4 months on rocket

1230 Bay Ridge Ave, Brooklyn, NY, 11219

$1,399,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
6 Full Baths
4,800 SqFt
$291/SqFt
Multi
Schools Nearby

Location

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1230 Bay Ridge Ave, Brooklyn$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, None
Year Built1925
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #478771
StatusActive

About 1230 Bay Ridge Ave

Location! Location! Location! Welcome to an exceptional investment opportunity in the heart of Dyker Heights. This expansive Semi-Detached 6-family property presents a blend of substantial rental income potential which generates about over $80k a year with a Building Size of 20x80 seating on a 25x100 lot. Whether you're a seasoned investor or end user, this listing is sure to capture your attention. Situated within the highly sought-after Dyker Heights neighborhood, where has an easy access to local conveniences, prime schools, parks, and efficient transportation options. Five of the units are a two-Bedroom apartment and One of the units is a one-bedroom without any of them being a rent control unit. Brand new water boiler and a brand-new roof. Full-Basement, with separate gas meters and electric meters. A rent roll spreadsheet is available to whomever is interested. IT WON'T LAST!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1925
  • Stories: 3
  • Living Area: 4,800 SqFt

Listing Office:

  • Office Name: Century 21 Realty First

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpeting, Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $291/SqFt

Tax Information:

  • Annual Amount: $15,972
  • 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

1230 Bay Ridge Ave vs Brooklyn

140 DAYS ON ROCKET

+39 Days

$1,399,000

+$433K More

$291/SqFt

-$399 Less

KEY TAKEAWAY

This property is $433K more than the Median Sold Price and $399/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #478771

Listing Office:

  • Office Name: Century 21 Realty First

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: 5/2/2024, 11:20:30 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$15,972$376,200
2019$14,310$376,200
2018$13,530$109,807
2017$12,700$106,380

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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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-5050940
8
/10

  • PS 176 Ovington

  • 1225 Bay Ridge Ave

  • 0.02 miles

  • Public District Grades KG-5

school-card-donut-5050941
9
/10

  • PS 112 Lefferts Park

  • 7115 15th Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-5050942
9
/10

  • School For Future Leaders (The)

  • 942 62nd St

  • 0.54 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,958. The majority of Brooklyn, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11219›1230 Bay Ridge Ave

This home is located at 1230 Bay Ridge Ave in Brooklyn, NY and zip code 11219 in the Bensonhurst neighborhood. This 4,800 square foot home was built in 1925. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $1,399,000.

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 number of homes for sale in Brooklyn, NY increased by 0.1% between March 2024 and April 2024. In April 2024 median list price was $965,912 and the average listing age was 101 days.

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

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