Please note that the above-referenced price reflects the Starting Bid Price for the property, which is being marketed for sale by luxury private auction. Online bidding will take place November 19-21. Bids can be submitted prior to the auction event. Seller reserves the right to accept or reject bids. 6% Buyer's Premium. Additional terms apply. Please visit Paramount Realty USA's website for more details.<br> <br> This two-story, four-unit apartment building presents a prime, value-add investment opportunity. Built in 1931 and renovated in 2014, the property consists of three spacious 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. At 22' wide and 80' long, this approx. 5,610 square foot property offers an additional 1,680 square feet of unused FAR to create additional upside value. All units are currently occupied. This building offers access to a private backyard from the walk-out basement, with tenants responsible for their own heat, gas, and electricity. Located in East Flatbush, a vibrant and diverse neighborhood in Brooklyn, this area is known for its rich cultural history and strong sense of community. It offers a blend of residential charm and urban conveniences, with a variety of local shops, restaurants, and parks. East Flatbush is well-connected by public transportation, including the 3 subway and the B7, B17, and B47 bus lines, providing access to other parts of Brooklyn and Manhattan. Setup available upon request. The property is being sold as-is. Please note that no interior access is available prior to the sale, and the sale is subject to an ongoing auction.
Property Details
Property Features
Property Information:
Architectural Style: Walk-Up
Year Built: 1931
Living Area: 5,610 SqFt
Listing Office:
Office Name: Brown Harris Stevens Residential Sales LLC
Office Phone: (212) 906-9234
Listing Agent: Candice Milano
Agent Phone: (212) 381-2639
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 7
Exterior Features
Exterior Information:
View: Other
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
Price Per SqFt: $80/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 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, 8:20:56 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,313
Per Month
Principal & Interest
$2,246
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,416
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
P.S. 219 Kennedy-King School
1060 Clarkson Ave
Distance between this listing and this school0.10 miles
Public District Grades KG-5
8
/10
P.S. 268 Emma Lazarus School
133 E 53rd St
Distance between this listing and this school0.22 miles
Public District Grades KG-5
6
/10
PS 770 New American Academy
60 E 94th St
Distance between this listing and this school0.46 miles
Public District Grades PK-5
Nearby Schools
5
/10
Middle School for Art and Philosphy
1084 Lenox Rd
Distance between this listing and this school0.19 miles
Public District Grades 6-8
5
/10
East Flatbush Community Research School
905 Winthrop St
Distance between this listing and this school0.26 miles
Public District Grades 6-8
7
/10
P.S. 189 The Bilingual Center School
1100 E New York Ave
Distance between this listing and this school0.52 miles
Public Magnet Grades KG-8
Nearby Schools
2
/10
East Brooklyn Community High School
9517 Kings Hwy
Distance between this listing and this school0.20 miles
Public District Grades 9-12
6
/10
Kings Collegiate Charter School
905 Winthrop St
Distance between this listing and this school0.26 miles
Public Charter Grades KG-12
6
/10
Brooklyn Ascend Charter School
205 Rockaway Pkwy Fl PKWY-2nd
Distance between this listing and this school0.32 miles
The neighbors living near this home have an average income of $40,136. Typical income of New York, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 296 E 92nd St
What is the listing price of this property?
The listing price of 296 E 92nd St property is $450,000.
What type of property is this?
The property 296 E 92nd St is a house located in New York City, New York, 11212.
Is this property for sale now?
Sale Pending: 296 E 92nd St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
How many bedrooms and bathrooms does this property have?
The property at 296 E 92nd St has 7 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 296 E 92nd St is 5,610 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 296 E 92nd St is 1931.
This home is located at 296 E 92nd St in New York City, NY and zip code 11212 in the East Flatbush neighborhood. This 5,610 square foot home was built in 1931. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $450,000.
While more than 220 listings in New York, NY in November 2024 were sold above asking price, there were more than 769 listings sold at asking price, and more than 758 were sold below. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.
From Rocket Homes Real Estate and based on county public records data.