$1,810,000
Brooklyn, NY 11214
MLS# 2501138
Status: Closed
7 beds | 5 baths | 2180 sqft
1 / 3
Property Description
Prime Investment Opportunity - 8628 16th Ave, Brooklyn! Location, Location, Location! Discover this all-brick, semi-attached four-family property, perfectly positioned just around the corner from prime 86th Street! Enjoy the ultimate convenience with easy access to top-rated dining, shopping, and transportation. This well-maintained property offers separate heating, boilers, and electric for each unit, ensuring hassle-free management. A long private driveway accommodates multiple vehicles, and the spacious backyard is perfect for entertaining or relaxation. Property Highlights: Unit 1F: Open-concept living/dining/kitchen, 1 bedroom, 1 full bath. Unit 1R (Duplex): Rear first-floor unit + full finished basement, 3 bedrooms (primary suite with full bath), additional full bath, living room, kitchen/dining combo, laundry room, utility room, and ample storage. Unit 2F: Living, dining, kitchen, 1 bedroom, 1 full bath. Unit 2R: Open-concept living/dining/kitchen, 2 bedrooms, 1 full bath. This property won't last! Call today to schedule your private tour!
Details
Maps
Address/Legal
Section: N/A
Country: United States
Contract/Location Information
List Price/SqFt: 816.51
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 2
Taxes: 13992
Tax Abated: No
Lot Size SqFt: 2513
Year Built Info: Approx
Lot Dim: 26 x 96
Irregular: No
No. of Heating Units: 4
Air Conditioner: Units
Condition: Excellent
Basement Type: Full
Public Remarks: Prime Investment Opportunity - 8628 16th Ave, Brooklyn!
Location, Location, Location! Discover this all-brick, semi-attached four-family property, perfectly positioned just around the corner from prime 86th Street! Enjoy the ultimate convenience with easy access to top-rated dining, shopping, and transportation.
This well-maintained property offers separate heating, boilers, and electric for each unit, ensuring hassle-free management. A long private driveway accommodates multiple vehicles, and the spacious backyard is perfect for entertaining or relaxation.
Property Highlights:
Unit 1F: Open-concept living/dining/kitchen, 1 bedroom, 1 full bath.
Unit 1R (Duplex): Rear first-floor unit + full finished basement, 3 bedrooms (primary suite with full bath), additional full bath, living room, kitchen/dining combo, laundry room, utility room, and ample storage.
Unit 2F: Living, dining, kitchen, 1 bedroom, 1 full bath.
Unit 2R: Open-concept living/dining/kitchen, 2 bedrooms, 1 full bath.
This property won't last! Call today to schedule your private tour!
Pool Y/N: No
Bedrooms: 7
Full Baths: 5
Total Baths: 5
Year Built: 1931
Building SqFt: 2180
Number of Units: 4
Status Change Info
Projected Close Date: 2025-05-30
Pending Date: 2025-03-18
Sold Date: 2025-05-15
Sold Price: $1,810,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 3
Unit 1 - # Bedrooms: 1
Unit 1 - # Baths: 1
Rent/Month: 1300
Sewer
City: 1
Income & Expenses
Gross Income: 82800
Net Income: 65208
Total Expense: 17592
Unit 2
Unit 2 - Level: 1
Unit 2 - # Rooms: 5
Unit 2 - # Bedrooms: 3
Unit 3
Unit 3 - Level: 2
Unit 3 - # Rooms: 3
Unit 3 - # Bedrooms: 1
Rent/Month: 1500
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 2
Unit 4 - # Rooms: 4
Unit 4 - # Bedrooms: 2
Rent/Month: 1600
Unit 4 - # Baths: 1
Heat Source
Electric: 1
Gas: 1
Heat System
Other: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Off Street: 1
Garage Location
None: 1
Siding
Brick: 1
AddressLegal
Street No.: 8628
Street Name: 16th
Street Suffix: Avenue
County: Kings
State: NY
Zip Code: 11214
Area Name: Bath Beach
Parcel ID: 06362-0055
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2025-03-04
Sold Price: $1,810,000
Current Price: $1,810,000
Sub-Type: 4F
Zoning: R5
Block: 06362
Lot: 0055
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Parking: Off Street
Garage Location: None
Siding: Brick
Heat Source: Electric; Gas
Heat System: Other
Listing Courtesy of ProBase Real Estate
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.