1 year on rocket

1516 70th St, Brooklyn, NY, 11228

$1,890,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
2,800 SqFt
$675/SqFt
Multi

Location

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1516 70th St, Brooklyn$1,890,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking6+ Spaces, Private Drive
Year Built1999
HeatingBaseboard, Hot Water, Natural Gas
CoolingWindow Unit(s)
BasementYes
FireplaceStove
MLS #474628
StatusActive

About 1516 70th St

Supersized 3 Family in Prime Bensonhurst w/Private Driveway! Lot Sized: 30X100 Building: 20X75=1500Sq.Ft X2 stories=3000 Sq.Ft Zoning: R-5, C1-2 Your search is over and welcome to the property that Has it All! Location, size, private driveway, condition, large yard, this property simple check all of the boxes. The supersized three family is currently configured as a large through four-bedroom apartment on the first floor, and three are two, two-bedroom apartments on the second floor. The property was renovated in recent years, and it is in good condition. The generous 10-foot private driveway offers parking capacity for multiple cars and large backyard is perfect for entertaining and those summer parties! There are separate boilers/hot water heaters for each apartment. The property is centrally located in the heart of Bensonhurst, within short distance to all the retain shopping, the best restaurants in the neighborhood, parks and playgrounds, all the supermarket you can choose from, the best schools in the district, and D train station is half a block away! You do not want to miss this opportunity so call today to schedule your private showing! Will be delivered vacant at the closing.

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Stories: 2
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: 6+ Spaces, Private Drive

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,890,000
  • Price Per SqFt: $675/SqFt

Tax Information:

  • Annual Amount: $10,770
  • 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

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

1516 70th St vs Brooklyn

563 DAYS ON ROCKET

+452 Days

$1,890,000

+$910K More

$675/SqFt

-$27 Less

KEY TAKEAWAY

This property is $910K more than the Median Sold Price and $27/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #474628

Listing Office:

  • Office Name: RE/MAX Edge

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: 12/22/2024, 4:20:49 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$10,770$84,900
2019$10,770$88,380
2018$9,711$50,498
2017$8,985$47,640

History based on county public records data.

Payment Calculator

$9,500

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,733

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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-874663
7
/10

  • P.S. 112 Lefferts Park School

  • 7115 15th Ave

  • 0.06 miles

  • Public District Grades KG-5

school-card-donut-874664
7
/10

  • P.S. 176 The Ovington School

  • 1225 69th St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-874665
7
/10

  • P.S. 204 Vince Lombardi School

  • 8101 15th Ave

  • 0.55 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 $31,509. Typical income of Brooklyn, NY residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11228›1516 70th St

This home is located at 1516 70th St in Brooklyn, NY and zip code 11228 in the Bensonhurst neighborhood. This 2,800 square foot home was built in 1999. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 07, 2023 and is currently priced at $1,890,000.

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. While the average time on the market in November 2024 was 111 days, the median list price was $979,913.

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

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