231 16TH Street #1A, New York City, NY 11215
Listing Courtesy of Corcoran Group
$899,000
Potential Rebate: $13,485
Overview
Welcome to unit 1A at 231 16th Street, an 1,100 sqft duplex condo featuring private outdoor space! Previously used as a two-bedroom, this thoughtfully designed two-level layout offers multiple living areas and versatile options. <br> <br> Upon entering, you are greeted by south-facing floor-to-ceiling windows that flood the first floor with natural light. Hardwood floors extend through the living and dining spaces into the kitchen, which boasts stainless steel appliances, granite countertops and island and updated cabinets. This level also includes a full bathroom with a tub and a spacious coat closet. <br> <br> The lower-level spans over 650 sqft and provides ample space for customization. It features a large room that can serve as a second living area, playroom, gym, or media room. Additionally, there are two rooms that were previously used as bedrooms, each with a closet and access to a private patio through large sliding glass doors. This level also includes another full bathroom, a washer and dryer and a sizable walk-in closet for storage. <br> <br> This boutique, self-managed 8-unit condo benefits from a tax abatement until 2033. Conveniently situated on 16th Street between 5th and 6th Avenues, you're close to all shops and restaurants along 5th Avenue. Just two blocks from the subway, this location offers exceptional convenience and is ready for you to make it your new home.
Home Features
- •Washer Hookup
- •In Unit
- •Washer Dryer Allowed
Estimated Monthly Payment
$5,055 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$13,485
Monthly savings impact
$37/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listing Courtesy of Corcoran Group
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20061271
Price Analysis
Compare average listing prices and value metrics for 231 16TH Street against the surrounding Park Slope market.
Average List Price
Price Per SqFt
50.71% Lower
than the Park Slope price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Park Slope
Overview of Park Slope
Park Slope is the quintessential family neighborhood of New York. Famous for its miles of brownstones, the expansive Prospect Park, and its progressive, literary vibe, it is often voted one of the best neighborhoods in America. For buyers seeking Park Slope Brooklyn real estate, it is the ultimate blend of beauty, community, and green space.
Living in Park Slope is idyllic. The avenues (5th and 7th) are lined with independent shops and strollers. As a premier Brooklyn NYC neighborhood, it sets the standard for brownstone living.
Real Estate & Housing Market
The market for homes for sale in Park Slope is premium. The "Gold Coast" along Prospect Park West features limestone mansions, while the side streets offer classic brownstones and co-ops.
Prices are high, especially for properties zoned for PS 321. It is a stable, high-value market that attracts families moving from Manhattan.
Lifestyle & Community
The lifestyle in Park Slope is active and community-focused. Residents spend weekends in Prospect Park, shop at the Park Slope Food Coop (if they are members), and dine at farm-to-table restaurants.
The community is known for being liberal, educated, and civic-minded. It is a "small town" within the big city.
Transportation & Accessibility
Park Slope is served by the F, G, R, 2, 3, B, and Q trains (depending on where in the slope you are). Commuting to Midtown takes 25-35 minutes.
The F train at 7th Avenue is the central hub for the neighborhood.
Parks, Schools & Amenities
Prospect Park is the neighborhood's backyard. Designed by the same creators as Central Park, it offers a zoo, a lake, and huge meadows. It is the center of life here.
Amenities are incredible: the Park Slope Food Coop, the Brooklyn Public Library, the Botanic Garden, and excellent public schools make it a self-contained paradise.
Who This Neighborhood Is Best For
Park Slope is best for families, writers, runners, and anyone who prioritizes parks, schools, and community over nightlife.
