1 month on rocket

Sale Pending

8697 16th Ave, Brooklyn, NY, 11214

$1,550,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
2,240 SqFt
$692/SqFt
Multi
Schools Nearby

Location

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8697 16th Ave, Brooklyn$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking4 Spaces, Community Drive
Garage4 spaces
Year Built1925
HeatingSteam, Natural Gas
CoolingOther
BasementYes
FireplaceStove
MLS #480615
StatusSale Pending
(Pending)

About 8697 16th Ave

Location, Location, Location! Fabulous massive two family brick beauty in the heart of Bensonhurst. This wonderful home has been with the same family for many years. The top floor is an oversized 3 bedroom, 1 bath unit. The first floor is a spacious and inviting 2 bedroom, 1 bath unit. The basement has an open layout and ideal for families and entertaining. Located in 11214; easy access to fantastic shopping; excellent school districts, and convenient mass transportation. Home features a detached 2 car garage in the rear of the home; and two additional parking spaces which is an added bonus. This home is zoned for award winning PS 163 elementary school. Home will be delivered vacant! This gem will simply not last.

Property Details

Property Features

Property Information:

  • Architectural Style: High Ranch
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,240 SqFt

Listing Office:

  • Office Name: Bergen Basin Realty LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Window Treatment(s)
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Parking: 4 Spaces, Community Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $692/SqFt

Tax Information:

  • Annual Amount: $8,290
  • Tax Year: 2020
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Housing Market Comparison

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

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Brooklyn, NY

City

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

8697 16th Ave vs Brooklyn

40 DAYS ON ROCKET

-57 Days

$1,550,000

+$592.6K More

$692/SqFt

+$8 More

KEY TAKEAWAY

This property is $592.6K more than the Median Sold Price and $8/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480615

Listing Office:

  • Office Name: Bergen Basin Realty LLC

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, 7:25:14 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$8,290$74,040
2019$8,289$74,040
2018$6,590$37,627
2017$6,475$35,498

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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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-1519767
9
/10

  • PS 748 Brooklyn School For Global Scholars

  • 1664 Benson Ave

  • 0.12 miles

  • Public District Grades PK-4

school-card-donut-1519768
8
/10

  • PS 204 Vince Lombardi

  • 8101 15th Ave

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-1519769
6
/10

  • PS 200 Benson School

  • 1940 Benson Ave

  • 0.52 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 $26,000. The most common annual income of people living in Brooklyn, NY is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11214›8697 16th Ave

This home is located at 8697 16th Ave in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 2,240 square foot home was built in 1925. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $1,550,000.

In March 2024, from all listings sold in Brooklyn, NY there were more than 39 sold above asking price, over 151 sold below and more than 179 were sold right at the asked price. The number of homes for sale in Brooklyn, NY increased by 0.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $957,365, while the average time on the real estate market was 97 days.

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

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