Skip main navigation
For sale
  • $2,000,000

    2516 Cortelyou Road, Brooklyn, NY 11226

    4beds
    2,480sqft
    Loading
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $806/sqft
    $-- HOA

    What's special

    Two-family brick residential propertyDetached garageTwo storiesTwo existing residential units
    TWO-FAMILY PROPERTY | R6 ZONING | DEVELOPMENT POTENTIAL A Unique Residential Investment and Development Opportunity in Brooklyn’s Flatbush Neighborhood! Introducing 2516 Cortelyou Road, a two-family brick property situated on an approximately 2,708-square-foot lot in the desirable Flatbush section of Brooklyn. Built in 1920, this property offers approximately 2,480 square feet of existing building area, two residential units, and a detached garage. Its approximately 30-foot frontage and 90-foot depth provide an attractive footprint for buyers seeking a multifamily investment, owner-occupant opportunity, or potential redevelopment project. PROPERTY FEATURES Two-family brick residential property Approximately 2,708 SF lot Approximately 2,480 SF existing building area Approximately 30’ x 90.25’ lot dimensions Two stories Two existing residential units Detached garage R6 residential zoning Located in Brooklyn Community District 17 DEVELOPMENT & ZONING POTENTIAL One of the property’s most compelling features is its R6 residential zoning designation. R6 zoning permits multifamily residential development, subject to NYC zoning and building regulations. With approximately 2,708 square feet of land and a relatively modest existing building footprint, the property presents an opportunity for developers and investors to investigate potential expansion, enlargement, or redevelopment. Under standard R6 residential zoning, the maximum residential FAR is generally 2.20, potentially representing approximately 5,958 square feet of residential zoning floor area on the reported lot size. This creates an opportunity to investigate the potential for additional residential floor area beyond the existing building, subject to applicable zoning requirements, building envelope restrictions, yards, height limitations, and verification of existing legal floor area. Buyers are encouraged to conduct their own architectural and zoning feasibility analysis to determine the property’s full development potential. PRIME FLATBUSH LOCATION Conveniently situated along Cortelyou Road, the property benefits from an established residential neighborhood with access to public transportation, neighborhood shopping, restaurants, schools, parks, and everyday conveniences. Nearby subway connections include the 2/5 trains at Beverly Road and additional connections along Church Avenue and the B/Q lines. AN OPPORTUNITY FOR MULTIFAMILY INVESTORS & DEVELOPERS Whether you are looking to acquire a two-family investment property, create additional residential living space, or explore a larger multifamily development opportunity, 2516 Cortelyou Road offers multiple avenues for investment in an established Brooklyn neighborhood. Bring your architect, explore the possibilities, and unlock the potential of this Flatbush property! Inquire today for additional information and to schedule a private showing.
    19 hours
    191
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Our Neighborhood R E Inc 646-772-2868,

    Lawrence Awe 646-772-2868,

    Anton Cobb 917-295-1245,

    Our Neighborhood R E Inc

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1072513MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Natural Gas
      Cooling
      • Multi Units
      Features
      • First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Kitchen, Original Details, Pantry, Master Downstairs, Storage
      • Basement: Storage Space,Unfinished
      Interior area
      • Total structure area: 2,480
      • Total interior livable area: 2,480 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached, Driveway, Parking Lot, Private
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Lot
      • Size: 2,709 Square Feet
      Details
      • Parcel number: 051690066
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public

      Community & HOA

      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $806/sqft
      • Tax assessed value: $71,640
      • Annual tax amount: $7,985
      • Date on market: 11/10/2026
      • Cumulative days on market: 1 day
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/10/2026Listed for sale$2,000,000$806/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1072513 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,984 +3%$71,400 +4.6%
        2024$7,755 $68,280 -1.3%
        2023-- $69,180 +15.3%
        2022-- $60,000 +7.4%
        2021-- $55,860 -8.8%
        2020$6,802 +4.4%$61,260 +2.8%
        2019$6,514 +2.6%$59,580 +96.3%
        2018$6,350 +5.2%$30,356 +2.5%
        2017$6,037 +17%$29,617 +6%
        2016$5,161 $27,945 +0%
        2015$5,161 +63.8%$27,943 +4.2%
        2014$3,150 $26,814 +6%
        2013-- $25,297 +2.5%
        2012-- $24,681 +6%
        2011-- $23,288 +0%
        2010-- $23,286 +4.2%
        2009-- $22,345 +6%
        2008-- $21,081 +2.5%
        2007-- $20,568 +6%
        2006-- $19,407 +0%
        2005-- $19,405 +4.2%
        2004-- $18,621 +6%
        2003-- $17,568 +2.5%
        2002-- $17,140 +6%
        2001-- $16,173 +0%
        2000-- $16,171
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flatbush

        Getting around

        76 / 100
        Very Walkable
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ps 245
        • Middle: Jhs 234 Arthur W Cunningham
        • High: Brooklyn College Academy

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts