8743 Bay 16th St Unit 4 Brooklyn, NY 11214
Bath Beach NeighborhoodEstimated payment $13,076/month
Highlights
- 6,290 Sq Ft lot
- Wood Flooring
- Detached Garage
- P.S. 163 Bath Beach Rated A
- Victorian Architecture
- Heating System Uses Steam
About This Home
Great opportunity for investors and builders in the highly sought-after Bath beach section of Brooklyn. This 65x97 lot is R5-zoned with an expanded floor area ratio. Being sold "AS IS" offering tremendous potential for future development. Property currently has one tenant occupied unit on third floor. All other floors are vacant. Buyers are responsible for their own due diligence.
All offers must be submitted with proof of funds and pre-approval. Please send all documentation to LA
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,480
Year Built
- Built in 1917
Lot Details
- 6,290 Sq Ft Lot
- Lot Dimensions are 97 x 65
- Back and Front Yard
Home Design
- Victorian Architecture
- Block Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,800 Sq Ft Home
- 3-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Parking
- Detached Garage
- On-Street Parking
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6401
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $3,200
- Utility Expense $1,500
- Gross Income $60,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Price Changed | $2,270,000 | -4.9% | -- |
| 09/04/2025 09/04/25 | Price Changed | $2,387,000 | 0.0% | -- |
| 09/04/2025 09/04/25 | For Sale | $2,387,000 | +3.8% | -- |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | Price Changed | $2,300,000 | -11.5% | -- |
| 03/01/2025 03/01/25 | Price Changed | $2,599,000 | -10.1% | -- |
| 01/08/2025 01/08/25 | Price Changed | $2,890,000 | -6.8% | -- |
| 12/19/2024 12/19/24 | For Sale | $3,100,000 | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 488470
APN: 06401-0015
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