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    • Price cut: $76K (6/19)
    $1,799,000

    1602 Avenue R, Brooklyn, NY 11229

    6beds
    2,800sqft
    Loading
    Multi Family
    Built in 2019
    -- sqft lot
    $-- Zestimate®
    $643/sqft
    $-- HOA

    What's special

    Newly built in 2020, 1602 Avenue R (aka 1803 East 16th Street) is a fully income-producing 3-family property located in the heart of Brooklyn. The property consists of three well-designed apartments. Units 2 and 3 each offer 2 bedrooms and 1 full bathroom, while Unit 1 is a spacious duplex connected to the basement featuring 2 bedrooms, 1.5 bathrooms, and a large recreational room. This modern investment property offers strong income potential and low-maintenance newer construction. Full rent roll and operating expenses available upon request.
    82 days
    |
    338
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    American Homes Group Inc 646-327-0204,

    Michael Mizrahi

    Source: StreetEasy,MLS#: S1828453

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,800
      • Total interior livable area: 2,800 sqft

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Balcony
      • Has view: Yes
      • View description: City
      Details
      • Parcel number: 068210101
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 2019

      Community & HOA

      Community
      • Subdivision: Homecrest
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $643/sqft
      • Tax assessed value: $1,767,000
      • Annual tax amount: $10,392
      • Date on market: 5/14/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,522/mo

        Price history

        DateEventPrice
        6/19/2026Price change$1,799,000-4.1%$643/sqft
        Source: StreetEasy #S1828453 Report a problem
        5/14/2026Listed for sale$1,875,000-1.3%$670/sqft
        Source: StreetEasy #S1828453 Report a problem
        4/30/2026Listing removed$1,899,000$678/sqft
        Source: StreetEasy #S1797574 Report a problem
        2/2/2026Price change$1,899,000-5%$678/sqft
        Source: BNYMLS #496908 Report a problem
        1/13/2026Price change$1,999,000-4.8%$714/sqft
        Source: BNYMLS #496908 Report a problem
        12/17/2025Price change$2,100,000-12.5%$750/sqft
        Source: BNYMLS #496908 Report a problem
        11/24/2025Price change$2,400,000-7.7%$857/sqft
        Source: BNYMLS #496908 Report a problem
        10/27/2025Listed for sale$2,600,000+421%$929/sqft
        Source: BNYMLS #496908 Report a problem
        10/4/2010Listing removed$499,000$178/sqft
        Source: TALK OF THE TOWN REALTY CORP. #345624 Report a problem
        5/20/2010Listed for sale$499,000$178/sqft
        Source: TALK OF THE TOWN REALTY CORP. #345624 Report a problem
        3/13/2010Listing removed$499,000$178/sqft
        Source: TALK OF THE TOWN REALTY CORP. #345624 Report a problem
        12/19/2009Price change$499,000+35.2%$178/sqft
        Source: TALK OF THE TOWN REALTY CORP. #345624 Report a problem
        9/2/2009Listed for sale$369,000-29%$132/sqft
        Source: TALK OF THE TOWN REALTY CORP. #345624 Report a problem
        1/20/2006Sold$520,000$186/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,393 -0.5%$106,020 +26.6%
        2024$10,441 $83,760 +13.1%
        2023-- $74,040 +22.2%
        2022-- $60,600 +29.5%
        2021-- $46,800 +34%
        2020$2,126 +6%$34,920 +268.4%
        2019$2,006 $9,480 +6%
        2018-- $8,940 -7.5%
        2017$1,969 +5.6%$9,660 +1.3%
        2016$1,865 $9,540 +4.9%
        2015$1,865 +57%$9,094 +6%
        2014$1,188 $8,580 -2%
        2013-- $8,752 +0.6%
        2012-- $8,700 -6.5%
        2011-- $9,300 +0.3%
        2010-- $9,274 -12.2%
        2009-- $10,560
        2008-- $10,560 +0.8%
        2007-- $10,480 +6%
        2006-- $9,887 +6%
        2005-- $9,328 +6%
        2004-- $8,800 -57.6%
        2003-- $20,736 +1.6%
        2002-- $20,403 +6%
        2001-- $19,249 +6%
        2000-- $18,160
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Sheepshead Bay

        Getting around

        92 / 100
        Walker's Paradise
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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