4 months on rocket

108 5th Ave, Boerum Hill, NY, 11217

$3,900,000

0.05 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #3561549
Lot Size0.05 Acres
StatusActive
(A)

About 108 5th Ave

The commercial land for sale in downtown Brooklyn presents an excellent opportunity for builders. The vacant lot, with dimensions of 25x93.33 and zoned R6A, C1-4, offers 2333 sq. ft. of space. Additionally, it has the potential to accommodate a structure of 7000 sqft above ground along with a 2333 sqft basement. Its prime location close to the Barclays Center further adds to its appeal for potential development.

Property Details

Property Features

Listing Office:

  • Office Name: Royalux Realty LLC
  • Office Phone: (917) 257-6112

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.05 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,900,000
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Housing Market Comparison

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

Med. Sold Price

$853.8K

Med. Price/SqFt

$636

Avg. Days On Market

87

# of Sold Homes

1854

108 5th Ave vs New York

128 DAYS ON ROCKET

+41 Days

$3,900,000

+$3.0M More

KEY TAKEAWAY

This property is $3.0M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3561549

Listing Office:

  • Office Name: Royalux Realty LLC
  • Office Phone: (917) 257-6112

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: 10/31/2024, 11:11:47 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

$19.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.7K

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-906359
6
/10
  • PS 133 William A Butler

  • 610 Baltic St

  • 0.12 miles

  • Public District Grades PK-5

school-card-donut-906360
6
/10
  • PS 38 The Pacific

  • 450 Pacific St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-906361
10
/10
  • PS 321 William Penn

  • 180 7th Ave

  • 0.55 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,146. Most New York, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 108 5th Ave

What is the listing price of this property?

The listing price of 108 5th Ave property is $3,900,000.

What type of property is this?

The property 108 5th Ave is land located in Boerum Hill, New York, 11217.

Is this property for sale now?

Active Listing: 108 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 108 5th Ave is 0.05 acres.
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Rocket HomesNew YorkKings CountyNew York11217108 5th Ave

This home is located at 108 5th Ave in Boerum Hill, NY and zip code 11217 in the South Brooklyn neighborhood. This home sits on a 0.05 acre lot. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $3,900,000.

Over 238 listings were sold over their listed price in September 2024 in New York, NY. In the same period over 851 listings were sold below the listed price and 765 listings were sold for the listed price. The inventory of homes for sale in New York, NY between August 2024 and September 2024 increased by 3%. In September 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $853,828.

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

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