Seize the Moment: Embark on a Residential Development Journey on a Grand Scale! Unlock the potential of this extraordinary opportunity to craft a stunning residential haven spanning over 25,000 square feet, complete with ample parking facilities. Nestled within this expansive property, currently graced by two lucrative multi-family buildings, each boasting three floors of living space, lies the canvas for your architectural masterpiece. The property features a private driveway and garage, ensuring convenience and exclusivity for residents. Encompassing a vast lot measuring an impressive 50x125, this offering promises ample space for creativity and innovation in design. With zoning classified as R7A, the stage is set for transformative development, inviting you to realize your vision for a remarkable residential complex. Priced competitively at $3,900,000, this opportunity beckons astute investors and developers to acquire and sculpt a dwelling that transcends expectations. Elevate the skyline and redefine luxury living by seizing this opportunity to buy and build your residential masterpiece today!" PACKAGE DEAL SOLD TOGETHER WITH 1470 OCEAN ALL NUMBERS STATED REFLECT A COMBINATION OF THE 2 PROPERTIES
Property Details
Property Features
Property Information:
Year Built: 1975
Stories: 3
Living Area: 13,000 SqFt
Listing Office:
Office Name: Behfar Team, LLC
Interior Features
Interior Information:
Appliances: None
Basement: No
Flooring Type: Ceramic, Hardwood
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 9
Exterior Features
Exterior Information:
Exterior: None
Parking Information:
Attached Garage: No
Parking: None, Street
Utilities
Utilities Information:
Heating: Baseboard, Natural Gas
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $3,900,000
Price Per SqFt: $300/SqFt
Tax Information:
Annual Amount: $15,149
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $2.9M more than the Median Sold Price and $384/SqFt less than other homes in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #480974
Listing Office:
Office Name: Behfar Team, LLC
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.
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: 4/29/2024, 3:25:21 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
YEAR
PROP. TAX
ASSESSMENT
2020
$15,149
$102,960
2019
$15,148
$118,380
2018
$13,660
$71,031
2017
$12,638
$67,011
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19.5K
Per Month
Principal & Interest
$19.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.7K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
PS 193 Gil Hodges
2515 Avenue L
Distance between this listing and this school0.46 miles
Public District Grades PK-5
6
/10
PS 315
2310 Glenwood Rd
Distance between this listing and this school0.46 miles
Public District Grades PK-5
4
/10
School of Science and Technology
725 E 23rd St
Distance between this listing and this school0.46 miles
Public District Grades PK-5
Nearby Schools
5
/10
Andries Hudde School
2500 Nostrand Ave
Distance between this listing and this school0.55 miles
Public District Grades 6-8
6
/10
PS 99 Isaac Asimov
1120 E 10th St
Distance between this listing and this school0.58 miles
Public District Grades PK-8
8
/10
Intermediate School 381
1599 E 22nd St
Distance between this listing and this school0.98 miles
Public District Grades 6-8
Nearby Schools
4
/10
Edward R Murrow High School
1600 Avenue L
Distance between this listing and this school0.46 miles
Public District Grades 9-12
7
/10
Midwood High School
2839 Bedford Ave
Distance between this listing and this school0.51 miles
Public District Grades 9-12
4
/10
James Madison High School
3787 Bedford Ave
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $37,000. The majority of Brooklyn, NY residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1474 Ocean Ave in Brooklyn, NY and zip code 11230 in the Southern Brooklyn neighborhood. This 13,000 square foot home was built in 1975. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $3,900,000.
Brooklyn, NY housing market in March 2024 saw over 39 listings sold above listed price, more than 179 sold at listed price and over 151 sold below. The inventory of homes for sale in Brooklyn, NY between February 2024 and March 2024 increased by 0.8%. The median list price of listings available in March 2024 was $957,365, while the average time on the real estate market was 97 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Art Museums
Art Museums
Major League Soccer (MLS)
Music Concerts
Bloomingdales
Banana Republic
H&M
Starbucks
Jack In The Box
Chipotle
Audi
Toyota
Volkswagen
News
Jazz
Rhythmic Contemporary Hits