10 months on rocket

Sale Pending

8820 Bay 16th St, Brooklyn, NY, 11214

$1,749,000

Home List Price

$10,000*

Closing Credit

5 Full Baths
3,500 SqFt
$500/SqFt
Multi
Schools Nearby

Location

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8820 Bay 16th St, Brooklyn$1,749,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking3 Spaces, Detached Garage, Shared Drive
Year Built1920
HeatingHeat Pump, Hot Water, Natural Gas
BasementYes
MLS #474486
StatusSale Pending
(Pending)

About 8820 Bay 16th St

Very big 3 families house. 30x54 It’s about 3500 square feet. The lot size is about 4000 sqft First floor 3 nice size 3 bedrooms could convert into 4 bedrooms. Livining room and dining. 2 bathrooms. 2 floor 2 bedrooms and it is very easy to convert into 3 bedrooms. 3rd floor is set up 2 bedrooms and living room. Located in the Excellent school zoning, very convenience to All transportation like X BUS directly to Manhatton around the corner. Only 5 blocks away to 3 huge Chinese supermarkets and also do all Kinds of shopping eating On 86th street. Schedule a tour to view today.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Stories: 2
  • Living Area: 3,500 SqFt

Listing Office:

  • Office Name: Exit Realty Top Properties

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 5

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: 3 Spaces, Detached Garage, Shared Drive

Utilities

Utilities Information:

  • Heating: Heat Pump, Hot Water, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,749,000
  • Price Per SqFt: $500/SqFt

Tax Information:

  • Annual Amount: $8,191
  • 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

8820 Bay 16th St vs Brooklyn

322 DAYS ON ROCKET

+225 Days

$1,749,000

+$791.6K More

$500/SqFt

-$184 Less

KEY TAKEAWAY

This property is $791.6K more than the Median Sold Price and $184/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #474486

Listing Office:

  • Office Name: Exit Realty Top Properties

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: 4/19/2024, 8:25:13 AM 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$8,191$86,580
2019$8,190$89,400
2018$6,939$35,830
2017$6,446$34,038

History based on county public records data.

Payment Calculator

$8,797

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,310

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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-383978
9
/10

  • PS 748 Brooklyn School For Global Scholars

  • 1664 Benson Ave

  • 0.22 miles

  • Public District Grades PK-4

school-card-donut-383979
6
/10

  • PS 200 Benson School

  • 1940 Benson Ave

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-383980
8
/10

  • PS 204 Vince Lombardi

  • 8101 15th Ave

  • 0.69 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 $47,030. 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 high school diploma education.

All data provided by Home Junction and Claritas

Living In Bath Beach, Brooklyn

What are the common housing types in Bath Beach, Brooklyn?

Large apartment buildings are the most common housing type, representing about 30% of buildings in Bath Beach, while small apartment buildings, duplexes, and townhouses make up most of the remaining housing stock. This neighborhood is primarily composed of three bedroom and two bedroom homes. Roughly 55% of the population of this neighborhood rent their home and 45% are owners. Most of the housing growth in this part of the city took place before the 1960s.

What are the advantages of living in Bath Beach, Brooklyn?

People who prefer a relaxed ambience will enjoy Bath Beach. There is a fair amount of greenery in this neighborhood as there are many tree-lined streets. There are about 30 parks nearby for residents to visit, such as Dyker Beach Park and Calvert Vaux Park, making them very easy to access. This neighborhood is quiet overall, as noise from streets and other parts of the city is rarely an issue - although there are still several noisier sections, especially close to the railway line.

Are essential services in Bath Beach, Brooklyn convenient?

Both primary and secondary schools are very easy to walk to from most properties for sale in Bath Beach. At the secondary level, there are both public and private schools. When it comes to food, a general and a specialty grocery store is always only a very short walk away in this part of New York. Moreover, there is typically a restaurant or cafe just around the corner, for example along 20th Avenue. A reasonable variety of clothing stores is also located within a reasonably short walking distance, for instance on 86th Street.

How do Bath Beach, Brooklyn residents get around?

This area affords property owners the choice between several methods of transportation. The public transit service in Bath Beach is very good. The nearest rapid transit station, including 25 Av Station, Bay 50 St Station and Bay Parkway Station with access to the F | Queens Blvd Express/ 6 Av Local Line and D | 6 Avenue Express, is generally close by from the bulk of properties in the neighborhood. There are a few bus lines traversing the neighborhood, and bus stops are not very far-removed from most houses. Walking is also very feasible for home buyers in Bath Beach; many day-to-day errands can be run without the use of a vehicle, and plenty of businesses are quite close by. The bicycle is a fairly good mode of transportation in Bath Beach since there are a limited number of hills for cyclists to brave, and the cycling network is quite comprehensive.

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Rocket Homes›New York›Kings County›Brooklyn›11214›8820 Bay 16th St

This home is located at 8820 Bay 16th St in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 3,500 square foot home was built in 1920. Features: 5 bathrooms. It has been listed on Rocket Homes since June 02, 2023 and is currently priced at $1,749,000.

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. The number of homes for sale in Brooklyn, NY increased by 0.8% between February 2024 and March 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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