2 months on rocket

714 E 7th St, Brooklyn, NY, 11218

$2,500,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
3,500 SqFt
$714/SqFt
Multi
Schools Nearby

Location

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714 E 7th St, Brooklyn$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Spaces, Detached Garage, Private Drive
Year Built1925
HeatingHot Water, Natural Gas
CoolingOther
BasementYes
FireplaceStove, Other
MLS #479857
StatusActive

About 714 E 7th St

Detached 2 family brick house 25X70, lot 40X110, 3 bedrooms each apartment, finished basement, private driveway + detached garage

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,500 SqFt

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove, Other
  • Basement: Yes
  • Flooring Type: Tile, Other
  • Fireplace: Stove, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: 2 Spaces, Detached Garage, Private Drive

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $714/SqFt

Tax Information:

  • Annual Amount: $12,782
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

714 E 7th St vs Brooklyn

75 DAYS ON ROCKET

-22 Days

$2,500,000

+$1.5M More

$714/SqFt

+$30 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $30/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #479857

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

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: 4/28/2024, 2:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,782$111,840
2019$12,782$111,840
2018$10,618$53,745
2017$10,413$52,087

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-2303250
5
/10
  • Brooklyn Dreams Charter School

  • 259 Parkville Ave

  • 0.17 miles

  • Public Charter Grades KG-6

school-card-donut-2303251
10
/10
  • PS 134

  • 4001 18th Ave

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-2303252
6
/10
  • PS 217 Colonel David Marcus School

  • 1100 Newkirk Ave

  • 0.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,888. Typical income of Brooklyn, NY residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›Brooklyn›11218›714 E 7th St

This home is located at 714 E 7th St in Brooklyn, NY and zip code 11218 in the Kensington neighborhood. This 3,500 square foot home was built in 1925. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $2,500,000.

In March 2024 more than 39 listings in Brooklyn, NY were sold above the asking price. During the same period more than 179 listings were sold at asking price, while more than 151 were sold below. In March 2024 in Brooklyn, NY there were 0.8% more homes for sale than in February 2024. Listings spent 97 days on the market in March 2024, and had a median list price of $957,365 during the same period.

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

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