1485 East 16TH Street #1J, New York City, NY 11230
Listing Courtesy of Corcoran Group
$200,000
Potential Rebate: $3,000
Overview
Sponsor Unit - Rare, Spacious Studio in Prime Midwood<br> <br> Welcome to 1485 East 16th Street, Unit 1J, a unique and generously sized 2-room studio nestled in the heart of Midwood. Priced to sell, this sponsor unit offers unbeatable value and charm. Step into a grand foyer-perfectly suited for a home office or cozy sitting area-before entering the expansive main living space, ideal for creating your own serene oasis. The separate eat-in kitchen provides both functionality and space, while the oversized walk-in closet (with a second closet inside!) ensures exceptional storage. Bathed in natural southern light, this home features large windows throughout, adding warmth and brightness to every corner. Character and potential abound in this rare gem. Conveniently located just a few blocks from the B and Q trains, commuting and exploring Brooklyn and Manhattan is a breeze.<br> <br> Don't miss this opportunity to own a spacious, character-filled unit in a well-maintained building in one of Brooklyn's most desirable neighborhoods.
Estimated Monthly Payment
$1,396 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$3,000
Monthly savings impact
$8/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).
Similar Homes
1170 Ocean Parkway #6A, New York City, NY 11230
Listing Courtesy of Compass
414 Elmwood Avenue #6H, New York City, NY 11230
Listing Courtesy of Compass
1350 East 5th Street #1H, New York City, NY 11230
Listing Courtesy of Bond New York Properties LLC
1170 Ocean Parkway #11L, New York City, NY 11230
Listing Courtesy of Compass
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
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 #RLS20064101
Price Analysis
Compare average listing prices and value metrics for 1485 East 16TH Street against the surrounding Midwood market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
76.50% Lower
than the Midwood price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Midwood
Overview of Midwood
Midwood is the quiet giant of Brooklyn. A sprawling, tree-lined neighborhood known for its suburban feel, high-quality schools, and diverse religious communities. For buyers seeking Midwood Brooklyn real estate, it offers large detached homes on leafy streets.
Living in Midwood is calm. It is a place of families, porches, and private driveways. As a central Brooklyn NYC neighborhood, it is a stable, upscale residential enclave.
Real Estate & Housing Market
The market for homes for sale in Midwood features large detached Victorians and Colonials, as well as luxury co-ops along Ocean Parkway.
It is expensive but offers more for the money than the brownstone belt. The housing stock is exceptionally well-maintained.
Lifestyle & Community
The lifestyle in Midwood is focused on home and family. Shopping is concentrated on Kings Highway and Avenue J, featuring diverse kosher restaurants and boutiques.
The community has a large Orthodox Jewish population, as well as many other diverse groups.
Transportation & Accessibility
Midwood is served by the Q and B trains (express) and the F train. The commute is reasonable (35-40 mins to Midtown).
Ocean Parkway is a major thoroughfare for drivers.
Parks, Schools & Amenities
Midwood is home to Brooklyn College nearby, and the tree-lined Ocean Parkway bike path is a major recreational asset.
Amenities: Di Fara Pizza (arguably the best in NYC) is located here, drawing pilgrims from all over the world.
Who This Neighborhood Is Best For
Midwood is best for large families, those seeking a suburban lifestyle within NYC, and pizza enthusiasts.
