7 months on rocket

1902 Mermaid Ave, Coney Island, NY, 11224

$2,199,888

Home List Price

$10,000*

Closing Credit

14 Bedrooms
5 Full Baths, 2 Partial
Multi

Location

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1902 Mermaid Ave, New York$2,199,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1930
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3542042
Lot Size0.05 Acres
StatusActive
(A)

About 1902 Mermaid Ave

Investment Opportunity Location, Location, Location! This property features a five-family building with two commercial spaces. Let's break it down: Residential Units: One Studio Apartment. Three Three-Bedroom Apartments. One Four-Bedroom Apartment. Proximity to Amenities: Conveniently located near transportation hubs. Within walking distance to the beach and an exciting amusement park. Other amenities are easily accessible. This property offers a blend of comfort, convenience, and potential. Don't miss out on this opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Store+Dwell
  • Year Built: 1930

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (516) 681-2600

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: The building is located between Mermaid Ave and Surf Ave on W19th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,199,888
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

1902 Mermaid Ave vs New York

232 DAYS ON ROCKET

+148 Days

$2,199,888

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3542042

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (516) 681-2600

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: 11/21/2024, 6:11:47 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

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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-384537
5
/10

  • P.S. 90 Edna Cohen School

  • 2840 W 12th St

  • 0.34 miles

  • Public Magnet Grades PK-5

school-card-donut-384538
2
/10

  • P.S. 329 Surfside School

  • 2929 W 30th St

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-384539
3
/10

  • P.S. 188 Michael E. Berdy School

  • 3314 Neptune Ave

  • 0.77 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 $29,336. The majority of New York, NY residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11224›1902 Mermaid Ave

This home is located at 1902 Mermaid Ave in Coney Island, NY and zip code 11224 in the Coney Island neighborhood. This home, which was built in 1930, sits on a 0.05 acre lot. Features: 14 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $2,199,888.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. The number of homes for sale in New York, NY increased by 1.8% between September 2024 and October 2024. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $856,124.

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

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