1 month on rocket

1727 E 14th St, Brooklyn, NY, 11229

$1,788,000

Home List Price

$10,000*

Closing Credit

8 Full Baths
5,250 SqFt
$341/SqFt
Multi
Schools Nearby

Location

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1727 E 14th St, Brooklyn$1,788,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, None
Year Built1985
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #480459
StatusActive

About 1727 E 14th St

Located in the prime Midwood area at 1727 East 14th St., just a few blocks from the vibrant community of Ave U, this 1985-built four-family residence offers a unique investment opportunity. Boasting a building size of 25x70 on a 25x100 lot, this 3-story property with a fully finished basement includes four duplex units, each featuring 3 bedrooms and 1.5 bathrooms. Rental details are as follows: Unit A is rented for $2250/month without a lease; Unit B for $2600/month without a lease; Unit C for $2800/month without a lease; and Unit D, expected to rent for $2900/month, will be delivered vacant. The tenants are cooperative and punctual with payments, highlighting this as an attractive income-generating asset for both investors and end-users. Each unit has its own boiler and furnace, minimizing maintenance responsibilities for the owner to just the water bill. Situated in one of the most bustling and convenient locations, the Kings Hwy commercial district is a stone's throw away, offering everything from major department stores like TJ Maxx and Target to small convenience stores and 24-hour urgent care. Additionally, the property is just 2 blocks from the B/Q train station and lies within an excellent school district. With 3 units potentially becoming vacant soon, this is an opportunity not to be missed for those looking to invest in a significant property with great rental income potential. Experience it firsthand and seize the chance to make this exceptional property yours.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 3
  • Living Area: 5,250 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,788,000
  • Price Per SqFt: $341/SqFt

Tax Information:

  • Annual Amount: $38,045
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

1727 E 14th St vs Brooklyn

48 DAYS ON ROCKET

-49 Days

$1,788,000

+$830.6K More

$341/SqFt

-$343 Less

KEY TAKEAWAY

This property is $830.6K more than the Median Sold Price and $343/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480459

Listing Office:

  • Office Name: RE/MAX Edge

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: 4/29/2024, 10:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 08, 1996Home Sold
$308,000

Tax History

YEARPROP. TAXASSESSMENT
2020$38,045$307,350
2019$37,602$307,350
2018$35,782$296,595
2017$33,483$283,046

History based on county public records data.

Payment Calculator

$8,991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,427

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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-3041901
4
/10
  • PS 153 Homecrest

  • 1970 Homecrest Ave

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-3041902
7
/10
  • PS 197-The Kings Highway Academy

  • 1599 E 22nd St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-3041903
8
/10
  • PS 199 Frederick Wachtel

  • 1100 Elm Ave

  • 0.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,830. The majority of Brooklyn, NY residents have income between $35k-100k annually. The majority of families are 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›11229›1727 E 14th St

This home is located at 1727 E 14th St in Brooklyn, NY and zip code 11229 in the Homecrest neighborhood. This 5,250 square foot home was built in 1985. Features: 8 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $1,788,000.

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%. In March 2024 median list price was $957,365 and the average listing age was 97 days.

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

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