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103 16th St, Brooklyn, NY, 11215

8beds
5baths
2,986sqft
$2,689,000
$901price/sqft
$15,758/moest. monthly cost
$630,320/yrincome needed

About This Home

Exceptional investment opportunity in the heart of highly desirable Park Slope! This well-maintained 3-family property offers spacious layouts and outstanding income potential. The first-floor unit features 2 bedrooms and 1 full bathroom, while the second and third-floor units each offer 3 bedrooms and 1.5 bathrooms. The finished basement with a separate entrance offers additional versatility for storage, recreation, or other permitted uses. A private front parking area adds valuable convenience in this sought-after neighborhood. Perfectly situated in an excellent location, just moments from public transportation, shopping, restaurants, parks, schools, and everything Park Slope has to offer. Whether you're expanding your investment portfolio or looking for a multi-family property with strong rental potential, this is an opportunity you won't want to miss!

Getting Around

96
WalkingWalker's Paradise
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

5/10
Ps 124 Silas B DutcherGrades PK-50.1 mi
5/10
John Jay School for LawGrades 9-120.8 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Stove,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished,Separate Entrance

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Features

  • Flooring: Hardwood

Heating

  • Heating features: Natural Gas,Steam/Radiator

Interior Area

  • Total structure area: 2,986
  • Total interior livable area: 2,986 sqft

Property

Details

  • Parcel number: 010460156
  • Attached to another structure: Yes
  • Zoning: R6B
  • Special condition: Arm's Length
  • Foundation area: 1080

Features

  • Stories: 3

Lot

  • Lot size: 1,975 sqft
  • Features: Front Yard
  • Lot size dimensions: 19x100

Parking

  • Total spaces: 1
  • Parking features: Private Drive,1 Space
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,597$163,164
Home Insurance *$414$4,968
Property Taxes $1,254$15,048
Electricity $493$5,921
Total$15,758$189,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$540,274/yr
40% on housing$472,740/yr
45% on housing$420,213/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$901This listing

vs Other Active Listings

Avg $/sqft

ZIP 11215$1,079
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11215$1,389
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Listed for sale$2,689,000
2016-12-15Listing removed$3,200
2016-06-01Listing removed$2,200
2016-03-20Listed for rent$2,200
2011-11-10Listing removed$2,350
2011-09-15Listed for rent$2,350
2011-07-12Listing removed$2,350
2011-05-14Listed for rent$2,350
2000-07-20Sold$3,000
1999-03-30Sold$290,000

For Sale by Agent

AgentMeijuan (Minnie) Lin
BrokerageMomentum Real Estate LLC

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