2 months on rocket

Sale Pending

863 Woodward Ave, New York City, NY, 11385

$1,675,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
3,400 SqFt
$493/SqFt
Townhouse
Schools Nearby

Location

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863 Woodward Ave, New York$1,675,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1930
BasementYes
MLS #COMP-1518308788782135969
StatusSale Pending

About 863 Woodward Ave

863 Woodward Avenue is a 4-unit, turnkey investment property located on the border of the Central Ridgewood Historic District. The building has been renovated and meticulously maintained. It features a shared backyard with direct access from the first-floor apartments, as well as a laundry room and storage lockers in the basement. The building measures 25.5' x 67', totaling approximately 3,400 square feet. The roof, mechanicals, windows, and facades are all in excellent condition. Additionally, each unit is individually metered for electricity and cooking gas. This is an ideal opportunity for a 1031 exchange or a savvy end user to offset their mortgage. Investment highlights: -4 tastefully renovated two-bed free market apartments - Tax class 2A, limiting property tax increases -Located on tree-lined residential block -Just 2 blocks to the Forest M train stop, or 0.5 miles to the L train at Myrtle/Wyckoff -Surrounded by popular venues and restaurants such as TV Eye, Cozy Corner, Rolo's, and many more *For the complete property setup and financials, please contact the listing broker​​‌​​​​‌​‌​​​‌​​​​‌‌​​‌​​‌​​​‌​‌ directly.

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1930
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Jeffrey Valcourt
  • Agent Phone: (917) 244-5321

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s)
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Granite Counters, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,675,000
  • Price Per SqFt: $493/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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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

863 Woodward Ave vs New York

65 DAYS ON ROCKET

-31 Days

$1,675,000

+$829.5K More

$493/SqFt

-$144 Less

KEY TAKEAWAY

This property is $829.5K more than the Median Sold Price and $144/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1518308788782135969

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Jeffrey Valcourt
  • Agent Phone: (917) 244-5321

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 4/29/2024, 11:25:20 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

$8,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,088

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-3403647
5
/10

  • PS 239

  • 1715 Weirfield St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-3403648
4
/10

  • PS 88 Seneca

  • 6085 Catalpa Ave

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-3403649
5
/10

  • PS 68 Cambridge

  • 5909 Saint Felix Ave

  • 0.49 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,810. The majority of New York, NY residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 863 Woodward Ave

What is the listing price of this property?

The listing price of 863 Woodward Ave property is $1,675,000.

What type of property is this?

The property 863 Woodward Ave is a townhouse located in New York City, New York, 11385.

Is this property for sale now?

Sale Pending: 863 Woodward Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 863 Woodward Ave has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 863 Woodward Ave is 3,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 863 Woodward Ave is 1930.

Rocket Homes›New York›Queens County›New York›11385›863 Woodward Ave

This home is located at 863 Woodward Ave in New York City, NY and zip code 11385 in the Ridgewood neighborhood. This 3,400 square foot home was built in 1930. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $1,675,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. 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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