505 E 16th St, Brooklyn, NY 11226
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OFF MARKET

505 E 16th St
Brooklyn, NY 11226

Ditmas Park
  • Studio
  • 1 Bath
  • 3,035 sqft

$1,895,100

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $10,626/mo*
Refinance Your Home

$1,895,100

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $10,626/mo*
Refinance Your Home
Studio
1 Bath
3,035 sqft

Local Information

  • Map ViewExplore the area around 505 E 16th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1910
Living Area
3,035 sqft
Price/Sqft
$624

About this House

(RLNE1129957)
505 E 16th St, Brooklyn, NY 11226 is a studio, 1 bathroom, 3,035 sqft multi-family in Ditmas Park, built in 1910. More recently, it was listed as a rental in December 2014 with an asking price of $1,300 per month. That rental listing was removed on December 18, 2014. It is currently off market. The Trulia Estimate is $1,895,100, with a rent estimate of $3,566/month.

Home Details for 505 E 16th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 2.5Elevator
Appliances & Utilities
Refrigerator

Property Information

Year Built
Year Built: 1910Year Updated: 1910
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 1

Lot Information

Lot Area: 5000 sqft

Price History for 505 E 16th St

DatePriceEventSource
12/18/2014$1,300ListingRemovedAgent Provided
12/16/2014$1,300Listed For RentAgent Provided

Market trends in New York

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
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Property Tax and Assessment

Year2025
Tax$10,819
Assessment$2,727,000
Home facts updated by county records

Comparable Sales for 505 E 16th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
447 E 17th St, Brooklyn, NY
0.12
Multi-Family Home
$1,760,000
09/25/25
1
1
2,675
1904 Foster Ave, Brooklyn, NY
0.25
Multi-Family Home
$1,350,000
09/05/25
2
1
2,963
421 Marlborough Rd, Brooklyn, NY
0.13
Multi-Family Home
$1,685,000
08/13/25
7
3
3,100
420 Stratford Rd, Brooklyn, NY
0.28
Multi-Family Home
$1,900,000
05/04/26
8
4
2,760
693 E 7th St, Brooklyn, NY
0.49
Multi-Family Home
$2,505,000
11/24/25
6
3
3,500
345 Westminster Rd, Brooklyn, NY
0.28
Multi-Family Home
$1,161,824
11/07/25
-
2,903
1414 Avenue H, Brooklyn, NY
0.59
Multi-Family Home
$1,650,000
05/08/26
4
2,988
33 Wellington Ct, Brooklyn, NY
0.50
Multi-Family Home
$1,952,125
03/23/26
5
3
2,926
404 Cortelyou Rd, Brooklyn, NY
0.66
Multi-Family Home
$1,350,000
12/12/25
2
1
3,000
529 E 5th St, Brooklyn, NY
0.63
Multi-Family Home
$2,257,500
03/12/26
4
2
3,520

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 505 E 16th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Ditmas Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Ditmas Park

At least 459 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 89 % Say it's walkable to grocery stores

  • 85 % Say it's dog friendly

  • 83 % Say it's walkable to restaurants

  • 74 % Say streets are well-lit

  • 64 % Say people would walk alone at night

  • 61 % Say kids play outside

  • 55 % Say there's holiday spirit

  • 54 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 47 % Say yards are well-kept

  • 40 % Say there are community events

  • 40 % Say it's quiet

  • 38 % Say there's wildlife

  • 33 % Say car is needed

  • 31 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • Jose Camacho
    "Very convenient. Both subway lines and bus lines including express bus lines are easily accessible. "
    0
    Flag
  • Anurag103
    "Diversity and lots of community activity makes this neighborhood unique and happy place ..the place where I live is quite and v friendly "
    3
    Flag
  • Joel Myrie
    "I live in this neighborhood for like two decades really transportation always near by most store are 24/7"
    9
    Flag
  • Trulia User
    "That this neighborhood is a community but there are some bloomers whom over do it sometimes. Overall the place is community."
    0
    Flag
  • Trulia User
    "They would love our Pet friendly neighborhood , clean streets n friendly environment that’s accessible to transportation "
    0
    Flag
  • Trulia User
    "Caribbean events and more, Some parades, specially in summer time it’s a great neighborhood to hang out. I can’t complain about it. I still remember when I used to live there. such a great time "
    2
    Flag
  • Trulia User
    "There are Frequent Yard Sales around the many blocks. There is a walkable mall down one of the side streets."
    0
    Flag
  • Trulia User
    "Short and efficient , live near train station and it’s an excellent express train . Always a pleasurable ride."
    1
    Flag
  • Trulia User
    "Love love love it over here. The big treees, sweet neighbors, and cute shops! I consider this Brooklyn’s best hidden gem. "
    0
    Flag
  • Trulia User
    "I lived in this neighborhood since May 2013 and the people here are nice but the only thing you need to watch out for is the rats and dog poop everywhere. Some owners do pick them up some owners don’t but overall it’s a nice neighborhood."
    6
    Flag
  • Trulia User
    "Can be weird at night in some areas but the green lawns and tree lined streets are peaceful for family walks "
    0
    Flag
  • Trulia User
    "Live In A Great Community. Good Food. Great Shopping Area.............................................."
    0
    Flag
  • Trulia User
    "Nice community with a mix of home owners and apartment renters. very secure neighborhood and easy commute to the City with B and Q train lines. Lots of grocery stores and restaurants in the area. Also good for dog walking."
    0
    Flag
  • Trulia User
    "great neighborhood with perfect balance of race/ethnicities. it's offers a great suburban feeling while still maintaining a vibrant city life and culture. Great proximity to public transportation, libraries and the Prospect Park. For food lovers more and more restaurants are opening up with a 1 mile radius of the neighborhood. I love it here. "
    0
    Flag
  • Trulia User
    "This neighborhood is all I know. The community is a diverse and friendly. You can find everything and anything from transportation to good schools/parks to many different places to eat. You can’t go wrong "
    0
    Flag
  • Trulia User
    "schools near by. quiet neighborhood tree lined streets beautiful during the seasons change prospect park near brooklyn botanical gardens "
    0
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  • Trulia User
    "love my neighborhood ! very convenient and lots of trees and near the trains and buses. the home are very expensive "
    0
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  • Trulia User
    "They would love it actually. Just be sure to pick up after your dog. It’s the norm in the neighborhood but you may still see some accidents here and there. "
    0
    Flag
  • Trulia User
    "Neighborhood is friendly. We love it there. Great place to raise kids. Good schools for them to attend. "
    0
    Flag
  • Trulia User
    "I’ve lived here my entire life. It is sad that some day I will have to move becuase this community is amazing. One of the best areas in Brooklyn. Unique and close to everything!"
    0
    Flag
  • Trulia User
    "I mostly drive myself, but prior I will take public transportation and there are a lot of options to get around"
    0
    Flag
  • Trulia User
    "This area is great for cheap rent but that is where the pros end. Not a lot of options for grocery stores or restaurants. Area is not the safest or the cleanest. School district among the lowest of the city. Would not recommend for a family. Maybe for a single person or a couple who wants to save money on rent for a few years before moving to someplace better."
    0
    Flag
  • Trulia User
    "There are lots of places for dogs to poop. Great trees. Sidewalks. Dogs can literally poop anywhere."
    0
    Flag
  • Trulia User
    "Most schools except for Intermediate are within walking distance up to Brooklyn College. Very walkable neighborhood."
    0
    Flag
  • Trulia User
    "The families in the neighborhood are friendly, and they create programs for everyone to feel welcome. "
    0
    Flag
  • Trulia User
    "It’s an apartment neighborhood mostly, the nearest park isn’t what I’d consider conveniently close from our particular block"
    0
    Flag
  • Trulia User
    "It’s a city neighbourhood, but there are so many beautiful houses on tree lined streets nearby and it’s walking distance to Prospect Park, which has so many beautiful features"
    0
    Flag
  • Trulia User
    "Although public transportation is very accessible I chose to drive most of times. I ride the train or bus only if I’m going to the city or downtown Brooklyn or when it is safer to use public transportation instead of driving."
    0
    Flag
  • Trulia User
    "You all should create a checklist of these events to answer this question with a checkbox for “other” add other items you haven’t thought of yet. "
    0
    Flag
  • Lane.tobias
    "Enclave for all, welcoming. Many different holiday celebrations. People tend to be really great around the holidays - much more welcoming and proactive with neighbors than everyday."
    5
    Flag
  • Kiana H.
    "They will like that there’s many parks in the areas and a lot of open space . It’s a very dog friendly neighborhood overall "
    3
    Flag
  • Gurungiman
    "they like too much , i saw a lot of dogs owner hanging my area . i love dogs and my daughter likes dog. sometimes i saw the dog owners , they don't clean dog's poo , it makes me feel very bad but i don't like to say anything to dog's owner if i say anything , it's become trouble so i just want to keep quiet "
    13
    Flag
  • Marly S.
    "Commuting from my area of Flatbush is relatively easy. The Q train, B41, B103, BM1,2,3,4 are nearby. "
    1
    Flag
  • Silvia
    "It’s a really diverse mix of cultures and people. It’s lively but also quiet and residential. I would recommend."
    8
    Flag
  • Rashid.toure
    "Halloween parade by Abermale road and Cortelyou road summer movie night. Farmers market every Sunday all year long at Cortelyou road. "
    2
    Flag
  • Ute3962
    "Community friendly and great for kids to grow up. Some very good schools. Close to all sorts of transportation. I love in Ditmaspark though. So part of the whole Flatbush area. Lots of pets too. Cars are a problem. Not a lot of parking. "
    0
    Flag
  • Marie.c.armand
    "They would like that there’s a lot of space to walk their dogs and near by stores for pet foods. They would probably not like the fact that some buildings are not pet friendly. "
    1
    Flag
  • Susan.heyward
    "The neighborhood is very dog friendly, you see people walking their dogs all the time. Prospect Park is dog heaven!"
    1
    Flag
  • Faiz R.
    "It’s culturally full, you will find all kind of people and good restaurants, Shops some good bars and mainly close to prospect park."
    2
    Flag
  • Clayton W.
    "Best neighborhood to live in . I’m living here over ten years ✅ check out Bullish Entertainment LLC "
    1
    Flag

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Homes for sale near 505 E 16th St

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Off Market Homes Near 505 E 16th St

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Frequently asked questions about 505 E 16th St

  • What is 505 E 16th St estimated to be worth?
    Trulia's estimated value for 505 E 16th St in Brooklyn, NY is $1,895,100.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $767K. That is up $4.33K from the prior month.
  • What do residents say about the Ditmas Park neighborhood?
    Residents describe the Ditmas Park neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See recently sold homes in Ditmas Park, Brooklyn.