1 month on rocket

318 E 16th St, New York City, NY, 11226

$2,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,563 SqFt
$819/SqFt
Multi

Location

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318 E 16th St, New York$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
MLS #OLRS-0088626
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.<br><br>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 Café 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.<br><br>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. The private driveway can fit 3 cars and there’s a garage.<br><br>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.<br><br>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!

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar, Walk-Up
  • Year Built: 1920
  • Living Area: 2,563 SqFt

Listing Office:

  • Office Name: ONE ELEAZAR LLC
  • Office Phone: (917) 443-4012
  • Listing Agent: EUISUN PYUN
  • Agent Phone: (917) 443-4012

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Garden

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $819/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

318 E 16th St vs New York

35 DAYS ON ROCKET

-49 Days

$2,100,000

+$1.2M More

$819/SqFt

+$174 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $174/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #OLRS-0088626

Listing Office:

  • Office Name: ONE ELEAZAR LLC
  • Office Phone: (917) 443-4012
  • Listing Agent: EUISUN PYUN
  • Agent Phone: (917) 443-4012

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 11/16/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-90088
7
/10

  • P.S. 245 Brooklyn

  • 249 E 17th St

  • 0.15 miles

  • Public Magnet Grades 1-5

school-card-donut-90089
6
/10

  • P.S. 139 Alexine A. Fenty School

  • 330 Rugby Rd

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-90090
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 New York, NY residents have income between $100k-200k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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

This home is located at 318 E 16th St in New York City, NY and zip code 11226 in the Ditmas Park neighborhood. This 2,563 square foot home was built in 1920. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $2,100,000.

Over 269 listings were sold over their listed price in October 2024 in New York, NY. In the same period over 833 listings were sold below the listed price and 850 listings were sold for the listed price. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $856,124, while the average time on the real estate market was 84 days.

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

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