new - 4 days on rocket

2942 W 5th St Unit 2R, Brooklyn, NY, 11224

$489,000

Home List Price

$5,807*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,250 SqFt
$391/SqFt
Condo

Location

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2942 W 5th St Unit 2R, Brooklyn$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingOff Site, Outdoor, Parking Area, Wait-List
Year Built1946
FireplaceStove
MLS #488024
StatusActive

About 2942 W 5th St Unit 2R

**Brighton Beach/Coney Island Area** **Trump Village Section 4** *Note: Pictures are from a similar unit. * This spacious three-bedroom, 1.5-bath co-op is the ideal alternative to a house for any large family. The unit features three roomy bedrooms, a kitchen, a living room, a dinette, and 1.5 bathrooms, along with many closets for ample storage. Located on the second floor, this apartment does not have a balcony. Please note that the unit requires some tender loving care (TLC). The maintenance fee includes all major utilities, and each air conditioning unit incurs an additional charge of $25 per month. Parking is available on a waitlist basis, or there is an option to purchase parking for an additional fee. A 10% down payment is required for a mortgage, and pets are allowed. The property is within a short distance to shopping, the beach, and public transportation, adding to its appeal. Additionally, there is 24-hour security for your peace of mind. *Note: Pictures are from a similar unit. *

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Living Area: 1,250 SqFt

Listing Office:

  • Office Name: J. Sikar Realty

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Flooring Type: Other
  • Interior: Elevator
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Elevator

Parking Information:

  • Parking: Off Site, Outdoor, Parking Area, Wait-List

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $391/SqFt
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Housing Market Comparison

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

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Brooklyn, NY

City

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

2942 W 5th St Unit 2R vs Brooklyn

4 DAYS ON ROCKET

-107 Days

$489,000

-$490.9K Less

$391/SqFt

-$311 Less

KEY TAKEAWAY

This property is $490.9K less than the Median Sold Price and $311/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488024

Listing Office:

  • Office Name: J. Sikar Realty

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: 12/17/2024, 11:55:49 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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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-4283103
7
/10

  • P.S. 100 Coney Island School

  • 2951 W 3rd St

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-4283104
5
/10

  • P.S. 90 Edna Cohen School

  • 2840 W 12th St

  • 0.40 miles

  • Public Magnet Grades PK-5

school-card-donut-4283105
8
/10

  • P.S. 253 Brooklyn

  • 601 Ocean View Ave

  • 0.61 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,813. Typical income of Brooklyn, NY residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2942 W 5th St Unit 2R

What is the listing price of this property?

The listing price of 2942 W 5th St Unit 2R property is $489,000.

What type of property is this?

The property 2942 W 5th St Unit 2R is a condo located in Brooklyn, New York, 11224.

Is this property for sale now?

Active Listing: 2942 W 5th St Unit 2R is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2942 W 5th St Unit 2R has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2942 W 5th St Unit 2R is 1,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2942 W 5th St Unit 2R is 1946.

Rocket Homes›New York›Kings County›Brooklyn›11224›2942 W 5th St Unit 2R

This home is located at 2942 W 5th St Unit 2R in Brooklyn, NY and zip code 11224 in the Coney Island neighborhood. This 1,250 square foot home was built in 1946. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $489,000.

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. The inventory of homes for sale in Brooklyn, NY between October 2024 and November 2024 decreased by 10.5%. In November 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $979,913.

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

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