sq 3,200

Monthly Estimate*

$ 15,935

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Multi-Family Home for sale in Brooklyn, NY

for $2,588,000 with 7 bedrooms and 4 full baths. This 3,200 square foot home was built in 1931 on a lot size of 0.045914.

Exceptional 4-Family Investment Property with private parking… Endless Income Potential Discover unparalleled luxury in this brand-new 4-family construction, where the owner has spared no expense from top to bottom. This remarkable building features three expansive 2-bedroom luxury units and one spacious 1-bedroom luxury unit, all meticulously designed for modern living and incorporating exquisite outdoor balcony space. Property Highlights: • State-of-the-Art Construction: New electrical, plumbing, and sprinkler systems ensure peace of mind and efficiency. • Gourmet Kitchens: Each unit boasts brand-new kitchens equipped with stainless steel appliances, perfect for the discerning tenant. • Luxurious Bathrooms: All bathrooms have been newly installed with high-end fixtures and finishes. • Commercial-Grade Garage: A large, commercial-grade garage offers ample parking and storage options. • Prime Location: Situated on a generous corner lot, this property offers excellent curb appeal and convenience. This investment property is vacant, providing you with the flexibility to set market rents and choose your tenants. Don't miss out on this exceptional opportunity to secure a high-income generating asset. MLS Approve - No Financial provided due to property is vacant

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Multi-Family Active

Price

$ 2,588,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,977

Style

Lot Size

0.045914

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

490882

Features
Interior
Heating Fuel Gas
Flooring Ceramic Hardwood Tile
Hot Water Gas
Full Baths 4
Half Baths 0
Three Quarter Bath 0
Beds Total 7
Total Baths 4.00
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General
Roof Flat
Zoning R5
Electric 220 V
Style Other
Stories Count 2
Property Type Residential
Block 6270
Yearly Taxes 6977.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Detached
Status Active
Total Rooms 19
Construction Materials Block
Cumulative Days on Market 350
MLS Area Bensonhurst
Sub Type Multi-Family
Year Built 1931
City Brooklyn
DOM 350
# Families 4
Public Remarks Exceptional 4-Family Investment Property with private parking… Endless Income Potential Discover unparalleled luxury in this brand-new 4-family construction where the owner has spared no expense from
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Exterior
Exterior Stucco
Foundation Block
Parking Attrib 2 Spaces Built-In Garage
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Real Estate Professiona

Broker

(718) 532-2000

Phone

Affordability Calculator

$16,516
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,935
Monthly Property Taxes
$581
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/21/2025$2,150,000 -1.15% Price Down
5/13/2025$2,175,000 -0.91% Price Down
5/10/2025$2,195,000 -2.44% Price Down
5/6/2025$2,250,000 -1.96% Price Down
5/5/2025$2,295,000 -2.34% Price Down
5/4/2025$2,350,000 -1.59% Price Down
5/2/2025$2,388,000 -4.02% Price Down
4/15/2025$2,488,000 Listed Price

Map


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7902 16th Avenue, Brooklyn, NY, 11214 is a Multi-Family Home for sale at $2,588,000 with 3,200 sqft and a lot size of 0.045914. 7902 16th Avenue has 7 bedrooms, 4.0 baths, and was built in 1931. The property's zip code is 11214 which is in Brooklyn, NY