--- title: "245 16th Street #3, New York City, NY 11215" description: "245 16th Street #3, New York City, NY 11215 — Park Slope, New York City, NY. Listing Price $1,575,000. 2 bed, 2 bath, 1,139 sqft Illustrative Buyer Commission Share of $23,625 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/245-16th-street-3-ny-11215" source: "Real Estate Rebate Team" dateModified: "2026-09-03T17:38:36.885Z" status: "Active" --- # 245 16th Street #3, New York City, NY 11215 Park Slope, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: September 3, 2026, 1:38 PM ## At a Glance - **Listing Price**: $1,575,000 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,139 - **Common Charges**: $604 / mo - **Price per Sqft**: $1,383 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,575,000 - **Illustrative Buyer Commission Share**: -$23,625* - **Illustrative Net Cost**: $1,551,375 *Illustrative Buyer Savings of $23,625 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![245 16th Street #3, New York City, NY 11215 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b84aa49b-d1ee-4057-87b4-d6a8ad0b0183.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d95e979e-7ad1-4386-8f9b-893644d290a4.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eba92a86-16c1-48a3-b4cd-90643dcbe9de.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ba5af912-2f4d-45bd-bf0c-c445d06a1352.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7a97afc0-3127-4bcf-8423-b6b122b7d9e5.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/90bc71f5-cab5-4f97-ae63-32b7959f5295.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f05e68c0-dd8b-4399-8a6b-3a2c1df4bde0.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae679ba9-c93a-4aa5-a174-0f0de11e5243.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/800ae61f-bf97-4a73-a4f9-e76a7f2e0087.jpg) ![245 16th Street #3, New York City, NY 11215 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/498493d7-d80a-461c-a7ac-98d77d58258e.jpg) ## Property Overview Beautifully renovated and spacious two-bedroom, two-bathroom home offering multiple private outdoor spaces, including an incredible approximately 450-square-foot private garden, along with remarkably low carrying costs thanks to a tax abatement currently in place through 2033. Just one flight up, you're immediately greeted by south- and west-facing floor-to-ceiling windows, filling the living and dining area with natural light throughout the day and showcasing beautiful sunsets in the evening. Just off the living room, step directly onto the first of your private balconies-great for morning coffee, outdoor dining, or unwinding at the end of the day. The open kitchen features sleek cabinetry, stainless steel appliances, abundant storage, and an oversized quartz countertop with ample room for bar seating. Both bedrooms are generously sized and comfortably accommodate king-size beds. The primary suite features an en-suite bathroom, excellent closet space, and direct access to an additional private balcony and the approximately 450-square-foot private garden-a rare outdoor oasis with plenty of room for lounging, dining, and entertaining. A spacious second bedroom, large walk-in closet, second full bathroom, in-unit washer/dryer, and split-system air conditioning complete the home. From sunset views to your own private garden, Residence 3 offers a rare opportunity to enjoy true indoor-outdoor living in the heart of South Slope. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,139 sqft - **Stories**: 4 - **Year Built**: 2005 - **Price per Sqft**: $1,383 - **Common Charges**: $604 / Monthly - **Listed On**: Sep 3, 2026 - **Days on Market**: 1 Days ### Residence Features - Ductless - Washer Hookup - In Unit - Balcony - Garden - Private Outdoor Space Over 60 Sqft - High Ceilings - Walk-In Closet(s) - Dishwasher - City ## Sales Evidence ### How this price compares The median closed price for comparable condo two-bedroom sales in Park Slope is $1,540,000, based on 53 sales between September 2024 and June 2026. This home is asking $1,575,000, $35,000 above that median. The middle half of those sales closed between $1,365,000 and $1,695,000. - **Median closed price**: $1,540,000 - **Middle half**: $1,365,000 – $1,695,000 - **Based on**: 53 condo two-bedroom sales in Park Slope - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,574/ft² Across the 50 of these sales with a published asking price, the median closed at 100% of what it originally asked. 40% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Park Slope instead. ### How these sales were negotiated - **Sold vs original ask**: 100% of the original ask - **Closed below ask**: 40% of 50 sales - **Listed → in contract**: 35 days (about 5 weeks) - **In contract → closed**: 69 days (about 10 weeks) Across the 50 of these sales with a published asking price, the median closed at 100% of what it originally asked. 40% of them closed below the original ask. Half of these homes were in contract within 35 days (about 5 weeks) of coming to market, based on the 49 with a recorded listing date. Once a deal was agreed, closing took a further 69 days (about 10 weeks), based on the 49 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 53 condo two-bedroom sales in Park Slope, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house two-bedroom sales in Park Slope, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,325,000 | 28 | | 2018 | $1,201,250 | 16 | | 2021 | $1,155,000 | 37 | | 2022 | $1,852,500 | 34 | | 2023 | $1,292,500 | 14 | | 2024 | $1,442,500 | 16 | | 2025 | $1,465,000 | 27 | | 2026 | $1,590,000 | 19 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Park Slope instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 245 16TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/245-16th-street) ## About The Building ### 245 16th Street 245 16th Street, Brooklyn, NY 11215 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2005 - **Total Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/245-16th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/245-16th-street-3-ny-11215) | 2 | 2 | 1,139 sqft | $1,383 | $1,575,000 | Douglas Elliman Real Estate | Sep 3, 2026 | 1 days | ## Estimated Monthly Payment **$8,568 / month**, assuming a 20% down payment ($315,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,964 - **Common Charges**: $604 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Park Slope Overview of Park Slope [Explore Park Slope](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Park Slope - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Carroll Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens) ## Related Links - [245 16TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/245-16th-street) - [Park Slope neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.