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for saleRealtyLens property overview
$999,000
475 16th St
Brooklyn, NY, 11215
View more Brooklyn, NY property pages16Beds
8Baths
6,840Sqft
$146$/sqft
Market Insights
Below nearby median-90%
$146/sqft vs a nearby median of $1395/sqft.
Nearby median$1395/sqft
Nearby properties8
Property size6,840 sqft
- -90% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 6,840 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$8.83M$7.96M – $9.69M · 42% confidence
vs ask $999k−$7.83M (−783.5%)
Asking price is about 783.5% below the fair value — likely to draw competing offers if it's still on market.
$1,395/sqft median across 3 tight comps × 6,840 sqft= $9.54M
- Open Class C HPD violations−$573k −6.0%
- Visible condition issues−$477k −5.0%
- Transit access+$382k +4.0%
- Days-on-market gravity−$286k −3.0%
- Pre-war character+$239k +2.5%
Cumulative NYC adjustments−$716k−7.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 278 days
- Last price change
- No change recorded
- Listed
- Aug 7, 2025
- Photos
- 6 photos
- Property type
- multi family
- Status
- for sale
Building Facts
- Year built
- 1920
- Stories
- 4
- Total units
- 8
- Residential units
- 8
- Building area
- 6,112 sqft
- Lot size
- 2,850 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C1
From NYC public records where available.
Price History
May 4, 2026Initial record
$999,000for sale
Public Records
DOB violations29 open
29 total recorded against the building
HPD violations174 open
30 class C (immediately hazardous)
ACRIS documents10
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)29,787
Top: illegal parking
Top complaint types in ZIP 11215
- Illegal Parking6,054
- HEAT/HOT WATER2,144
- Street Condition1,124
- Noise - Residential942
- Snow or Ice941
Recent DOB
- Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Sep 23, 2024V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- May 1, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Mar 24, 2026Class A · § 27-2005 ADM CODE PAINT METAL IN ACCORDANCE WITH DEPT. REGULATION CORNICE AT FRONT OF BUILDING
- Nov 19, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 6, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.