6 months on rocket

1197 Flatbush Ave, Flatbush, NY, 11226

$1,599,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
Multi

Location

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1197 Flatbush Ave, New York$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1910
HeatingOther
CoolingNone
BasementYes
MLS #3550171
Lot Size0.04 Acres
StatusActive
(A)

About 1197 Flatbush Ave

Income Producing Mix-Use For Sale! Opportunity is knocking! Call today for your private tour of this centrally located mix-use property. Located in one of Brooklyn's busiest corridors. 1197 Flatbush Ave, offers 2 spacious residential units, and an established storefront located on the first floor. (Total annual rental income $90,600 + tenants pays 50% taxes.) the opportunities are endless and the expenses are limited! Close to stores, supermarkets, high volume of foot traffic. B41 Bus route , Trains "B" and "Q"

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment
  • Year Built: 1910

Listing Office:

  • Office Name: GMA Enterprise
  • Office Phone: (718) 322-4030

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
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Housing Market Comparison

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

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

1197 Flatbush Ave vs New York

191 DAYS ON ROCKET

+107 Days

$1,599,000

+$742.8K More

KEY TAKEAWAY

This property is $742.8K 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: #3550171

Listing Office:

  • Office Name: GMA Enterprise
  • Office Phone: (718) 322-4030

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: 11/16/2024, 10:11:48 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

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

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-102513
7
/10

  • P.S. 245 Brooklyn

  • 249 E 17th St

  • 0.45 miles

  • Public Magnet Grades 1-5

school-card-donut-102514
3
/10

  • P.S. 361 East Flatbush Early Childhood School

  • 1957 Nostrand Ave

  • 0.47 miles

  • Public District Grades KG-2

school-card-donut-102515
6
/10

  • P.S. 139 Alexine A. Fenty School

  • 330 Rugby Rd

  • 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 $30,275. Most New York, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11226›1197 Flatbush Ave

This home is located at 1197 Flatbush Ave in Flatbush, NY and zip code 11226 in the Flatbush neighborhood. This home, which was built in 1910, sits on a 0.04 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,599,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

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

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