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Executive Summary

Located in the highly desirable Ditmas Park neighborhood just off Cortelyou Road, this detached turn-of-the-century three-story Victorian home sits proudly on a generous 50 x 100 lot, offering both timeless charm and exceptional potential. Showcasing original parquet floors, intricate moldings, and classic pocket doors, the residence is rich in historic detail and character throughout. An expansive, open front porch provides the perfect setting for relaxing or entertaining while enhancing the home’s classic Victorian appeal. This property presents a remarkable investment opportunity and true money maker, ideal for end-users or investors seeking value and upside. Additional features include a full storage basement, a private driveway, and a spacious rear yard complemented by a detached garage, creating a rare combination of space, privacy, and convenience. Perfectly positioned right around the corner from a vibrant mix of restaurants, cafes, and shops, as well as convenient access to the Q train and B103 along Cortelyou Road, this location offers the best of Brooklyn living.

Property Facts

Price $2,000,000
Price Per Unit $1,000,000
Sale Type Investment
Cap Rate 5%
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.11 AC
Building Size 3,315 SF
Average Occupancy 100%
No. Stories 3
Year Built 1899
Zoning R3X
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100
  • Listing ID: 39876701

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 351 E 16th St, Brooklyn, NY 11226

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