1 year on rocket

1011 Banner Ave, Brooklyn, NY, 11235

$1,300,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
2,680 SqFt
$485/SqFt
Multi
Schools Nearby

Location

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1011 Banner Ave, Brooklyn$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking5 Spaces, Detached Garage, Private Drive
Year Built1920
HeatingOther
CoolingOther
BasementYes
FireplaceStove, Other
MLS #472784
StatusActive

About 1011 Banner Ave

We proudly introduce to you this truly incredible investment opportunity, well maintained 2 family brick house with a private driveway in the prime area of Brighton Beach. This 3 stories, fully detached property is 18x60 building size on a 30x101 lot, R6 zoning. Level 1 is 18x60 building size featuring 2 large bedrooms that can easily be converted to a 3 bedrooms apartment; along with a living room, dining room, kitchen, and a full bathroom. Level 2 is also 18x60 building size featuring a 3 bedrooms apartment with a living room, dining room, kitchen, and a full bathroom. Level 3 is 18x40 building size with a 1 bedroom apartment with a living room, dining room, kitchen, and a full bathroom; best of all, there are a front and rear generous sized terraces. Full, semi-finished basement with separate entrance and a full bathroom. High ceiling on each level. Expect lots of natural sunlight in this fully detached house. This property remains in a good, move in condition. 3 gas and 4 electric meters. New Roof. Outside, there is a fully fenced side and backyard. Best of all, there is a private driveway and a detached garage in the rear that can easily park 5 cars. This property will be delivered vacant before closing. This highly convenient property is minutes to everything including restaurants, supermarkets, cafes, and many more amenities nearby. Great School District: IS 98, PS 253, PS 209, PS 225, more. Public transportation is also available: B4 bus, B/Q trains in Sheepshead Bay/ Brighton Beach Station. Don’t miss out on this prized piece of real estate with tremendous possibilities and potentials.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 3
  • Living Area: 2,680 SqFt

Listing Office:

  • Office Name: ProBase Real Estate

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Stove, Other
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Terrace, Other

Parking Information:

  • Attached Garage: No
  • Parking: 5 Spaces, Detached Garage, Private Drive

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $485/SqFt

Tax Information:

  • Annual Amount: $8,513
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

1011 Banner Ave vs Brooklyn

421 DAYS ON ROCKET

+320 Days

$1,300,000

+$334K More

$485/SqFt

-$205 Less

KEY TAKEAWAY

This property is $334K more than the Median Sold Price and $205/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #472784

Listing Office:

  • Office Name: ProBase Real Estate

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/21/2024, 3:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2019Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,513$75,420
2019$8,513$75,420
2018$7,189$35,830
2017$6,495$34,038

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4716723
10
/10
  • PS 253

  • 601 Ocean View Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-4716724
9
/10
  • PS 254 Dag Hammarskjold

  • 1801 Avenue Y

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-4716725
7
/10
  • PS 216 Arturo Toscanini

  • 350 Avenue X

  • 0.70 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,926. The most common annual income of people living in Brooklyn, NY is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkKings CountyBrooklyn112351011 Banner Ave

This home is located at 1011 Banner Ave in Brooklyn, NY and zip code 11235 in the Southern Brooklyn neighborhood. This 2,680 square foot home was built in 1920. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 26, 2023 and is currently priced at $1,300,000.

While more than 25 listings in Brooklyn, NY in April 2024 were sold above asking price, there were more than 208 listings sold at asking price, and more than 145 were sold below. The inventory of homes for sale in Brooklyn, NY between March 2024 and April 2024 increased by 0.1%. Listings spent 101 days on the market in April 2024, and had a median list price of $965,912 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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