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$2,450,000
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Property Description
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.
Full Property Details
Full Property Details for 490 16th St
General
- Price: $2,450,000
- Taxes: $7,682
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 980347
- Updated: 4/3/2026
- Added to Site: 53 day(s) ago
Interior
- Interior Features: First Floor Bedroom
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: On Street
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Radiant
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Detached/Attached: Attached
- Construction: Brownstone
- Basement: Yes
- Basement Desc.: Unfinished
- Building Size: 2400
- Square Feet: 2,400
- Year Built: 1901
Lot Features
- Lot Size (Acres): 0.0367
- Lot Size (Sq. Ft.): 1,600
Financial Considerations
- Tax Amount: $7,682.84
Disclosures and Reports
- Special Conditions: None
- Property ID: 01110-0040
Listed by Ben Bay Realty of Staten Isl.
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Schools
Schools serving 490 16th St
School District:New York City Geographic School District 15
| Name | Grades | Distance |
|---|---|---|
Windsor Terrace School (The) 1625 11th Avenue, Brooklyn, NY 11215 | K-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 490 16th St
Date
Details
Price
Change
Source
4/03/2026
Listed
$2,450,000
292%
MLS
9/04/2003
Sold
$625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 490 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,873
—
$149,100
280%
2025
$7,873
2%
$39,196
-73%
2024
$7,685
6%
$146,460
-9%
2023
$7,254
4%
$161,640
10%
2022
$6,985
-49%
$146,940
30%
2021
$13,752
99%
$113,460
-10%
2020
$6,914
2%
$126,120
-10%
2019
$6,749
16%
$139,500
364%
2017
$5,843
—
$30,097
5%
2017
$5,843
14%
$28,663
5%
2016
$5,133
2%
$27,228
—
2015
$5,013
5%
$27,219
2%
2015
$4,785
18%
$26,572
6%
2013
$4,055
—
$25,081
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 490 16th St
490 16th Street, Brooklyn, NY 11215 (MLS# 980347) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 490 16th Street is currently listed for $2,450,000 and was received on April 03, 2026. Want to learn more about 490 16th Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

