Receiver Sale: 2729-2731 West 16th Street, Brooklyn, NY
Property Snapshot:
• 2-story multifamily building and a 1-story warehouse located in Coney Island, Brooklyn, NY
• 2,228 sq ft multifamily building, consisting of 3 residential units
• 2,000 sq ft warehouse
• 60 ft of frontage along W 16th Street
• Redevelopment opportunity under existing M1-2 zoning, which permits a variety of commercial and industrial uses, with additional upside from potential future upzoning
• Situated two and a half blocks from Maimonides Park, Luna Park, and the boardwalk
• Short walk to the Coney Island-Stillwell Ave Subway Station (D, F , N, Q trains)
• Nearby retail and dining include: Home Depot, Food Bazaar, Totonno’s, Lone Star Gourmet Market, Milk & Honey Cafe, and Nathan’s Famous
Active
$2,150,000
2729 W 16th St, Brooklyn, NY 11224
--beds
--baths
2,228sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$965/sqft
$-- HOA
What's special
- 2 days |
- 40 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Northgate Real Estate Group 212-419-8103,
Greg Corbin
Source: StreetEasy,MLS#: S1837161
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Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 2,228
- Total interior livable area: 2,228 sqft
Property
Details
- Parcel number: 069960030
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: Coney Island
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $965/sqft
- Tax assessed value: $971,000
- Annual tax amount: $6,654
- Date on market: 7/10/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$3,837/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listed for sale | $2,150,000-14%$965/sqft |
Source: StreetEasy #S1837161 Report a problem | ||
| 7/1/2026 | Listing removed | $2,500,000$1,122/sqft |
Source: | ||
| 3/11/2025 | Listed for sale | $2,500,000+108.3%$1,122/sqft |
Source: | ||
| 5/2/2019 | Sold | $1,200,000+126.4%$539/sqft |
Source: Public Record Report a problem | ||
| 8/23/2004 | Sold | $530,000$238/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,654 -0.2% | $58,260 -1.5% |
| 2024 | $6,670 | $59,160 -18.5% |
| 2023 | -- | $72,600 +14.6% |
| 2022 | -- | $63,360 +18.7% |
| 2021 | -- | $53,400 +19.6% |
| 2020 | $5,915 +1% | $44,640 -9.6% |
| 2019 | $5,858 +7.2% | $49,380 +89% |
| 2018 | $5,465 +8.7% | $26,126 +5.9% |
| 2017 | $5,027 +10.4% | $24,661 +5.9% |
| 2016 | $4,554 | $23,288 |
| 2015 | $4,554 +62.3% | $23,288 +1% |
| 2014 | $2,806 | $23,064 +5.9% |
| 2013 | -- | $21,772 +5.9% |
| 2012 | -- | $20,551 +5.9% |
| 2011 | -- | $19,407 |
| 2010 | -- | $19,407 +1% |
| 2009 | -- | $19,220 +5.9% |
| 2008 | -- | $18,144 +5.9% |
| 2007 | -- | $17,126 +5.9% |
| 2006 | -- | $16,173 |
| 2005 | -- | $16,173 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Coney Island
Nearby schools
GreatSchools rating
- 10/10Ps 90 Edna Cohen SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Is 303 Herbert S EisenbergGrades: 6-8Distance: 0.6 mi
- NALiberation Diploma PlusGrades: 9-12Distance: 0.2 mi
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