10 months on rocket

5411 4th Ave, Brooklyn, NY, 11220

$1,558,000

Home List Price

$10,000*

Closing Credit

6 Full Baths
4,875 SqFt
$320/SqFt
Multi
Schools Nearby

Location

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5411 4th Ave, Brooklyn$1,558,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther, Other
Year Built1931
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #474604
StatusActive

About 5411 4th Ave

3-story brick building that has six 2-bedroom family apartments. All apartments are currently leased. R7A zoning. Full, finished basement. Cap rate of 6.13%. Conveniently located in Park Slope with easy access to transportation such as the B11, B37, and B63 bus lines, the D, N, R, and W 53rd St subway station, and Belt Parkway; multiple academic options including P.S.503, P.S. 506, and LEEP Dual Language Academy; and all the stores and restaurants that 4th and 5th Ave have to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Living Area: 4,875 SqFt

Listing Office:

  • Office Name: Momentum Real Estate LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 6

Exterior Features

Parking Information:

  • Parking: Other, Other

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,558,000
  • Price Per SqFt: $320/SqFt

Tax Information:

  • Annual Amount: $12,318
  • 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

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

5411 4th Ave vs Brooklyn

328 DAYS ON ROCKET

+227 Days

$1,558,000

+$592K More

$320/SqFt

-$370 Less

KEY TAKEAWAY

This property is $592K more than the Median Sold Price and $370/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #474604

Listing Office:

  • Office Name: Momentum Real Estate LLC

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: 5/2/2024, 3:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 04, 2015Home Sold
$1,334,000
Dec 14, 2011Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,318$403,650
2019$12,317$403,650
2018$10,430$84,705
2017$9,794$82,002

History based on county public records data.

Payment Calculator

$7,843

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,737

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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-4793759
6
/10

  • PS 506 The School of Journalism and Technology

  • 330 59th St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-4793760
4
/10

  • PS 503 The School of Discovery

  • 330 59th St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-4793761
5
/10

  • PS 94 The Henry Longfellow

  • 5010 6th Ave

  • 0.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,848. The majority of Brooklyn, NY residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11220›5411 4th Ave

This home is located at 5411 4th Ave in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 4,875 square foot home was built in 1931. Features: 6 bathrooms. It has been listed on Rocket Homes since June 09, 2023 and is currently priced at $1,558,000.

Over 25 listings were sold over their listed price in April 2024 in Brooklyn, NY. In the same period over 145 listings were sold below the listed price and 208 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between March 2024 and April 2024 increased by 0.1%. The median list price of listings available in April 2024 was $965,912, while the average time on the real estate market was 101 days.

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

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