2 months on rocket

247 Senator St, Brooklyn, NY, 11220

$1,025,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
6 Full Baths
4,500 SqFt
$228/SqFt
Multi
Schools Nearby

Location

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247 Senator St, Brooklyn$1,025,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther, Street
Year Built1906
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #480077
StatusActive

About 247 Senator St

Calling all Investors, End-users and Developers Six-family building in Bay Ridge. The building is in excellent condition, with a modern and fully functional heating system and a recently replaced roof. Nearby amenities include parks, well-performing schools, the R Train, and multiple MTA Bus services. The financials for the building are as follows: Current Gross Collectible Income (GCI): $105,600, Current Total Annual Expenses: $30,152, and Current Net Operating Income (NOI): $75,448. This property would be an excellent addition to any real estate investment portfolio. Don't miss out on this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1906
  • Stories: 3
  • Living Area: 4,500 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Professiona

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: 10

Exterior Features

Parking Information:

  • Parking: Other, Street

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,025,000
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $14,749
  • 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

247 Senator St vs Brooklyn

60 DAYS ON ROCKET

-37 Days

$1,025,000

+$67.6K More

$228/SqFt

-$456 Less

KEY TAKEAWAY

This property is $67.6K more than the Median Sold Price and $456/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480077

Listing Office:

  • Office Name: RE/MAX Real Estate Professiona

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: 4/27/2024, 11:25:16 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

Jun 21, 2018Home Sold
$13,790,000
Sep 28, 2015Home Sold
$825,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,749$330,750
2019$14,748$348,300
2018$12,497$105,784
2017$11,729$98,257

History based on county public records data.

Payment Calculator

$5,183

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,140

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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-1181950
7
/10

  • PS 102 The Bayview

  • 211 72nd St

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-1181951
9
/10

  • Ralph A Fabrizio School

  • 415 Ovington Ave

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-1181952
5
/10

  • School of Math, Science and Healthy Living

  • 6214 4th Ave

  • 0.35 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,840. The most common annual income of people living in Brooklyn, NY is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11220›247 Senator St

This home is located at 247 Senator St in Brooklyn, NY and zip code 11220 in the New Utrecht neighborhood. This 4,500 square foot home was built in 1906. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $1,025,000.

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%. While the average time on the market in March 2024 was 97 days, the median list price was $957,365.

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

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