2 months on rocket

16 Bay 50th St, Brooklyn, NY, 11214

$1,098,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,000 SqFt
$549/SqFt
Multi
Schools Nearby

Location

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16 Bay 50th St, Brooklyn$1,098,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1925
HeatingSteam, Oil
BasementYes
FireplaceStove
MLS #479682
StatusActive

About 16 Bay 50th St

Bath Beach/Bensonhurst-solid 2 family brick, First Floor-5 rooms, 2 bedrooms, large kitchen, full bath, living room, high ceilings, yard access with rear 3 season room, Top Floor-6 rooms, 2 full baths, 2 to 3 bedrooms, nice condition, $3,700 a month rent roll, perfect home for investor/1031 exchange or to live and collect rent, Zoning is R5 with a C1-2 overlay (may be able to convert first floor to commercial-verify with your architect), full possession possible, don't let this beauty slip away, steps to Harway Ave, shopping, trains, buses and schools, House Size 20'x52', Lot Size 20'x97', Taxes $7,721, Year Built 1925 **some photos have been virtually staged**

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Ben Bay Realty Co of Bay Ridge

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Steam, Oil

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,098,000
  • Price Per SqFt: $549/SqFt

Tax Information:

  • Annual Amount: $6,782
  • 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

16 Bay 50th St vs Brooklyn

82 DAYS ON ROCKET

-15 Days

$1,098,000

+$140.6K More

$549/SqFt

-$135 Less

KEY TAKEAWAY

This property is $140.6K more than the Median Sold Price and $135/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #479682

Listing Office:

  • Office Name: Ben Bay Realty Co of Bay Ridge

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, 3:25:15 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$6,782$54,720
2019$6,781$54,720
2018$6,115$31,683
2017$5,658$30,000

History based on county public records data.

Payment Calculator

$5,548

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,358

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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-2372624
7
/10

  • PS 212 Lady Deborah Moody

  • 87 Bay 49th St

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-2372625
5
/10

  • PS 90 Edna Cohen School

  • 2840 W 12th St

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-2372626
10
/10

  • PS 101 The Verrazano

  • 2360 Benson Ave

  • 0.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,324. Most Brooklyn, NY residents have annual incomes between $35k-100k. 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›11214›16 Bay 50th St

This home is located at 16 Bay 50th St in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 2,000 square foot home was built in 1925. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $1,098,000.

In March 2024, from all listings sold in Brooklyn, NY there were more than 39 sold above asking price, over 151 sold below and more than 179 were sold right at the asked price. The inventory of homes for sale in Brooklyn, NY between February 2024 and March 2024 increased by 0.8%. Listings spent 97 days on the market in March 2024, and had a median list price of $957,365 during the same period.

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

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