3 months on rocket

225 65th St, Brooklyn, NY, 11220

$1,180,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
6 Full Baths
3,600 SqFt
$328/SqFt
Multi
Schools Nearby

Location

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225 65th St, Brooklyn$1,180,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached Garage, Detached Garage, Shared Drive
Attached GarageYes
Year Built1911
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #479147
StatusActive

About 225 65th St

Exceptional Opportunity to Acquire This WELL MAINTAINED, Legal 6-Family Brick House in Sunset Park Brooklyn. With Building Dimension of 20' X 60' on A 25' X 100' Lot, This SEMI-DETACHED Property Boasts a 9'10" Wide Shared Driveway and a Garage in The Backyard. This 3-STORY House Comprises Five Units with Two Bedrooms Each, and One Unit with One Bedroom. All Units Feature a Combined Living Room and Dining Area, Kitchen, and Full Bathroom in Good Move-In Condition. The Fully Finished Basement, Equipped with Windows and High Ceilings, Offers Separate Entrances and Ample Storage Space. The Property Benefits from A New Electrical System with Seven Electric Meters. Ideally Located with Immediate Access to the I-278 Express Way, Belt Parkway, and Short Distance to the N/R 59th Street Subway Station. The financials for the building are as follows: Current Gross Collectible Income (GCI): $110,085, Current Total Annual Expenses: $34,131.36, and Current Net Operating Income (NOI): $75,953.64. This property would be an excellent addition to any real estate investment portfolio. Don't miss out on this opportunity! Won't Last!

Property Details

Property Features

Property Information:

  • Year Built: 1911
  • Stories: 3
  • Living Area: 3,600 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Garage, Detached Garage, Shared Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,180,000
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $10,120
  • 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

225 65th St vs Brooklyn

108 DAYS ON ROCKET

+7 Days

$1,180,000

+$214K More

$328/SqFt

-$362 Less

KEY TAKEAWAY

This property is $214K more than the Median Sold Price and $362/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #479147

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: 5/3/2024, 6:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 05, 2007Home Sold
$780,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,120$306,450
2019$10,119$319,050
2018$8,493$72,109
2017$8,048$66,774

History based on county public records data.

Payment Calculator

$5,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,604

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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-5510270
5
/10

  • School of Math, Science and Healthy Living

  • 6214 4th Ave

  • 0.25 miles

  • Public District Grades PK-3

school-card-donut-5510271
6
/10

  • PS 506 The School of Journalism and Technology

  • 330 59th St

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-5510272
4
/10

  • PS 503 The School of Discovery

  • 330 59th St

  • 0.31 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 $45,430. Typical income of Brooklyn, NY residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11220›225 65th St

This home is located at 225 65th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 3,600 square foot home was built in 1911. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $1,180,000.

In April 2024 more than 25 listings in Brooklyn, NY were sold above the asking price. During the same period more than 208 listings were sold at asking price, while more than 145 were sold below. In April 2024 in Brooklyn, NY there were 0.1% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $965,912, while the average time on the real estate market was 101 days.

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

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