About This Home
This 3-bedroom, 3-bathroom multi-family at 1571 E 16th Street in Brooklyn, NY is listed for $1,018,000 ($723 per sqft). Built in 1920, the home offers 1,408 sqft of living space on a 0.06 acres lot.
Key Features
- Built in 1920
- 0.06 acre lot
- 2 stories
Property Details
Amenities
Welcome to 1571 East 16th Street! Best deal in Midwood! This Fully-Detached 2 Family home features a shared driveway, detached garage and private backyard, all sitting on a 25' x 108' lot! The second floor features a nice one-bedroom apartment with living room, eat-in kitchen, bedroom and full bath.
Below that on the first floor you have an eat-in kitchen, living room, 2 bedrooms and full bath. There is also a finished basement with good ceiling height, a family room, small office, half bath and the laundry/utility room. There is also an attic for additional storage.
Electric, plumbing and heat (new gas-powered heating system) are in perfect working order, but please note that this home needs to be updated/renovated. This home has a certificate of occupancy attesting to the fact that it is a two-family home. If you would prefer, you also have the potential to convert this entire home into a large one family house if that is what you are looking for.
No tenants, home will be delivered vacant at the closing. Super convenient Midwood location close to shopping, restaurants and houses of worship. Also, nearby the "Q" & "B" subway station on Kings Highway, and the B7 & B82 bus stops. This is a hot property, make sure you come to see it ASAP.
Monthly Cost Estimate
$5,444/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1571 E 16th Street
Brooklyn, NY 11230
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Questions & Answers
This 3-bedroom, 3-bathroom multi-family at 1571 E 16th Street is listed at $1,018,000 ($723/sqft). The estimated monthly payment is $5,445 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.06 acre lot, 2 stories. Interior Features: Refrigerator, Stove.
This property is listed by Mitchell Feldman and can be reached at 7185692888.


