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8628 16th Avenue, Brooklyn, NY 11214 (MLS# 2501138)

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8628 16th Avenue, Brooklyn, NY 11214

$1,810,000
Property Type: MultiFamily Bedrooms: 7 Baths: 5 Square Footage: 2,180 Lot Size (sq. ft.): 2,513 Status: Closed
Current Price: $1,810,000 List Date: 3/04/2025 Last Modified: 5/15/2025

Overview

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 ...

Listing Details MLS# 2501138

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

Marketing/Listing Date
2025-03-04
Sub-Type
Quadruplex
Zoning
R5
Block
06362
Lot
0055

General Property Info

Stories
2
Full Baths
5
3/4 Baths
4
Total Baths
5
Year Built
1931
Year Built Info
Approx
Taxes
13992
Tax Abated
No
Lot Size SqFt
2513
Lot Dim
26 x 96
Irregular
No
Building SqFt
2180
# Units
4
Pool Y/N
No
No. of Heating Units
4
Air Conditioner
Units
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!

Status Change Info

Pending Date
2025-03-18
Sold Date
2025-05-15
Projected Close Date
2025-05-30

Unit 1

Unit 1 - Level
Yes
Unit 1 - Rent/Month
1300
Unit 1 - # Rooms
3
Unit 1 - # Bedrooms
Yes
Unit 1 - # Baths
Yes

Unit 2

Unit 2 - Level
Yes
Unit 2 - # Rooms
5
Unit 2 - # Bedrooms
3

More Information

Unit 3

Unit 3 - Level
2
Unit 3 - Rent/Month
1500
Unit 3 - # Rooms
3
Unit 3 - # Bedrooms
Yes
Unit 3 - # Baths
Yes

Unit 4

Unit 4 - Level
2
Unit 4 - Rent/Month
1600
Unit 4 - # Rooms
4
Unit 4 - # Bedrooms
2
Unit 4 - # Baths
Yes

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

Sewer

Public Sewer
Yes

Income & Expenses

Gross Income
82800
Net Income
65208
Total Expense
17592

Electric

220
Yes

Heat Source

Electric
Yes
Natural Gas
Yes

Heat System

Other
Yes

Electric Meters

Individual
Yes

Gas Meters

Individual
Yes

Basement

Finished
Yes
Full
Yes

Parking

Off Street
Yes

Garage Location

None
Yes

Siding

Brick
Yes

Property Condition

Excellent
Yes

Property Features

Electric Meters: Individual Gas Meters: Individual Sewer: Public Sewer Electric: 220 Basement: Finished; Full Parking: Off Street Garage Location: None Siding: Brick Heat Source: Electric; Natural Gas Heat System: Other Property Condition: Excellent
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.