RealtyLens
for saleRealtyLens property overview
$2,450,000

490 16th St

Brooklyn, NY, 11215
View more Brooklyn, NY property pages
6Beds
3Baths
2,400Sqft
$1021$/sqft

Listing Notes

Welcome to Windsor Terrace, Brooklyn - Historic 2-Family Brownstone Nestled on a quiet, tree-lined block, this classic 2-family brownstone offers space, charm, and endless potential-perfect for end-users and investors alike. The garden apartment features 2 bedrooms, a spacious living room, formal dining room, eat-in kitchen, and a full bathroom. The large backyard offers a rare opportunity to create your own private outdoor retreat. The upper duplex (2nd & 3rd floors) provides exceptional flexibility. The 2nd floor includes 2 bedrooms, a bright living room, a study/home office, and a full bathroom. The 3rd floor features 2 additional bedrooms, a living room, eat-in kitchen, study, and another full bathroom-ideal for extended living or strong rental income potential. There is also access from the garden apartment to the 2nd floor, offering the option to create a duplex while keeping the 3rd floor as a separate apartment, or convert the property into a full 3-story single-family home-giving you multiple layout possibilities. A full unfinished basement adds additional storage and future potential. Located just around the corner from Prospect Park, Windsor Terrace is known for its historic homes, tree-lined streets, and easy access to local shops, dining, and the F & G trains-just minutes to the city. A rare opportunity for both homeowners and investors to own a piece of Brooklyn history in a prime location.

Market Insights

Below nearby median-27%

$1021/sqft vs a nearby median of $1395/sqft.

Nearby median$1395/sqft
Nearby properties12
Property size2,400 sqft
  • -27% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,400 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.42M$3.11M$3.72M · 50% confidence
vs ask $2.45M−$965k (−39.4%)

Asking price is about 39.4% below the fair value — likely to draw competing offers if it's still on market.

$1,395/sqft median across 8 tight comps × 2,400 sqft= $3.35M
  • Transit access+$134k +4.0%
  • Visible condition issues−$117k −3.5%
  • Pre-war character+$84k +2.5%
  • Virtually staged−$33k −1.0%
Cumulative NYC adjustments+$67k+2.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-27% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
40 days
Last price change
No change recorded
Listed
Apr 2, 2026
Photos
21 photos
Property type
multi family
Status
for sale

Features & Amenities

Hardwood FloorsTwo Or More StoriesBasementBig YardRental PropertyHome OfficeOfficeDen Or OfficeDenShopping

Photos

Building Facts

Year built
1901
Stories
2
Total units
2
Residential units
2
Building area
2,000 sqft
Lot size
1,600 sqft
Land use
One and two family buildings
Building class
B3

From NYC public records where available.

Price History

May 4, 2026Initial record
$2,450,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents10

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)29,819

Top: illegal parking

Top complaint types in ZIP 11215

  • Illegal Parking6,063
  • HEAT/HOT WATER2,144
  • Street Condition1,124
  • Noise - Residential944
  • Snow or Ice941

Recent Transfers (ACRIS)

  • Jun 2, 1986DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.