new - 5 days on rocket

547 16th St, Brooklyn, NY, 11215

$2,449,000

Home List Price

$10,000*

Closing Credit

2 Full Baths
2,014 SqFt
$1,216/SqFt
Multi

Location

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547 16th St, Brooklyn$2,449,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking4 Spaces, Built-In Garage, Shared Drive
Year Built1965
HeatingOther
CoolingOther
FireplaceOther
MLS #488298
StatusActive

About 547 16th St

19-Foot-Wide Fully Detached Brick Home – A rare find with possibilities. Bring your designer and explore the possibilities at 16th Street’s “Carriage House”, a rare fully detached two-family home enjoying light on four sides and situated on one of the neighborhood’s most inviting blocks. Thoughtfully maintained by the same owners for 40 years, the current home is roughly 19 ft x 53 ft on two stories and sits on a large 25 ft x 100 ft lot. Parking is possible for up to 3-4 vehicles thanks to the garage and roughly 500 sqft of flexible outdoor space in the front, plus 950 sqft in the back. The large lot also allows for 3,375 total buildable sqft. Around the corner from the 10th Avenue entrance to Olmsted’s Prospect Park, the property is zoned for The Windsor Terrace School (P.S. 154) and is central to notable neighborhood restaurants, cafes/bakeries, artisanal markets, and conveniences. Subway transportation at 15 St-Prospect Park (F/G). Delivered vacant. Architect Study available upon request. All sizes, measurements, and floor plans are approximate and should be independently verified.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 2,014 SqFt

Listing Office:

  • Office Name: MadisonEstates Sothebys Realty

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No
  • Flooring Type: Other
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Parking: 4 Spaces, Built-In Garage, Shared Drive

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,449,000
  • Price Per SqFt: $1,216/SqFt

Tax Information:

  • Annual Amount: $11,091
  • Tax Year: 2020
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Housing Market Comparison

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

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Brooklyn, NY

City

Med. Sold Price

$987.3K

Med. Price/SqFt

$714

Avg. Days On Market

88

# of Sold Homes

475

547 16th St vs Brooklyn

5 DAYS ON ROCKET

-83 Days

$2,449,000

+$1.4M More

$1,216/SqFt

+$501 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $501/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488298

Listing Office:

  • Office Name: MadisonEstates Sothebys Realty

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2025 Brooklyn Multiple Listing Service. 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: 1/7/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,091$123,120
2019$11,091$123,120
2018$9,976$49,432
2017$9,253$48,936

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,409

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NMLS#3030

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-821487
9
/10

  • P.S. 107 John W. Kimball School

  • 1301 8th Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-821488
8
/10

  • Magnet School of Math, Science & Design Technology

  • 511 7th Ave

  • 0.50 miles

  • Public Magnet Grades KG-5

school-card-donut-821489
7
/10

  • P.S. 295 Brooklyn

  • 330 18th St

  • 0.59 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,699. Typical income of Brooklyn, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11215›547 16th St

This home is located at 547 16th St in Brooklyn, NY and zip code 11215 in the South Brooklyn neighborhood. This 2,014 square foot home was built in 1965. Features: 2 bathrooms. It has been listed on Rocket Homes since January 01, 2025 and is currently priced at $2,449,000.

Over 40 listings were sold over their listed price in December 2024 in Brooklyn, NY. In the same period over 178 listings were sold below the listed price and 257 listings were sold for the listed price. In December 2024 in Brooklyn, NY there were 10.4% less homes for sale than in November 2024. Listings spent 88 days on the market in December 2024, and had a median list price of $987,395 during the same period.

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

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