2 months on rocket

318 E 16th St, Brooklyn, NY, 11226

$2,100,000

Home List Price

$10,000*

Closing Credit

2 Partial Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

318 E 16th St, Brooklyn$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingPrivate, Driveway
Year Built1920
HeatingElectric
CoolingCentral Air
MLS #L3583333
StatusActive

About 318 E 16th St

Experience modern elegance in historic Ditmas Park! This stunning, completely renovated two-family Victorian gem on East 16th Street is a rare find, designed for luxurious living. Just steps from vibrant Cortelyou Road, this turnkey double duplex home offers both charm and modern convenience. The lower duplex boasts a spacious living room with soaring 9.5 ft ceilings, flowing seamlessly into a dining area and a chef's dream kitchen. Outfitted with custom wood cabinetry, sleek Caesarstone countertops, and a show-stopping oversized waterfall island with an integrated sink and bar, the kitchen is perfect for entertaining. All kitchen appliances are from the GE Caf? line. For added convenience, a butler's pantry offers ample storage. All washers and dryers are LG. Step outside to your private backyard, ideal for outdoor relaxation and entertaining. The primary bedroom features an ensuite half bath and the second bedroom is located next to a half bath. Plus, a finished basement with a full bath provides flexible living space. Upstairs, the second unit exudes charm with an open-plan living area, two spacious bedrooms (including a primary bedroom with an ensuite half-bath), and a full bath. Step out onto the expansive deck, perfect for soaking in views of the picturesque tree-lined street. The exceptionally large third floor offers a bright, versatile space for a family room, home office, or additional bedroom. This home could be used as a single-family dwelling. The private driveway can fit 3 cars and there's a garage. This home has been meticulously gut-renovated, featuring a new roof, plumbing, electrical systems, tankless water heaters, hardwood flooring, split-system heating and cooling, insulation, windows, video intercom system, and appliances. Ideally located just minutes from Cortelyou Road's shopping and dining, and with easy access to the Q train for a quick Manhattan commute, this Victorian masterpiece offers the best of Brooklyn living. Don't miss your chance to own this rare and beautiful home-schedule your private viewing today! Floor plan coming soon., Additional information: Interior Features:Marble Bath

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1920

Listing Office:

  • Office Name: One Eleazar LLC
  • Office Phone: (929) 630-2655

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen, First Floor Bedroom, Marble Counters

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Playground

Parking Information:

  • Parking: Private, Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000

Tax Information:

  • Annual Amount: $8,263
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Map thumbnail provided by MapBox

Brooklyn, NY

City

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

318 E 16th St vs Brooklyn

74 DAYS ON ROCKET

-37 Days

$2,100,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3583333

Listing Office:

  • Office Name: One Eleazar LLC
  • Office Phone: (929) 630-2655

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 2:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 27, 2006Home Sold
$1,330,000
Jan 06, 2006Home Sold
$830,000
Jan 06, 2006Home Sold
$580,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,263$113,760
2019$8,262$113,760
2018$7,450$36,825
2017$6,892$36,546

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6215
7
/10

  • P.S. 245 Brooklyn

  • 249 E 17th St

  • 0.15 miles

  • Public Magnet Grades 1-5

school-card-donut-6216
6
/10

  • P.S. 139 Alexine A. Fenty School

  • 330 Rugby Rd

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-6217
4
/10

  • P.S. 889 Brooklyn

  • 21 Hinckley Pl

  • 0.39 miles

  • Public District Grades PK-KG

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,649. The majority of Brooklyn, NY residents have income between $100k-200k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11226›318 E 16th St

This home is located at 318 E 16th St in Brooklyn, NY and zip code 11226 in the Ditmas Park neighborhood. This home was built in 1920. Features: 2 bathrooms. It has been listed on Rocket Homes since October 05, 2024 and is currently priced at $2,100,000.

Over 28 listings were sold over their listed price in November 2024 in Brooklyn, NY. In the same period over 161 listings were sold below the listed price and 196 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between October 2024 and November 2024 decreased by 10.5%. Listings spent 111 days on the market in November 2024, and had a median list price of $979,913 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources