1 month on rocket

576 Ridgewood Ave, Cypress Hills, NY, 11208

$2,300,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,449 SqFt
$667/SqFt
Multi
Schools Nearby

Location

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576 Ridgewood Ave, New York$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, 3 Car Attached
Attached Garage3 spaces
Year Built1920
HeatingNatural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #3540333
Lot Size0.04 Acres
StatusActive
(A)

About 576 Ridgewood Ave

Turn-Key Mixed-Use Property in this upcoming neighborhood of Cypress Hill, Brooklyn. This property consists in a store front of about 600 SQFT on the first floor, 3-bedroom apartment on the second floor and 2-1-bedroom apartments on the third floor. This property also includes 3 car attached garages and a full basement. Latest capital improvements are new roof, sprinkler system, new electrical wiring, and new plumbing through out the building, each apartment has its own Navien tankless water heater-wall mounted and new heating radiator. Pro-Forma NOI $137,000, CAP 6%

Property Details

Property Features

Property Information:

  • Architectural Style: Store+Dwell
  • Year Built: 1920
  • Living Area: 3,449 SqFt

Listing Office:

  • Office Name: Keller Williams Rlty Landmark
  • Office Phone: (718) 475-2700

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, 3 Car Attached

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Refer to Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $667/SqFt
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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

576 Ridgewood Ave vs New York

33 DAYS ON ROCKET

-63 Days

$2,300,000

+$1.4M More

$667/SqFt

+$30 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $30/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3540333

Listing Office:

  • Office Name: Keller Williams Rlty Landmark
  • Office Phone: (718) 475-2700

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: 4/28/2024, 11:56:17 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

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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-2763654
4
/10

  • PS 7 Abraham Lincoln

  • 858 Jamaica Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-2763655
9
/10

  • PS 65

  • 696 Jamaica Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-2763656
5
/10

  • PS 64 Joseph P Addabbo

  • 8201 101st Ave

  • 0.67 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 $61,203. The majority of New York, NY residents have income between $35k-100k annually. Typical family type 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›New York›11208›576 Ridgewood Ave

This home is located at 576 Ridgewood Ave in Cypress Hills, NY and zip code 11208 in the Cypress Hills neighborhood. This 3,449 square foot home, which was built in 1920, sits on a 0.04 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $2,300,000.

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. In March 2024 in New York, NY there were 3.7% more homes for sale than in February 2024. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.

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

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