new - 7 days on rocket

1196 New York Ave, Brooklyn, NY, 11203

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
2 Full Baths
1,620 SqFt
$401/SqFt
Multi

Location

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1196 New York Ave, Brooklyn$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1910
HeatingSteam, Natural Gas
CoolingNone
BasementYes
FireplaceNone
MLS #488255
StatusActive

About 1196 New York Ave

First time on market! Two family home on a prime East Flatbush block! Both apartments have 2 bedrooms and a full bath. Unfinished basement with separate entrance. Building size is 20' x 42' & lot size is 20' x 102.5'. Private Backyard. Gas heat and hot water. 2 electric meters and 3 gas meters. Great location close to shopping, eats and houses of worship. This property offers easy commute via public transportation, right across the street from the B44 bus stop, Minutes away from the B8 bus stop, as well as the 2 & 5 subway station. House needs to be totally renovated. Must be all cash buyer, or 203K rehab type mortgage. House will be delivered vacant. All offers must be submitted with proof of funds.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,620 SqFt

Listing Office:

  • Office Name: Pride Estates

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $401/SqFt

Tax Information:

  • Annual Amount: $5,098
  • 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

$987.3K

Med. Price/SqFt

$714

Avg. Days On Market

88

# of Sold Homes

475

1196 New York Ave vs Brooklyn

7 DAYS ON ROCKET

-81 Days

$649,000

-$338.3K Less

$401/SqFt

-$314 Less

KEY TAKEAWAY

This property is $338.3K less than the Median Sold Price and $314/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488255

Listing Office:

  • Office Name: Pride Estates

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 © 2025 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: 1/7/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,098$35,880
2019$5,098$35,880
2018$4,294$22,161
2017$4,012$21,067

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-727691
3
/10

  • P.S. 399 Stanley Eugene Clark School

  • 2707 Albemarle Rd

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-727692
3
/10

  • P.S. 361 East Flatbush Early Childhood School

  • 1957 Nostrand Ave

  • 0.43 miles

  • Public District Grades KG-2

school-card-donut-727693
4
/10

  • Norma Adams Clemons Academy

  • 43 Snyder Ave

  • 0.63 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,123. Typical income of Brooklyn, NY residents is less than $35k annually. Typical family type is 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›11203›1196 New York Ave

This home is located at 1196 New York Ave in Brooklyn, NY and zip code 11203 in the Flatbush neighborhood. This 1,620 square foot home was built in 1910. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $649,000.

In December 2024 more than 40 listings in Brooklyn, NY were sold above the asking price. During the same period more than 257 listings were sold at asking price, while more than 178 were sold below. The number of homes for sale in Brooklyn, NY decreased by 10.4% between November 2024 and December 2024. In December 2024 median list price was $987,395 and the average listing age was 88 days.

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

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