---
title: "10516 Flatlands 4th Street, New York City, NY 11236"
description: "10516 Flatlands 4th Street, New York City, NY 11236 — Multi Family Home in Canarsie, Brooklyn, NY. Listing Price $1,100,000. In contract 5/27/2026. 5 bed, 4 bath, 2,000 sqft Illustrative Buyer Commission Share of $16,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11236/10516-flatlands-4th-street-ny-11236"
source: "Real Estate Rebate Team"
dateModified: "2026-09-12T02:42:47.853Z"
status: "Pending"
---

# 10516 Flatlands 4th Street, New York City, NY 11236

Multi Family Home in Canarsie, Brooklyn, NY

Courtesy of Keller Williams Realty Empire

Last updated: September 11, 2026, 10:42 PM

## At a Glance

- **Listing Price**: $1,100,000
- **Status**: In contract 5/27/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 5
- **Baths**: 4
- **Sqft**: 2,000
- **Monthly Taxes**: $583 / mo
- **Price per Sqft**: $550
- **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**: $1,100,000
- **Illustrative Buyer Commission Share**: -$16,500*
- **Illustrative Net Cost**: $1,083,500

*Illustrative Buyer Savings of $16,500 — 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)

![10516 Flatlands 4th Street, New York City, NY 11236 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cdcc8c05-7528-4f06-8fd5-93af257e1182.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e2638a72-0fb7-42d6-9f0e-03656074a01e.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3769259b-04da-4b62-8102-b138c09fb84f.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/11c4472d-0b44-4f70-bf2f-695061fd7d38.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c2f8697b-3b25-4fc8-9a9b-8ebaaf535ca4.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/afd4bff9-0474-4c88-a275-41731edd9888.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/299c9044-d336-48cd-8f00-cf29b64d4cc4.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5bc43e06-1943-49d5-bbbe-07e10509ee1b.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/faf0a7d9-c3fd-4a42-a080-6493635bbb54.jpg)
![10516 Flatlands 4th Street, New York City, NY 11236 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/682557a9-b2ec-4616-bced-7a02c876924c.jpg)

## Property Overview

A moment frozen in time, this charming two-family home in Canarsie marries classic mid-century character with smart, income-ready functionality. Meticulously maintained across multiple levels, the property offers flexible living arrangements that suit an owner-occupant who wants rental income or a home homeowner that wants to create their dream home. Rich preserved craftsmanship - think mirrored accent walls, decorative tile floors, stained-glass cabinetry and bold period details gives the interior a memorable, one-of-a-kind personality you won’t find in cookie-cutter listings. The thoughtful layout, with multiple kitchens and living rooms, easily accommodates extended family, a live-work setup, or steady rental tenants, so you get both comfortable, spacious living and strong income potential.

The thoughtful layout is spread across multiple levels to maximize privacy and income potential: the first floor opens into a generous 2-bedroom, 1-bath unit with an eat-in kitchen and an open living/dining flow—ideal as a rental or in-law suite; the upper unit is a bright duplex featuring a full living room, an eat-in kitchen with a cozy breakfast nook, a balcony that brings in light and a convenient half bath; the top level offers 3 bedrooms and a full bath, anchored by a primary suite with an ensuite bath and walk-in closet. All together the home delivers flexible living arrangements and room to personalize, so bring your contractor and create your dream home. The basement is full finished and includes a laundry room, full bathroom and access to the backyard. All mechanicals have been upgraded. Low annual taxes approx. 7,000/yr. Transportation includes access to the belt parkway, local buses along Flatlands Ave and L-train at Rockaway Parkway/Canarsie. The search is over, finally welcome home!

## Property Details

- **Property Type**: Multi Family
- **Beds**: 5
- **Baths**: 4
- **Rooms**: 10
- **Sqft**: 2,000 sqft
- **Stories**: 3
- **Year Built**: 1955
- **Price per Sqft**: $550
- **Monthly Taxes**: $583 / mo
- **Listed On**: May 3, 2026
- **Days on Market**: 137 Days

### Residence Features

- Wall Unit(s)
- Common Area
- Balcony
- Private Outdoor Space Under 60 Sqft

## Estimated Monthly Payment

**$6,146 / month**, assuming a 20% down payment ($220,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,562
- **Property Taxes**: $583

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### How this price compares

- **This home**: $1,100,000
- **Median sold price**: $700,000
- **Difference**: +$400,000 (+57.1%)
- **This home, $/ft²**: $550
- **Median $/ft²**: $549
- **Comparable sales**: 7
- **Sales from**: April 2022 – August 2026
- **Middle half of those sales**: $663,250 – $1,015,000

Based on house sales in Canarsie.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Canarsie. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sale-to-list price**: 100% (5 sales)
- **Sold below asking**: 40% (5 sales)
- **Typical time to find a buyer**: 59 days (6 sales)
- **Typical time to close**: 78 days (6 sales)

Based on house sales in Canarsie with the required listing and closing data. Sample sizes vary by metric.

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.

Sales data through August 2026.

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 10516 Flatlands 4th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/10516-flatlands-4th-street)

## Price and Property History for 10516 Flatlands 4th Street

Review the recorded listing activity for 10516 Flatlands 4th Street, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $79,000, or 6.7%, on September 11, 2026
- **Originally listed**: May 3, 2026 at $1,179,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 11, 2026 | $1,100,000 | Asking price reduced by $79,000, or 6.7% |
| August 31, 2026 | $1,179,000 | Asking price increased by $79,000, or 7.2% |
| August 29, 2026 | $1,100,000 | Asking price reduced by $79,000, or 6.7% |
| July 8, 2026 | $1,179,000 | Returned to the market |
| May 27, 2026 | $1,100,000 | Entered contract |
| May 3, 2026 | $1,179,000 | Listed for sale by Keller Williams Realty Empire |

## Property Tax History

Taxes at 10516 Flatlands 4th Street were $8,590 in 2026, up 6.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $62,160 | $9,960 | $52,200 | $42,769 | $8,590 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $64,260 | $9,960 | $54,300 | $40,349 | $8,104 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $54,660 | $9,960 | $44,700 | $40,349 | $8,104 | 20.085% |
| 2023 (FY 2023/24) | $54,660 | $9,960 | $44,700 | $40,045 | $8,043 | 20.085% |
| 2022 (FY 2022/23) | $44,760 | $9,960 | $34,800 | $37,779 | $7,673 | 20.309% |
| 2021 (FY 2021/22) | $40,260 | $9,960 | $30,300 | $35,641 | $7,115 | 19.963% |
| 2020 (FY 2020/21) | $44,820 | $9,960 | $34,860 | $33,624 | $7,076 | 21.045% |
| 2019 (FY 2019/20) | $37,680 | $9,960 | $27,720 | $33,624 | $7,117 | 21.167% |
| 2018 (FY 2018/19) | $33,371 | — | — | $33,371 | $6,981 | 20.919% |
| 2017 (FY 2017/18) | $31,483 | — | — | $31,483 | $6,418 | 20.385% |
| 2016 (FY 2016/17) | $29,701 | — | — | $29,701 | $5,938 | 19.991% |
| 2015 (FY 2015/16) | $28,020 | — | — | $28,020 | $5,479 | 19.554% |
| 2014 (FY 2014/15) | $28,020 | — | — | $28,020 | $5,368 | 19.157% |
| 2013 (FY 2013/14) | $28,020 | — | — | $28,020 | $5,377 | 19.191% |
| 2012 (FY 2012/13) | $30,674 | — | — | $30,674 | $5,696 | 18.569% |
| 2011 (FY 2011/12) | $28,939 | — | — | $28,939 | $5,268 | 18.205% |
| 2010 (FY 2010/11) | $27,302 | — | — | $27,302 | $4,741 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3082530011. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 10516 Flatlands 4th Street

10516 Flatlands 4th Street, Brooklyn, NY 11236

A building in the neighborhood, currently featuring 0 active listings.

- **Year Built**: 1955
- **Active Units**: 0
- **Floors**: 3

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/10516-flatlands-4th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11236/10516-flatlands-4th-street-ny-11236) | 5 | 4 | 2,000 sqft | $550 | $1,100,000 (-6.7%) — In contract | Keller Williams Realty Empire | May 3, 2026 | 136 days |

## Canarsie

Overview of Canarsie

[Explore Canarsie](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/canarsie) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Canarsie

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- [Jamaica Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/jamaica-bay)

## Related Links

- [10516 Flatlands 4th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/10516-flatlands-4th-street)
- [Canarsie neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/canarsie)
- [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.