4 months on rocket

1580 Dekalb Ave, Brooklyn, NY, 11237

$1,425,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #L3570935
StatusActive

About 1580 Dekalb Ave

Discover an exceptional investment opportunity at 1580 Dekalb Ave, located in the heart of Bushwick, Brooklyn. This prime parcel boasts a generous 25 x 100 lot with R^6 zoning, offering the perfect canvas for your next development project. Key Features: Approved Plans: This property comes with approved plans for a stunning 7-unit, 4-story residential building. Take advantage of the hard work already completed and bring your vision to life in a neighborhood known for its artistic vibe and rapid growth. Ideal Location: Situated in the vibrant Bushwick district, this lot is surrounded by trendy cafes, art galleries, boutiques, and public transportation, providing excellent accessibility. Residents will enjoy the dynamic urban lifestyle that this sought-after area is known for. Zoning Benefits: With R^6 zoning, the property allows for a variety of residential development options, making it a versatile investment for developers or investors looking to capitalize on the burgeoning Brooklyn real estate market. Endless Potential: Whether you're looking to create modern rentals, condos, or a combination of both, this development site offers the potential for significant returns in a rapidly appreciating neighborhood.

Property Details

Property Features

Listing Office:

  • Office Name: 5 Boro Realty Corp
  • Office Phone: (855) 305-3325

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Cleared

Other

Directions Information:

  • Directions: GOOGLE MAPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,425,000

Tax Information:

  • Annual Amount: $878
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

1580 Dekalb Ave vs Brooklyn

132 DAYS ON ROCKET

+21 Days

$1,425,000

+$445K More

KEY TAKEAWAY

This property is $445K more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3570935

Listing Office:

  • Office Name: 5 Boro Realty Corp
  • Office Phone: (855) 305-3325

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: 12/17/2024, 10:56:49 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

Oct 21, 1999Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$878$12,720
2019$877$12,720
2018$773$4,021
2017$716$3,794

History based on county public records data.

Payment Calculator

$7,180

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,339

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-4307793
2
/10
  • P.S. 123 Suydam School

  • 100 Irving Ave

  • 0.12 miles

  • Public Magnet Grades PK-5

school-card-donut-4307794
5
/10
  • P.S. 86 The Irvington School

  • 220 Irving Ave

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-4307795
8
/10
  • P.S. 376 Brooklyn

  • 194 Harman St

  • 0.37 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,944. Residents of Brooklyn, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1580 Dekalb Ave

What is the listing price of this property?

The listing price of 1580 Dekalb Ave property is $1,425,000.

What type of property is this?

The property 1580 Dekalb Ave is land located in Brooklyn, New York, 11237.

Is this property for sale now?

Active Listing: 1580 Dekalb Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $878 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 21, 1999 for $20,000. (source: MLS/tax record).
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Rocket HomesNew YorkKings CountyBrooklyn112371580 Dekalb Ave

This home is located at 1580 Dekalb Ave in Brooklyn, NY and zip code 11237 in the Bushwick neighborhood. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $1,425,000.

Over 28 listings were sold over their listed price in November 2024 in Brooklyn, NY. In the same period over 161 listings were sold below the listed price and 196 listings were sold for the listed price. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. In November 2024 median list price was $979,913 and the average listing age was 111 days.

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

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