$2,498,000 $2,800,000
Updated 2 days ago
Price drop

4801 16th Ave

Borough Park, Brooklyn | 47th Street & 48th Street

4 Rooms1 BedMixed Use

$2,498,000 $2,800,000
floors2
Building TypeLow-Rise
RE Taxes$11,940

Building Amenities

  • Voice Intercom

Property Description for 4801 16th Ave

Home to Lieberman's Luncheonette for over 60 years, this prominent corner has been a proven Borough Park retail destination.

Offering a rare corner opportunity in Borough Park, Brooklyn, this property. This approximately 1,600-square-foot, two-story corner building is offered for sale in the heart of Borough Park, Brooklyn. Situated along one of the neighborhood's established commercial corridors, the property presents an opportunity for an owner-user, investor, or redevelopment, subject to applicable zoning and approvals. Built in 1931, the property occupies a 20' 40' corner lot zoned R6/C1-3, offering approximately 2,300 square feet of additional development potential.

Positioned on a prominent corner along 16th Avenue and directly across from Chase Bank, the property benefits from strong visibility and pedestrian and vehicular exposure. The property is situated within an established commercial corridor featuring a diverse mix of retail, restaurant, and financial services.

Located in Borough Park, Brooklyn, the property is served by the F train at 18th Avenue, the D train at 55th Street, and the B8 and B11 bus routes. McDonald Avenue, Ocean Parkway, and the Gowanus Expressway provide access to Lower Manhattan in approximately 30 minutes by car and 35 minutes by subway, depending on traffic and service conditions.


Listing History for 4801 16th Ave

Now
10/16/2026
$2,498,000 [-$302,000] [10.8%]
Price Drop by Adam Gerber
Douglas Elliman
07/14/2026
$2,800,000
Initial Price by Adam Gerber
Douglas Elliman

Building Details for 4801 16th Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors2
Learn More About the Building
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 107192TH