Development opportunity. A 23x105 vacant lot ready for transformation with approved plans for a two-family home. It can be combined with the adjacent lot at 1537 East 98th Street, doubling the potential with a total size of 50x105. Ideal for developers or investors looking to make a mark in the heart of Canarsie.
Price Information
Listing Price Info
Price Summary:
List Price: $259,000
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 $721.8K less than the Median Sold Price in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #480205
Listing Office:
Office Name: RE/MAX Edge
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: 10/31/2024, 8:20:48 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,360
Per Month
Principal & Interest
$1,293
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
$843
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
4
/10
PS 272 Curtis Estabrook
10124 Seaview Ave
Distance between this listing and this school0.22 miles
Public District Grades PK-5
6
/10
PS 115 Daniel Mucatel School
1500 E 92nd St
Distance between this listing and this school0.38 miles
Public District Grades PK-5
9
/10
PS 279 Herman Schreiber
1070 E 104th St
Distance between this listing and this school0.58 miles
Public District Grades PK-5
Nearby Schools
8
/10
Leadership Preparatory Canarsie Charter School
1001 E 100th St
Distance between this listing and this school0.57 miles
Public Charter Grades 5-5
7
/10
Intermediate School 211 John Wilson
1001 E 100th St
Distance between this listing and this school0.57 miles
Public District Grades 6-8
5
/10
Science and Medicine Middle School (The)
965 E 107th St
Distance between this listing and this school0.81 miles
Public District Grades 6-8
Nearby Schools
4
/10
High School For Medical Professions
1600 Rockaway Pkwy
Distance between this listing and this school0.52 miles
Public District Grades 9-12
2
/10
High School for Innovation In Advertising and Media
1600 Rockaway Pkwy
Distance between this listing and this school0.52 miles
Public District Grades 9-12
1
/10
Urban Action Academy
1600 Rockaway Pkwy
Distance between this listing and this school0.52 miles
The neighbors living near this home have an average income of $56,595. Most Brooklyn, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1541 E 98th St
What is the listing price of this property?
The listing price of 1541 E 98th St property is $259,000.
What type of property is this?
The property 1541 E 98th St is land located in Brooklyn, New York, 11236.
Is this property for sale now?
Active Listing: 1541 E 98th St is For Sale (Active/New) which means the seller is accepting offers.
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 1541 E 98th St in Brooklyn, NY and zip code 11236 in the Canarsie neighborhood. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $259,000.
In September 2024 more than 43 listings in Brooklyn, NY were sold above the asking price. During the same period more than 185 listings were sold at asking price, while more than 190 were sold below. The inventory of homes for sale in Brooklyn, NY between August 2024 and September 2024 increased by 1.2%. The median list price of listings available in September 2024 was $980,878, while the average time on the real estate market was 98 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Men's Tennis
Men's Tennis
Major League Soccer (MLS)
Nordstrom Rack
Crate & Barrel
Banana Republic
The Cheesecake Factory
Starbucks
Jack In The Box
Volvo
BMW
Toyota
News
Jazz
Alternative