Introducing an impressive real estate opportunity, you won't want to miss! This expansive 2-family property is nestled in the coveted Gravesend neighborhood and boasts an exceptionally generous lot size of 46 x 114, with the house itself spanning 20 x 50. This property holds great potential as an investment for builders or as a private residence with additional income. The features are truly noteworthy, including a 2-car garage equipped with convenient carports and ample space for 4 vehicles. A charming front yard welcomes you, while the rear of the property reveals an expansive backyard complete with a deck, perfect for outdoor gatherings and relaxation. Inside, you'll find a well-designed layout featuring 3 rooms on each floor, totaling 6 rooms in all. The full basement offers high ceilings and a walkout to the backyard, providing endless possibilities for customization and expansion. Original details throughout the house add character and charm. The location is unbeatable, with easy access to shopping, dining, and transportation options. You'll appreciate the proximity to the "F" Train station, making commuting a breeze. This property will be delivered vacant, allowing for immediate use or renovation. But the real gem here lies in the potential for future development. With zoning that permits construction of up to 4 stories and a total square footage potential exceeding 13,000 square feet, this property is also zoned for offices and/or school use, opening up a world of possibilities for entrepreneurs and investors alike. Don't let this remarkable opportunity slip through your fingers—seize it today! * All buyers are advised to consult their own architect to verify these details. We do not assume any responsibility for the accuracy of this information.
This property is $192.6K more than the Median Sold Price in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #478000
Listing Office:
Office Name: Century 21 MK Realty
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, 8:25:13 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
DATE
EVENT
PRICE
Dec 06, 2019
Dec 06, 2019Home Sold
$1,200,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,908
$60,840
2019
$6,907
$60,840
2018
$6,145
$29,378
2017
$1,996
$27,945
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.
$5,807
Per Month
Principal & Interest
$5,740
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
$3,514
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
7
/10
PS 216 Arturo Toscanini
350 Avenue X
Distance between this listing and this school0.43 miles
Public District Grades PK-5
7
/10
PS 215 Morris H Weiss
415 Avenue S
Distance between this listing and this school0.56 miles
Public District Grades PK-5
8
/10
PS 97 The Highlawn
1855 Stillwell Ave
Distance between this listing and this school0.72 miles
Public District Grades PK-5
Nearby Schools
8
/10
PS 95 The Gravesend
345 Van Sicklen St
Distance between this listing and this school0.05 miles
Public District Grades PK-8
8
/10
Intermediate School 228 David A Boody
228 Avenue S
Distance between this listing and this school0.41 miles
Public District Grades 6-8
6
/10
Intermediate School 303 Herbert S Eisenberg
501 West Ave
Distance between this listing and this school0.88 miles
Public District Grades 6-8
Nearby Schools
7
/10
Kingsborough Early College School
2630 Benson Ave
Distance between this listing and this school0.62 miles
Public District Grades 6-12
1
/10
International High School At Lafayette
2630 Benson Ave
Distance between this listing and this school0.62 miles
Public District Grades 9-12
6
/10
Expeditionary Learning School for Community Leaders
2630 Benson Ave
Distance between this listing and this school0.62 miles
The neighbors living near this home have an average income of $30,705. Most Brooklyn, NY residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 18 Gravesend Neck Rd in Brooklyn, NY and zip code 11223 in the Gravesend neighborhood. This home was built in 1920. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2023 and is currently priced at $1,150,000.
Over 39 listings were sold over their listed price in March 2024 in Brooklyn, NY. In the same period over 151 listings were sold below the listed price and 179 listings were sold for the listed price. Between February 2024 and March 2024, Brooklyn, NY real estate market has seen increase in the number of listings 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.