$2,055,000
Updated 8 years ago
Sold

510 16th Street

Windsor Terrace, Brooklyn | Prospect Park West & 10th Ave

19 Rooms7 Beds3 Baths3,630 Square FeetMulti-Family

$2,055,000
floors / apts3 / 2
Lot Size18'x100'
Built Size18'x58'
Building TypeTownhouse
RE Taxes$8,972
Price Per SF
$566

This property was sold for $2,055,000 on 08/31/18.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Driveway
  • Garage

Property Description for 510 16th Street

Your vision awaits this primely located three-family townhouse. The home, which boasts 3600+ sq feet is currently configured as three income-producing rentals. With a CAP rate of roughly 4.5% you can get your hands on a reliable and well valued investment property, or take over the building and create your own masterpiece. Whether creating a phenomenal single-family home with its own garage, or an upper duplex with rental income, the options are boundless. This is a unique opportunity to creatively customize to your specific needs. The home shares a common driveway with the other row houses of its kind, which is a priceless commodity these days! Located one block from Prospect Park and access to the F train two blocks away, the location can't be beat. Can be delivered vacant.

Listing History for 510 16th Street

Now
08/31/2018
$2,055,000
Sold and Closed by Quinn Hagstrand
Corcoran
05/22/2018
Contract Signed by Quinn Hagstrand
Corcoran

Building Details for 510 16th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

15 St-Prospect Park
0.15 miles

Citi Bike

Prospect Park SW & 10 Ave
0.08 miles
Windsor Pl & Howard Pl
0.15 miles

Contact Agent

Contact Agent

Windsor Terrace | Brooklyn

Quick Profile

The tiny, comma-shaped neighborhood of Windsor Terrace is bookended between two of Brooklyn’s largest green spaces, Prospect Park and the massive Green-Wood cemetery. Aside from the presence of the Prospect Park Expressway, which dissects the neighborhood in two, this residential community offers a suburban sensibility with its tree-lined streets, low volume traffic and the low height character of its streetscape.  

Many homes in the area are low to the ground, lending a suburban feel to the neighborhood, and the area has been down-zoned to maintain its low-rise appeal and character. There are plentiful brick row houses that have very low turnover. If you are lucky enough to buy or rent one, you tend to hold on to it. There are also small apartment buildings, private homes, condos and multi-family homes in a wide price range

There is commercial development along Prospect Park West, Fort Hamilton Parkway and Prospect Avenue, but even these new stores and restaurants are mostly family-owned and operated, maintaining the small-town charm. The pace of life is slower. The schools are good, which is a big draw for families with young children. The people are friendly, which gives a real sense of neighborhood and community to Windsor Terrace.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 72830TH