4 months on rocket

48 Lott Ave, Brownsville, NY, 11212

$1,250,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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48 Lott Ave, New York$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingShared Driveway, Off Street
Year BuiltNew Const., 1930
HeatingNatural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #3520672
Lot Size0.05 Acres
StatusActive
(A)

About 48 Lott Ave

Welcome to 48 Lott Avenue, a well-maintained four-unit (C3), free-market rental building available for the first time in 40 years. This semi-detached property features (2) 2-bedroom, 1 bathroom, and (2) 1-bedroom, 1-bathroom apartments with a fully finished basement. Each apartment is newly renovated and has been kept in excellent condition. The roof and mechanicals are all updated, there is a brand new water heater and a gas boiler. Access to transportation includes the 3 train at Saratoga Avenue station and multiple bus lines. Here's a terrific opportunity to grow your wealth and build your multi-family real estate portfolio in NYC. Two of the units are occupied and can be delivered vacant.

Property Details

Property Features

Property Information:

  • Architectural Style: Semi Detached
  • Year Built: 1930

Listing Office:

  • Office Name: Keller Williams Realty Empire
  • Office Phone: (718) 954-8400

Interior Features

Interior Information:

  • Appliances: ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Living Room/Dining Room Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Shared Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
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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

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

48 Lott Ave vs New York

142 DAYS ON ROCKET

+46 Days

$1,250,000

+$400.8K More

KEY TAKEAWAY

This property is $400.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3520672

Listing Office:

  • Office Name: Keller Williams Realty Empire
  • Office Phone: (718) 954-8400

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. 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: 5/2/2024, 11:56:31 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

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-5100993
5
/10

  • Riverdale Avenue Community School

  • 76 Riverdale Ave

  • 0.22 miles

  • Public District Grades PK-3

school-card-donut-5100994
3
/10

  • Cultural Arts Academy Charter School at Spring Creek

  • 1400 Linden Blvd

  • 0.28 miles

  • Public Charter Grades KG-4

school-card-donut-5100995
7
/10

  • Leadership Preparatory Brownsville Charter School

  • 985 Rockaway Ave

  • 0.29 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,297. Typical income of New York, NY residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11212›48 Lott Ave

This home is located at 48 Lott Ave in Brownsville, NY and zip code 11212 in the Eastern Brooklyn neighborhood. This home, which was built in 1930, sits on a 0.05 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 12, 2023 and is currently priced at $1,250,000.

In April 2024, from all listings sold in New York, NY there were more than 168 sold above asking price, over 748 sold below and more than 758 were sold right at the asked price. The number of listings in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024 median list price was $849,191 and the average listing age was 96 days.

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

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