2 months on rocket

848 56th St, Brooklyn, NY, 11220

$2,650,000

4 Full Baths
2,160 SqFt
$1,227/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingDetached Garage, Private Drive
Year Built1925
HeatingHot Water, Natural Gas
CoolingOther
BasementYes
FireplaceStove, Other
MLS #479996
StatusActive

About 848 56th St

Remark: Prime Investment Opportunity in Sunset Park, Brooklyn. Nestled in the heart of Sunset Park on 8th Ave, this proposed 6-story development presents a golden opportunity for investors and builders. Key highlights include: • Building Specs: Offers a lot size of 27x100 ft and a building size of 20x60 ft, with private driveway and garage. • Development Potential: Approved plans for 6 story building and two commercial spaces of 2,226 sq ft each. Zoned R6B, allowing construction up to 6 stories. • Total Buildable Area: 7,531 sq ft, with legal approvals for front and side extensions to maximize usable space. Ideal for those looking to develop a project that blends commercial viability with residential appeal. Contact the listing agent today for more details.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,160 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: 4

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

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

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,650,000
  • Price Per SqFt: $1,227/SqFt

Tax Information:

  • Annual Amount: $9,185
  • 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

848 56th St vs Brooklyn

67 DAYS ON ROCKET

-30 Days

$2,650,000

+$1.6M More

$1,227/SqFt

+$543 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $543/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #479996

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: 4/27/2024, 5:25:16 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$9,185$103,020
2018$8,246$42,279
2017$7,599$41,920

History based on county public records data.

Payment Calculator

$13.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,011

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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-1428078
10
/10
  • PS 105 The Blythebourne

  • 1031 59th St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-1428079
9
/10
  • School For Future Leaders (The)

  • 942 62nd St

  • 0.33 miles

  • Public District Grades PK-4

school-card-donut-1428080
9
/10
  • PS 69 Vincent D Grippo School

  • 6302 9th Ave

  • 0.36 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,591. Most Brooklyn, NY residents have annual incomes less than $35k. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkKings CountyBrooklyn11220848 56th St

This home is located at 848 56th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 2,160 square foot home was built in 1925. Features: 4 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $2,650,000.

Brooklyn, NY housing market in March 2024 saw over 39 listings sold above listed price, more than 179 sold at listed price and over 151 sold below. In March 2024 in Brooklyn, NY there were 0.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 97 days, the median list price was $957,365.

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

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