1 month on rocket

363 Franklin Ave, New York City, NY, 11238

$2,185,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
7 Full Baths
3,798 SqFt
$575/SqFt
Multi
Schools Nearby

Location

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363 Franklin Ave, New York$2,185,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built2010
MLS #COMP-1517646912411077297
StatusActive

About 363 Franklin Ave

BED STUY/ CLINTON HILL 3 FAMILY TOWNHOUSE LOCATION... LOCATION... LOCATION... 20 BY 65 HOUSE 20 BY 100 LOT SIZE 3 UNITS WITH BONUS STUDIO SPACE Monthly Rent (Current. All 3 leases expire on July 31, 2024) 1: $3,750 2: $3,025 3. $3,450 Total Revenue: $10,225 pm ($122,700 annual) RE Taxes: $13,537 (2023/24) Insurance: $3,500 (2023/24) Total Tax + Insurance: $17,037 Total Income: $105,663 Projected Market Rent for (2024/25) 1: $3,900 2: $3,200 3: $3,550 Total: 10,650 pm ($127,800 annual)

Property Details

Property Features

Property Information:

  • Year Built: 2010
  • Living Area: 3,798 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Ante Jakic
  • Agent Phone: (718) 640-8344

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: High Ceilings

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,185,000
  • Price Per SqFt: $575/SqFt

HOA Fees:

  • Amount: $1
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

363 Franklin Ave vs New York

37 DAYS ON ROCKET

-59 Days

$2,185,000

+$1.3M More

$575/SqFt

-$62 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $62/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1517646912411077297

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Ante Jakic
  • Agent Phone: (718) 640-8344

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 4/28/2024, 5:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,617

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-2460817
3
/10

  • PS 56 Lewis H Latimer

  • 170 Gates Ave

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-2460818
1
/10

  • PS 270 Johann Dekalb

  • 241 Emerson Pl

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-2460819
2
/10

  • PS 3 The Bedford Village

  • 50 Jefferson Ave

  • 0.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,401. Typical income of New York, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11238›363 Franklin Ave

This home is located at 363 Franklin Ave in New York City, NY and zip code 11238 in the Bedford neighborhood. This 3,798 square foot home was built in 2010. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $2,185,000.

New York, NY housing market in March 2024 saw over 154 listings sold above listed price, more than 645 sold at listed price and over 748 sold below. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. In March 2024 median list price was $845,489 and the average listing age was 96 days.

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

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