4 months on rocket

1748 79th St, Brooklyn, NY, 11214

$1,750,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
6 Full Baths
5,250 SqFt
$333/SqFt
Multi

Location

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1748 79th St, Brooklyn$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther, Other
Year Built1931
HeatingHot Water, Natural Gas
CoolingOther
BasementYes
FireplaceOther
MLS #485508
StatusActive

About 1748 79th St

This 6-family, 3-story property is a fantastic opportunity for both investors and homeowners. Located near schools, supermarkets, and public transportation, it offers spacious, well-lit layouts. The building is well-maintained, featuring 6 separate boilers and heating units, providing individual control for each unit. Recent upgrades include a new roof installed last year and brick repointing. With no rent control and strong rental income potential, this property is perfect for investors, particularly those seeking a 1031 exchange. Building dimensions: 25x70, lot size: 25x100.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 3
  • Living Area: 5,250 SqFt

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Tile, Other
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 14

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Parking: Other, Other

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $333/SqFt

Tax Information:

  • Annual Amount: $15,966
  • 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

1748 79th St vs Brooklyn

121 DAYS ON ROCKET

+10 Days

$1,750,000

+$770K More

$333/SqFt

-$369 Less

KEY TAKEAWAY

This property is $770K more than the Median Sold Price and $369/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #485508

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

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 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 31, 2007Home Sold
$750,000
Aug 25, 2004Home Sold
$568,500

Tax History

YEARPROP. TAXASSESSMENT
2020$15,966$391,050
2019$15,965$411,750
2018$13,524$109,807
2017$12,694$106,330

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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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-1010534
6
/10
  • P.S. 186 Dr. Irving A. Gladstone School

  • 7601 19th Ave

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-1010535
7
/10
  • P.S. 204 Vince Lombardi School

  • 8101 15th Ave

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-1010536
7
/10
  • P.S. 112 Lefferts Park School

  • 7115 15th Ave

  • 0.52 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,955. The majority of Brooklyn, NY residents have income 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 HomesNew YorkKings CountyBrooklyn112141748 79th St

This home is located at 1748 79th St in Brooklyn, NY and zip code 11214 in the Bensonhurst neighborhood. This 5,250 square foot home was built in 1931. Features: 14 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $1,750,000.

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. Listings spent 111 days on the market in November 2024, and had a median list price of $979,913 during the same period.

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

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