8 months on rocket

311 Sheffield Ave, Brooklyn, NY, 11207

$999,000

Home List Price

$10,000*

Closing Credit

6 Full Baths
4,163 SqFt
$240/SqFt
Multi

Location

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311 Sheffield Ave, Brooklyn$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
HeatingBaseboard, Electric
BasementYes
MLS #480438
StatusActive

About 311 Sheffield Ave

Welcome to, nestled in the heart of historic Brownsville. This impressive brick building stands as a beacon of modernity in a neighborhood rich with history. Built in 2005, this expansive three-unit property offers a rare investment opportunity in one of the city's most sought-after locations. Boasting spacious layouts, each of the three apartments within this building features three bedrooms and two bathrooms, providing ample space and comfort for residents. Whether you're looking to expand your investment portfolio or seeking a lucrative rental opportunity, 311 Sheffield promises both reliability and potential for growth. With its prime location, contemporary design, and generous amenities, this property is sure to attract discerning tenants and savvy investors alike. Don't miss your chance to be a part of Brownsville's vibrant community and capitalize on this superb investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Living Area: 4,163 SqFt

Listing Office:

  • Office Name: Behfar Team, LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Baseboard, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $8,047
  • Tax Year: 2020
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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

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

311 Sheffield Ave vs Brooklyn

254 DAYS ON ROCKET

+157 Days

$999,000

+$14.5K More

$240/SqFt

-$457 Less

KEY TAKEAWAY

This property is $14.5K more than the Median Sold Price and $457/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480438

Listing Office:

  • Office Name: Behfar Team, LLC

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: 11/22/2024, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2015Home Sold
$665,000
Sep 15, 2006Home Sold
$669,500

Tax History

YEARPROP. TAXASSESSMENT
2020$8,047$41,460
2019$8,040$41,460
2018$1,215$36,072
2017$1,191$35,594

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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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-488042
6
/10

  • P.S. 328 Phyllis Wheatley School

  • 330 Alabama Ave

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-488043
5
/10

  • P.S. 149 Danny Kaye School

  • 700 Sutter Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-488044
6
/10

  • Brooklyn Gardens Elementary School

  • 574 Dumont Ave

  • 0.29 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 $20,528. The majority of Brooklyn, NY residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11207›311 Sheffield Ave

This home is located at 311 Sheffield Ave in Brooklyn, NY and zip code 11207 in the East New York neighborhood. Features: 6 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $999,000.

Brooklyn, NY housing market in October 2024 saw over 50 listings sold above listed price, more than 217 sold at listed price and over 169 sold below. In October 2024 in Brooklyn, NY there were 0.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 97 days, the median list price was $984,431.

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

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