$2,588,000

7902 16th Ave Brooklyn, NY 11214

7 beds
4 full
3,200 sqft
$809 / sqft
Multi-Family

Property details

About 7902 16th Ave

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

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size3,200 sqft
BasementYes
Year built1931
Parking2 Spaces,Built-In Garage, Private Drive
MLS #490882
FireplaceStove

Summary

  • Full Bathrooms: 4
  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Ceramic, Hardwood, Tile
  • Fireplace: Stove
  • Total Bedroom Count: 7
  • Parking: 2 Spaces,Built-In Garage, Private Drive
  • Architectural Style: Other
  • Heating: Baseboard, Natural Gas
  • List Price: $2,588,000
  • Price/SqFt: $808
  • Annual Tax Amount: $6,977
  • Tax Year: 2024
  • Year Built: 1931
  • Stories: 2
  • Living Area: 3,200 SqFt
  • MLS Number: 490882
  • Office Name: RE/MAX Real Estate Professiona

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Last updated on: 6/1/2025, 6:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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7902 16th Ave, Brooklyn, NY 11214 - view of property

$2,588,000

7902 16th Ave

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$120,600$6,977
2023$158,850$15,233
2021$112,500$24,061
2020$156,600$14,860
2018$138,600$12,604
2017$134,550$11,600

History based on county public records data.

Nearby schools

7

P.S. 204 Vince Lombardi School

Public District KG-5

0.2 mi

8101 15th Ave

6

P.S. 112 Lefferts Park School

Public District KG-5

0.4 mi

7115 15th Ave

6

P.S. 186 Dr. Irving A. Gladstone School

Public District KG-5

0.5 mi

7601 19th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,400. Most Brooklyn, NY residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

43%
<35k
29%
35k-100k
27%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
6%
Single, with Kids
30%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 7902 16th Ave in Brooklyn, NY and zip code 11228 in the Bensonhurst neighborhood. This 3,200 square foot home was built in 1931. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $2,588,000.

Brooklyn, NY housing market in April 2025 saw over 38 listings sold above listed price, more than 194 sold at listed price and over 146 sold below. The inventory of homes for sale in Brooklyn, NY between March and April 2025 increased by 2.3%. Listings spent 121 days on the market in April 2025, and had a median list price of $994,292 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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