5 months on rocket

509 Liberty Ave, New York City, NY, 11207

$2,350,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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509 Liberty Ave, New York$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
BasementYes
ViewOther
MLS #RPLU-63222784943
StatusActive

About 509 Liberty Ave

A 25' wide two unit, two story corner mixed-use building. The first floor is a funeral home, which is built full. The second floor front unit is a two-bedroom apartment. The back unit is a one-bedroom apartment.<br><br>The property is a <strong>prime development opportunity</strong>. A developer can build a seven story mixed-use building. The ground floor can be a store and above would be six floor through two-bedroom apartments. The units would get great sunlight, would have full kitchen and bathroom along with living and dining area. They would also be individually metered which their own heating and cooling systems. The apartments can be luxury rentals or condos.<br><br>An <strong>investor</strong> can renovate the two free market apartments and charge market rents for them. They can rent the commercial space to a grocery store, beauty salon or laundry mate. A <strong>user</strong> can have a business on the ground floor and combine the two units above to create a three bedroom apartment. <br><br>The building is located in an area that's under a lot of development and is one block from the J and Z trains on Fulton Street and Van Siclen Avenue.

Property Details

Property Features

Property Information:

  • Architectural Style: WalkUp

Listing Office:

  • Office Name: Brown Harris Stevens Residential Sales LLC
  • Office Phone: (212) 906-9234
  • Listing Agent: Kervin Vales
  • Agent Phone: (212) 396-8244

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
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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

509 Liberty Ave vs New York

172 DAYS ON ROCKET

+76 Days

$2,350,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M 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: REBNY
  • MLS Number: #RPLU-63222784943

Listing Office:

  • Office Name: Brown Harris Stevens Residential Sales LLC
  • Office Phone: (212) 906-9234
  • Listing Agent: Kervin Vales
  • Agent Phone: (212) 396-8244

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: 5/6/2024, 12:20:34 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

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

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-6921206
4
/10

  • PS 290 Juan Morel Campos

  • 135 Schenck Ave

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-6921207
3
/10

  • PS 158 Warwick

  • 400 Ashford St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-6921208
8
/10

  • Achievement First Apollo Charter School

  • 350 Linwood St

  • 0.40 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,125. Most New York, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 Liberty Ave

What is the listing price of this property?

The listing price of 509 Liberty Ave property is $2,350,000.

What type of property is this?

The property 509 Liberty Ave is a house located in New York City, New York, 11207.

Is this property for sale now?

Active Listing: 509 Liberty Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 509 Liberty Ave has 3 bedrooms and 2 bathrooms.

Rocket Homes›New York›Kings County›New York›11207›509 Liberty Ave

This home is located at 509 Liberty Ave in New York City, NY and zip code 11207 in the East New York neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $2,350,000.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. In April 2024 in New York, NY there were 3.8% more homes for sale than in March 2024. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

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

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