2 months on rocket

197 Bay 47th St Unit 5, Brooklyn, NY, 11214

$668,000

Home List Price

$7,933*

Closing Credit

2 Bedrooms
2 Full Baths
1,042 SqFt
$641/SqFt
Condo

Location

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197 Bay 47th St Unit 5, Brooklyn$668,000

Buyer Closing Credits

$7,933*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Space, Parking Area
Year Built2003
HeatingHot Water, Natural Gas
CoolingWall Unit(s)
FireplaceStove
MLS #486073
StatusActive

About 197 Bay 47th St Unit 5

Discover exceptional living in this beautifully maintained 2-bedroom, 2-bathroom, 2nd-floor condo, offering 1,042 sq. ft. of modern comfort on a peaceful, tree-lined street. The bright, airy living space boasts an open floor plan with large windows that fill the home with natural light. At its heart is a sleek, modern kitchen featuring quartz countertops, custom cabinetry, and high-end stainless steel appliances, including a dishwasher and stove, perfect for cooking and entertaining. Both bedrooms are generously sized to fit king-size beds and offer ample closet space. The master bedroom includes a jacuzzi and en-suite bathroom, while both bathrooms have been recently upgraded with stylish fixtures, new vanities, and mirrors, creating a spa-like ambiance. Two spacious balconies provide outdoor living space, ideal for enjoying morning coffee or evening sunsets. For added convenience, the unit includes an in-unit laundry room, fully equipped with a washer, dryer, and extra-large closets for storage. A reserved parking spot is included, and the building features security cameras for a safe environment. Property taxes are $4,609 per year. The location offers easy access to public transportation, just minutes from the Bay 50th train station and nearby bus lines. The highway is also easily accessible, and the area is served by excellent schools, parks, shopping, and dining options. This stunning, move-in-ready condo perfectly blends modern style with comfortable, convenient living. Don’t miss this incredible opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 1,042 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: 1 Space, Parking Area

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $668,000
  • Price Per SqFt: $641/SqFt
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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

197 Bay 47th St Unit 5 vs Brooklyn

63 DAYS ON ROCKET

-34 Days

$668,000

-$316.4K Less

$641/SqFt

-$56 Less

KEY TAKEAWAY

This property is $316.4K less than the Median Sold Price and $56/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486073

Listing Office:

  • Office Name: RE/MAX Edge

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, 1:21:09 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.

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$3,401

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,069

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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-310388
5
/10
  • P.S. 212 Lady Deborah Moody School

  • 87 Bay 49th St

  • 0.14 miles

  • Public District Grades PK-5

school-card-donut-310389
9
/10
  • P.S. 101 Verrazano School

  • 8696 24th Ave

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-310390
5
/10
  • P.S. 90 Edna Cohen School

  • 2840 W 12th St

  • 0.77 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,978. Residents of Brooklyn, NY typically earn between $35k-100k each year. The most common type of family 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

Frequently Asked Questions About 197 Bay 47th St Unit 5

What is the listing price of this property?

The listing price of 197 Bay 47th St Unit 5 property is $668,000.

What type of property is this?

The property 197 Bay 47th St Unit 5 is a condo located in Brooklyn, New York, 11214.

Is this property for sale now?

Active Listing: 197 Bay 47th St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 197 Bay 47th St Unit 5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 197 Bay 47th St Unit 5 is 1,042 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 197 Bay 47th St Unit 5 is 2003.

Rocket Homes›New York›Kings County›Brooklyn›11214›197 Bay 47th St Unit 5

This home is located at 197 Bay 47th St Unit 5 in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 1,042 square foot home was built in 2003. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $668,000.

While more than 50 listings in Brooklyn, NY in October 2024 were sold above asking price, there were more than 217 listings sold at asking price, and more than 169 were sold below. Between September 2024 and October 2024, Brooklyn, NY real estate market has seen increase in the number of listings by 0.1%. In October 2024 median list price was $984,431 and the average listing age was 97 days.

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

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