7 months on rocket

854 Blake Ave, East New York, NY, 11207

$850,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
3,200 SqFt
$266/SqFt
Multi
Schools Nearby

Location

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854 Blake Ave, New York$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1901
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3505226
Lot Size0.06 Acres
StatusActive
(A)

About 854 Blake Ave

Prime Location: Nestled in a desirable Brooklyn neighborhood, this property enjoys proximity to the bustling city life. Conveniently situated near public transportation, parks, schools, and a variety of dining and shopping options. Income Potential: This approximately 3200 building size multi-family property boasts well-maintained and spacious units, making it an excellent income-generating asset. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage, this property has endless potential. Outdoor Space: Experience outdoor living in the heart of the city with a front patio and backyard. Perfect for relaxation or entertaining, this feature adds significant value to the property. Renovation Potential: For those with a vision, this property provides the opportunity to update and customize each unit to your liking. Create modern living spaces that will attract high-quality tenants and maximize income. Strong Market: Brooklyn continues to be one of New York City's hottest markets, making this property a sound investment with long-term growth potential. Flexibility: The property's layout has flexibility in terms of use. Whether you're interested in renting out all units, living in one while renting out the others, or converting the property into a spacious single-family home, the choice is yours. Don't miss out on this incredible opportunity to own a multi-family property in the heart of Brooklyn. Checkout and explore the potential that this property has to offer. Brooklyn living awaits you!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1901
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Voro LLC
  • Office Phone: (877) 943-8676

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $266/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

854 Blake Ave vs New York

220 DAYS ON ROCKET

+124 Days

$850,000

+$4.5K More

$266/SqFt

-$371 Less

KEY TAKEAWAY

This property is $4.5K more than the Median Sold Price and $371/SqFt less 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: #3505226

Listing Office:

  • Office Name: Voro LLC
  • Office Phone: (877) 943-8676

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: 4/27/2024, 9:11:16 AM 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

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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-1126113
3
/10
  • PS 158 Warwick

  • 400 Ashford St

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-1126114
7
/10
  • PS 149 Danny Kaye

  • 700 Sutter Ave

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-1126115
3
/10
  • East New York Elementary School of Excellence

  • 605 Shepherd Ave

  • 0.41 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,362. Most New York, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›New York›11207›854 Blake Ave

This home is located at 854 Blake Ave in East New York, NY and zip code 11207 in the East New York neighborhood. This 3,200 square foot home, which was built in 1901, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $850,000.

In March 2024, from all listings sold in New York, NY there were more than 154 sold above asking price, over 748 sold below and more than 645 were sold right at the asked price. In March 2024 in New York, NY there were 3.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 96 days, the median list price was $845,489.

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

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