1 month on rocket

1124 Banner Ave, Brooklyn, NY, 11235

$849,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
1,400 SqFt
$606/SqFt
Multi
Schools Nearby

Location

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1124 Banner Ave, Brooklyn$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Spaces, Private Drive
Garage2 spaces
Year Built1920
HeatingBaseboard, Hot Water, Natural Gas
CoolingCentral Air
BasementYes
FireplaceStove
MLS #480572
StatusActive

About 1124 Banner Ave

Forget that condo and come see this sweet, close to the beach, updated, detached home with 2 private parking spots. Unbelievable location boasting three full floors (but you can add 2254 additional square feet due to the R2 zoning): unfinished basement with separate entrance begging to be an apartment, main floor with front sunroom/office, living room, dining room, eat in kitchen (with solarium), bath with shower and stackable washer/dryer. Second floor has 3 bedrooms, full bath with whirlpool tub, closets throughout and pull-down attic access. New windows, Central air-conditioning, 2-zone heating system, new hot water system. Great backyard with patio courtyard and 2 car private parking with super easy access through the community driveway behind the house. Very quiet block, very convenient to all buses, trains and shopping. The house is a two family on a paper, used as a one family with low taxes under $5000.!!! R6 zoning allows you to expand!!!!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: Bergen Basin Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Basement: Yes
  • Flooring Type: Ceramic, Concrete, Hardwood, Tile
  • Interior: Window Treatment(s)
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio Garden

Parking Information:

  • Garage Space: 2 spaces
  • Parking: 2 Spaces, Private Drive

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $606/SqFt

Tax Information:

  • Annual Amount: $4,740
  • Tax Year: 2020
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Housing Market Comparison

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

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Brooklyn, NY

City

Med. Sold Price

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

1124 Banner Ave vs Brooklyn

58 DAYS ON ROCKET

-43 Days

$849,000

-$116.9K Less

$606/SqFt

-$84 Less

KEY TAKEAWAY

This property is $116.9K less than the Median Sold Price and $84/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480572

Listing Office:

  • Office Name: Bergen Basin Realty

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: 5/11/2024, 5:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,740$38,580
2019$4,740$38,580
2018$4,159$20,402
2017$3,951$20,402

History based on county public records data.

Payment Calculator

$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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-10521202
10
/10

  • PS 253

  • 601 Ocean View Ave

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-10521203
9
/10

  • PS 254 Dag Hammarskjold

  • 1801 Avenue Y

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-10521204
7
/10

  • PS 216 Arturo Toscanini

  • 350 Avenue X

  • 0.76 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,926. The majority of Brooklyn, NY residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11235›1124 Banner Ave

This home is located at 1124 Banner Ave in Brooklyn, NY and zip code 11235 in the Southern Brooklyn neighborhood. This 1,400 square foot home was built in 1920. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $849,000.

In April 2024, from all listings sold in Brooklyn, NY there were more than 25 sold above asking price, over 145 sold below and more than 208 were sold right at the asked price. The number of listings in Brooklyn, NY increased by 0.1% between March 2024 and April 2024. While the average time on the market in April 2024 was 101 days, the median list price was $965,912.

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

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