10 days on rocket

341 86th St, Brooklyn, NY, 11209

$6,499,000

42 Bedrooms
21 Full Baths
16,590 SqFt
$392/SqFt
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
Parking6+ Spaces, Parking Area, Private Drive
Year Built1917
HeatingSteam, Oil
CoolingOther
BasementYes
FireplaceOther
MLS #481423
StatusActive

About 341 86th St

Calling all investors looking for an amazing property in Bay Ridge. 21 units fully rented, 4 - 1 bedrooms, 13 - 2 bedrooms and 4 - 3 bedroom units. Building is 50x90 and the lot is 60x150 with R5B zoning. Amazing location with convenience to everything. Residential units are collecting $30,285.51 monthly. Most of the units have been recently renovated. Coin operated laundry in the basement generating $1,000 monthly and the best part is a private driveway leading to a parking area for 12-14 cars that can generate up to $3,500 monthly. 7 year old Rubber Roof.

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Stories: 4
  • Living Area: 16,590 SqFt

Listing Office:

  • Office Name: Ben Bay Realty Co of Bay Ridge

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 21
  • Total Bedroom Count: 42

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Parking: 6+ Spaces, Parking Area, Private Drive

Utilities

Utilities Information:

  • Heating: Steam, Oil
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,499,000
  • Price Per SqFt: $392/SqFt

Tax Information:

  • Annual Amount: $85,259
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

341 86th St vs Brooklyn

10 DAYS ON ROCKET

-91 Days

$6,499,000

+$5.5M More

$392/SqFt

-$298 Less

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price and $298/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #481423

Listing Office:

  • Office Name: Ben Bay Realty Co of Bay Ridge

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, 10:20:31 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$85,259$718,650
2019$85,059$683,550
2018$78,573$774,000
2017$74,444$717,750

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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-5273155
9
/10
  • PS 264 Bay Ridge Elementary School For The Arts

  • 371 89th St

  • 0.16 miles

  • Public District Grades PK-3

school-card-donut-5273156
9
/10
  • PS 185 Walter Kassenbrock

  • 8601 Ridge Blvd

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-5273157
7
/10
  • PS 127 Mckinley Park

  • 7805 7th Ave

  • 0.61 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,287. Typical income of Brooklyn, NY residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkKings CountyBrooklyn11209341 86th St

This home is located at 341 86th St in Brooklyn, NY and zip code 11209 in the New Utrecht neighborhood. This 16,590 square foot home was built in 1917. Features: 42 bedrooms, 21 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $6,499,000.

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. The number of homes for sale in Brooklyn, NY increased by 0.1% between March 2024 and April 2024. 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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