$10,000 Closing Credit¹
#RLS20017755, Erin Pastrana, Listing office: Corcoran Group
$2,399,999 List price
371 16th St Brooklyn, NY 11215
$10,000
Closing credit¹
2 full
1,704 sqft
$1,408 / sqft
Multi-Family
Property details
About 371 16th St
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
Highlights
Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size1,704 sqft
BasementYes
Year built1901
ParkingNone, Street
MLS #493640
FireplaceStove
Summary
- Full Bathrooms: 2
- Appliances: Refrigerator, Stove, Washer
- Basement: Yes
- Flooring Type: Ceramic, Hardwood, Laminate
- Fireplace: Stove
- Attached Garage: No
- Parking: None, Street
- Architectural Style: Triplex
- Heating: Steam, Natural Gas
- List Price: $2,399,999
- Price/SqFt: $1,408
- Annual Tax Amount: $7,094
- Tax Year: 2024
- Year Built: 1901
- Stories: 2
- Living Area: 1,704 SqFt
- MLS Number: 493640
- Office Name: Pen Realty LLC
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Last updated on: 6/21/2025, 6:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,399,999
371 16th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $137,100 | $7,094 |
| 2023 | $136,200 | $6,692 |
| 2021 | $99,240 | $12,483 |
| 2019 | $112,560 | $6,277 |
| 2018 | $27,768 | $5,340 |
| 2017 | $26,197 | $4,940 |
History based on county public records data.
Nearby schools
8
P.S. 107 John W. Kimball School
Public District KG-5
0.1 mi
•1301 8th Ave
8
Magnet School of Math, Science & Design Technology
Public Magnet KG-5
0.2 mi
•511 7th Ave
7
P.S. 295 Brooklyn
Public District PK-5
0.3 mi
•330 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $109,245. Typical income of Brooklyn, NY residents is between $100k-200k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
28%
35k-100k
43%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
5%
Single, with Kids
21%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
3%
12-17 yrs old
44%
18-34 yrs old
39%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 371 16th St
The listing price of 371 16th St property is $2,399,999.
The property 371 16th St is a multi located in Brooklyn, New York, 11215.
Active Listing: 371 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 371 16th St are: P.S. 107 John W. Kimball School (GreatSchools Rating 8/10), Magnet School of Math, Science & Design Technology (GreatSchools Rating 8/10), P.S. 295 Brooklyn (GreatSchools Rating 7/10), New Voices School of Academic and Creative Arts (GreatSchools Rating 9/10), Jr High School 88 Peter Rouget (GreatSchools Rating 6/10), Brooklyn Urban Garden Charter School (GreatSchools Rating 6/10), Cyberarts Studio Academy (GreatSchools Rating 2/10), Millennium Brooklyn High School (GreatSchools Rating 10/10), John Jay School for Law (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $7,094 (source: MLS/based on county public records data).
The property 371 16th St is 1,704 SqFt (source: MLS/tax record).
The year of construction for 371 16th St is 1901.
This home is located at 371 16th St in Brooklyn, NY and zip code 11215 in the South Brooklyn neighborhood. This 1,704 square foot home was built in 1901. Features: 2 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $2,399,999.
In May 2025, from all listings sold in Brooklyn, NY there were more than 37 sold above asking price, over 172 sold below and more than 227 were sold right at the asked price. In May 2025 in Brooklyn, NY there were 0.2% more homes for sale than in April. In May 2025, listings were on the market for 118 days. During the same period, the median list price in this real estate market was $992,262.
From Rocket Homes Real Estate and based on county public records data.