Updated 6 days ago
In contract

87 16th Street

Gowanus, Brooklyn | 3rd Ave & 4th Ave

12 Rooms4 Beds3 Baths1,890 Square FeetMulti-Family

$1,675,000
floors / apts3 / 2
Lot Size15'x89'
Built Size15'x30'
ZoneR6B
Building TypeTownhouse
RE Taxes$3,600
Price Per SF
$886

Outdoor space and views

  • Backyard [15'x37']
  • Deck
  • Garden [15'x10']
  • Patio

Building Amenities

  • Garden

Property Description for 87 16th Street

Located on a quiet tree lined street, this sun filled two family brick townhouse in South Slope/Gowanus has had a single owner for 25 years. This home is currently set up as an owners' duplex featuring 3 Brs, 2 Ba, EIK with skylight, W/D, abundant closet and storage space and hardwood floors throughout. Outdoor space includes a private deck ,the option for a roof garden, and shares the large back yard with an income producing one bedroom below. Built in 1999, and meticulously maintained, this home has a layout full of possibilities. Rooms can be reconfigured or enlarged, walls can easily be opened or moved, and you could have the roof garden you've always dreamed of creating. This home offers an exceptional opportunity for savvy buyers looking to invest in one of Brooklyn’s most sought-after areas. At the crossroads of South Slope and Gowanus, just two blocks from the R train and near the F and G lines, commuting to downtown Brooklyn or Manhattan is effortless. Gowanus is known for its acclaimed dining scene, vibrant nightlife, and cultural hotspots, with Prospect Park, and some of Brooklyn's finest eateries nearby. If the new owner would prefer, the building can be delivered vacant.

Listing History for 87 16th Street

Now
04/22/2025
Contract Signed by Caryl Berenato
Compass
03/10/2025
$1,675,000 [-$224,999] [11.8%]
Price Drop by Caryl Berenato
Compass

Building Details for 87 16th Street

OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built1999
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Prospect Av
0.11 miles
4 Av-9 St
0.3 miles
Smith-9 Sts
0.48 miles

Citi Bike

16 St & 4 Ave
0.07 miles
4 Ave & 17 St
0.1 miles

Gowanus | Brooklyn

Quick Profile

Gowanus is a colorful neighborhood with an industrial aesthetic, tree-lined streets, historic structures, as well as luxury condos and rental buildings. It has a great art scene, fantastic eateries and bars and a 1.8-mile canal that snakes through most of the neighborhood. The variety of elements make it a desirable place to live.  

The neighborhood is on the crest of a major change due to a recently passed rezoning plan that will allow more residential construction. Especially around the Gowanus Canal where construction was once prohibited. The plan will bring new jobs, affordable housing, and create a neighborhood with walkable green spaces and amenities. It’s safe to say that change is coming to Gowanus.  

Gowanus is bounded by Hoyt Street to the west, 4th Avenue to the east, Warren Street, Baltic Street and Wycoff Street to the north, and Gowanus Expressway to the south.

The neighborhood is named after Gouwane, a chief in the Canarsie Indian tribe. His name, according to the history books, translates to “the sleeper.” Other historic accounts say that the Gowanus name comes from the Dutch word gouwee, which translates to the word bay. Based on early New York History surrounding Dutch settlers and native tribes, both accounts seem plausible. 

Gowanus began development as far back as the 1630s when the Dutch arrived. They began building farms and soon realized the marshy lands they settled were not the best for growing crops and farming. They began damming up certain areas of the land with hopes of creating better soil and powering their windmills. This was the beginning of the formation of the Gowanus canal.

The natural estuary was once brimming with oysters and fish. But in the 1800s, the canal was turned into an industrial and transportation waterway. In the mid 1900’s, industrial factories like manufactured gas plants, paper mills, and other businesses opened along the canal and casually polluted the water. It’s cleanup efforts have come a long way but there is still much work to be done. 

The newly approved Gowanus rezoning plan has caused lots of buzz this year. Mayor Bill DeBlasio's plan will rezone 82 blocks which will pave the way for an estimated 8,500 new apartments, 3,000 of which would be offered to low and moderate-income New Yorkers. The plan includes major improvements to the local infrastructure. Although the rezoning plan might not create a housing boom today or tomorrow, proponents say the rezoning sets the stage for major growth in Gowanus in the decades to come.

The F, G, D, N, R, and W subway lines service the Gowanus neighborhood.

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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: 69481TH