2729-2731 West 16th St

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Address: 2729 W 16th St, Brooklyn, NY 11224, USA
New York & Tri-State
Created date: July 8, 2026
Date last updated: July 8, 2026
Price: $2,150,000Investment Analyzer NEW!

Property Description

Receiver Sale: 2729-2731 West 16th Street, Brooklyn, NY
Asking Price: $2,150,000
Property Snapshot:
• 2-story multifamily building and a 1-story warehouse located in Coney Island, Brooklyn, NY
• 2,228 sq ft multifamily building, consisting of 3 residential units
• 2,000 sq ft warehouse
• 60 ft of frontage along W 16th Street
• Redevelopment opportunity under existing M1-2 zoning, which permits a variety of commercial and industrial uses, with additional upside from potential future upzoning
• Situated two and a half blocks from Maimonides Park, Luna Park, and the boardwalk
• Short walk to the Coney Island-Stillwell Ave Subway Station (D, F , N, Q trains)
• Nearby retail and dining include: Home Depot, Food Bazaar, Totonno’s, Lone Star Gourmet Market, Milk & Honey Cafe, and Nathan’s Famous
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Broker Details

Greg Corbin
Greg Corbin

Northgate Real Estate Group 212-419-8103 MLS ID: 432759

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Key Property Information

Listing Status: Available
Listing Type: Distressed sale
Price: $2,150,000
No. of Units: 3
Year Built: 1924
Building Size: 2,228 Sq ft
No. of Stories: 3
Opportunity Zone: No
Price per unit: $716,667
Address: 2729 W 16th St, Brooklyn, NY 11224, USA

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