6 months on rocket

1487 E 55th St, Brooklyn, NY, 11234

$579,000

Home List Price

$6,876*

Closing Credit

3 Bedrooms
1 Full Bath
980 SqFt
$591/SqFt
House
Schools Nearby

Location

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1487 E 55th St, Brooklyn$579,000

Buyer Closing Credits

$6,876*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage, Shared Drive
Year Built1925
HeatingSteam, Natural Gas
CoolingOther
BasementYes
FireplaceOther
MLS #477335
StatusActive

About 1487 E 55th St

Prime Old Mill Basin LOCATION!!! First time on the market, 1 family semi-detached 3-bedroom duplex, the first floor consists of a large living room, dining room and kitchen. Plus 1 full bathroom on the second level and a full basement (unfinished). There are hardwood floors throughout the home and 1 car garage with a shared driveway. The house is close to shopping and transportation and house of worships. It will not last long!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1925
  • Living Area: 980 SqFt

Listing Office:

  • Office Name: Bergen Basin Realty

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Carpeting, Hardwood, Linoleum
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: Detached Garage, Shared Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,000
  • Price Per SqFt: $591/SqFt

Tax Information:

  • Annual Amount: $5,220
  • 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

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

1487 E 55th St vs Brooklyn

206 DAYS ON ROCKET

+109 Days

$579,000

-$378.3K Less

$591/SqFt

-$93 Less

KEY TAKEAWAY

This property is $378.3K less than the Median Sold Price and $93/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #477335

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: 4/28/2024, 6:25:14 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$5,220$28,860
2019$5,220$26,160
2018$4,309$22,213
2017$4,206$21,139

History based on county public records data.

Payment Calculator

$2,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,802

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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-2503116
4
/10

  • PS 203 Floyd Bennett School

  • 5101 Avenue M

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-2503117
6
/10

  • PS 236 Mill Basin

  • 6302 Avenue U

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-2503118
6
/10

  • PS 312 Bergen Beach

  • 7103 Avenue T

  • 0.68 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 $97,753. Most Brooklyn, NY residents have annual incomes between $100k-200k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1487 E 55th St

What is the listing price of this property?

The listing price of 1487 E 55th St property is $579,000.

What type of property is this?

The property 1487 E 55th St is a house located in Brooklyn, New York, 11234.

Is this property for sale now?

Active Listing: 1487 E 55th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,220 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1487 E 55th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1487 E 55th St is 980 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1487 E 55th St is 1925.

Rocket Homes›New York›Kings County›Brooklyn›11234›1487 E 55th St

This home is located at 1487 E 55th St in Brooklyn, NY and zip code 11234 in the Flatlands neighborhood. This 980 square foot home was built in 1925. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $579,000.

In March 2024 more than 39 listings in Brooklyn, NY were sold above the asking price. During the same period more than 179 listings were sold at asking price, while more than 151 were sold below. The number of listings in Brooklyn, NY increased by 0.8% between February 2024 and March 2024. In March 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $957,365.

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

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