$2,000,000

351 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated payment $11,560/month

Total Views 101
8 Beds
8 Baths
3,315 Sq Ft
$603 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1-minute walk to Cortelyou Road
  • 6 Car Detached Garage
  • Ditmas Junior High school Rated A-
  • Fenced Yard
  • Porch

About This Home

Located in the highly desirable Ditmas Park neighborhood just off Cortelyou Road, this detached turn-of-the-century three-story Victorian home sits proudly on a generous 50 x 100 lot, offering both timeless charm and exceptional potential. Showcasing original parquet floors, intricate moldings, and classic pocket doors, the residence is rich in historic detail and character throughout. An expansive, open front porch provides the perfect setting for relaxing or entertaining while enhancing the home’s classic Victorian appeal. This property presents a remarkable investment opportunity and true money maker, ideal for end-users or investors seeking value and upside. Additional features include a full storage basement, a private driveway, and a spacious rear yard complemented by a detached garage, creating a rare combination of space, privacy, and convenience. Perfectly positioned right around the corner from a vibrant mix of restaurants, cafes, and shops, as well as convenient access to the Q train and B103 along Cortelyou Road, this location offers the best of Brooklyn living.

Listing Agent

Delton Cheng

Century 21 Homefront Realty Listed on: 03/20/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,475

Year Built

  • Built in 1899

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 100 x 50
  • Fenced Yard
  • Back and Front Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 3,315 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 6 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5147

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $5,000
  • Utility Expense $5,000
  • Gross Income $130,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,475

Year Built

Built in 1899

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 8.00
  • Borough: Brooklyn
  • Building Length: 30.00
  • Building Width: 33.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Beverly Rd
  • Cross Street Name2: Cortelyou Rd
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Porch
  • Fill Sq Ft Total: 3315
  • Street Name I D X: 16th
  • Year Built: 1899
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 5000

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 45
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 50
  • Zoning: R3X

Multi Family

  • Annual Gross Expense: 35000.00
  • Annual Gross Income: 130800
  • Insurance Expense: 5000.00
  • Unit Count: 2
  • Annual Utility Expenses: 5000.00

Tax Info

  • Flip Tax Amount: 10475.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,883 $178,140 $33,780 $144,360
2024 $9,883 $151,620 $33,780 $117,840
2023 $9,427 $143,220 $33,780 $109,440
2022 $8,742 $117,240 $33,780 $83,460
2021 $9,163 $113,760 $33,780 $79,980
2020 $4,600 $118,320 $33,780 $84,540
2019 $8,577 $94,080 $33,780 $60,300
2018 $7,886 $38,683 $20,109 $18,574
2017 $7,439 $36,494 $18,102 $18,392
2016 $7,296 $36,494 $15,390 $21,104
2015 $4,152 $36,219 $19,906 $16,313
2014 $4,152 $34,170 $15,963 $18,207
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $2,000,000 -- $603 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 499779

Brooklyn Board of REALTORS®

APN: 05147-0045

New York Kings County Brooklyn 11226 Ditmas Park

351 E 16th St, Brooklyn, NY

For Sale

MultiFamily

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Brooklyn Board of REALTORS® The property 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. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Delton Cheng
Listing Agent
Delton Cheng
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Century 21 Homefront Realty
(929) 660-3161
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