Attention Investors: This presents an exceptional opportunity to acquire a 14-unit apartment building situated in the highly sought-after Prospect Park South neighborhood. This four-story structure comprises 2 studio apartments, 7 one-bedroom apartments, and 5 two-bedroom apartments. The building is well-maintained and offers the potential for several units to be delivered vacant. 1-unit free market rent with the rest being rent stabilized. Private driveway can park multiple cars. The property is conveniently located directly across from Prospect Park and just a few minutes from the B and Q train station at Church Avenue. Rent roll upon request!
Property Details
Property Features
Property Information:
Year Built: 1931
Stories: 4
Living Area: 12,520 SqFt
Listing Office:
Office Name: ProBase Real Estate
Interior Features
Interior Information:
Appliances: Refrigerator, Stove, Other
Basement: Yes
Flooring Type: Carpeting, Hardwood, Tile, Other
Fireplace: Stove, Other
Bedroom and Bathroom Information:
Full Bathrooms: 14
Exterior Features
Exterior Information:
Exterior: Other
Parking Information:
Garage Space: 2 spaces
Parking: 2 Spaces, Private Drive
Utilities
Utilities Information:
Heating: Steam, Oil
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $3,699,999
Price Per SqFt: $296/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $2.7M more than the Median Sold Price and $406/SqFt less than other homes in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #487569
Listing Office:
Office Name: ProBase Real Estate
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.
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: 12/22/2024, 11:20:49 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.5K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
P.S. 249 The Caton School
18 Marlborough Rd
Distance between this listing and this school0.23 miles
Public District Grades PK-5
4
/10
P.S. 889 Brooklyn
21 Hinckley Pl
Distance between this listing and this school0.26 miles
Public District Grades PK-KG
6
/10
P.S. 130 The Parkside School
70 Ocean Pkwy
Distance between this listing and this school0.30 miles
Public District Grades KG-5
Nearby Schools
6
/10
Middle School 839
713 Caton Ave
Distance between this listing and this school0.16 miles
Public District Grades 6-8
7
/10
Middle School 890
21 Hinckley Pl
Distance between this listing and this school0.26 miles
Public District Grades 6-8
9
/10
The Windsor Terrace School
1625 11th Ave
Distance between this listing and this school0.67 miles
Public District Grades KG-8
Nearby Schools
6
/10
Brooklyn College Academy
350 Coney Island Ave
Distance between this listing and this school0.09 miles
Public District Grades 9-12
3
/10
Academy for College Preparatory and Career Exp
911 Flatbush Ave
Distance between this listing and this school0.64 miles
Public District Grades 6-12
5
/10
Academy of Hospitality and Tourism
911 Flatbush Ave
Distance between this listing and this school0.64 miles
The neighbors living near this home have an average income of $63,462. Residents of Brooklyn, NY typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1006 Caton Ave in Brooklyn, NY and zip code 11218 in the Prospect Park South neighborhood. This 12,520 square foot home was built in 1931. Features: 14 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $3,699,999.
In November 2024, from all listings sold in Brooklyn, NY there were more than 28 sold above asking price, over 161 sold below and more than 196 were sold right at the asked price. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. In November 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $979,913.
From Rocket Homes Real Estate and based on county public records data.