12 days on rocket

1920 W 7th St, Brooklyn, NY, 11223

$1,388,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
2,431 SqFt
$571/SqFt
Multi
Schools Nearby

Location

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1920 W 7th St, Brooklyn$1,388,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Space, Community Drive
Garage1 space
Year Built1930
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceStove
MLS #481894
StatusActive

About 1920 W 7th St

We're thrilled to present this meticulously renovated 2-family brick property in prime Gravesend! Boasting a spacious layout of 3 bedrooms over 3 bedrooms, complemented by a full finished basement with both front and rear exterior access, this residence exudes versatility and investment potential. Every inch of this home has been revitalized with all-new marble floors, kitchen and baths, lighting, doors & windows, and roof, ensuring modern comfort and style. With the convenience of two separate central heating units, two hot water heaters, and three electrical meters, this property is primed for optimal functionality and great rental income. Its private rear parking adds a coveted amenity, its proximity to the F & N train stations, B3, B1 & B4 bus stops, shopping centers, and schools enhances its desirability for both tenants and homeowners alike. Fully vacant and ideal for 1031 exchange buyers seeking a seamless investment transition, this property represents a rare opportunity in today's market.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1930
  • Living Area: 2,431 SqFt

Listing Office:

  • Office Name: Century 21 Homefront Realty

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: 6

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: 1 Space, Community Drive

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,388,000
  • Price Per SqFt: $571/SqFt

Tax Information:

  • Annual Amount: $2,754
  • 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

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

1920 W 7th St vs Brooklyn

12 DAYS ON ROCKET

-89 Days

$1,388,000

+$422K More

$571/SqFt

-$119 Less

KEY TAKEAWAY

This property is $422K more than the Median Sold Price and $119/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #481894

Listing Office:

  • Office Name: Century 21 Homefront 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: 5/23/2024, 12:55:30 AM 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$2,754$67,020
2019$2,753$69,720
2018$2,239$29,738
2017$4,617$28,305

History based on county public records data.

Payment Calculator

$6,995

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,228

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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-458270
8
/10

  • PS 97 The Highlawn

  • 1855 Stillwell Ave

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-458271
7
/10

  • PS 215 Morris H Weiss

  • 415 Avenue S

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-458272
9
/10

  • Academy of Talented Scholars (The)

  • 50 Avenue P

  • 0.59 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 $41,953. The majority of Brooklyn, NY residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11223›1920 W 7th St

This home is located at 1920 W 7th St in Brooklyn, NY and zip code 11223 in the Gravesend neighborhood. This 2,431 square foot home was built in 1930. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $1,388,000.

Over 25 listings were sold over their listed price in April 2024 in Brooklyn, NY. In the same period over 145 listings were sold below the listed price and 208 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between March 2024 and April 2024 increased by 0.1%. In April 2024 median list price was $965,912 and the average listing age was 101 days.

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

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