6 months on rocket

1564 Bay Ridge Ave, Brooklyn, NY, 11219

$1,550,000

Home List Price

$10,000*

Closing Credit

6 Full Baths
Multi

Location

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1564 Bay Ridge Ave, Brooklyn$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking3 Spaces, Private Drive
Garage3 spaces
Year Built1925
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #481898
StatusActive

About 1564 Bay Ridge Ave

Introducing this six-family solid brick building in Bensonhurst. Lot size 30 x 100 . It features 1 x one bedroom and 5 x two-bedroom units. Gross yearly income is $ 92119.42 about 4 % cap, private driveway which get $ 100 extra income for parking space, finished basement, good for investment, close to everything and great school ratings.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 3

Listing Office:

  • Office Name: Exit Realty Professionals

Interior Features

Interior Information:

  • Appliances: Stove
  • Basement: Yes
  • Flooring Type: Other
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 6

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: 3 Spaces, Private Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000

Tax Information:

  • Annual Amount: $17,339
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

1564 Bay Ridge Ave vs Brooklyn

198 DAYS ON ROCKET

+101 Days

$1,550,000

+$565.5K More

KEY TAKEAWAY

This property is $565.5K more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #481898

Listing Office:

  • Office Name: Exit Realty Professionals

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: 11/21/2024, 11:55:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 10, 2015Home Sold
$1,170,000
Jul 08, 2004Home Sold
$848,000

Tax History

YEARPROP. TAXASSESSMENT
2020$17,339$414,000
2019$17,338$414,000
2018$14,691$119,219
2017$13,789$115,501

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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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-474705
7
/10
  • P.S. 112 Lefferts Park School

  • 7115 15th Ave

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-474706
7
/10
  • P.S. 176 The Ovington School

  • 1225 69th St

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-474707
5
/10
  • P.S. 48 Mapleton School

  • 6015 18th Ave

  • 0.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,393. Most Brooklyn, NY residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›Brooklyn›11219›1564 Bay Ridge Ave

This home is located at 1564 Bay Ridge Ave in Brooklyn, NY and zip code 11219 in the Bensonhurst neighborhood. This home was built in 1925. Features: 6 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $1,550,000.

In October 2024 more than 50 listings in Brooklyn, NY were sold above the asking price. During the same period more than 217 listings were sold at asking price, while more than 169 were sold below. The inventory of homes for sale in Brooklyn, NY between September 2024 and October 2024 increased by 0.1%. While the average time on the market in October 2024 was 97 days, the median list price was $984,431.

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

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