2 months on rocket

34 Rockaway Ave, New York City, NY, 11233

$1,600,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
2,700 SqFt
$593/SqFt
Multi

Location

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34 Rockaway Ave, New York$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1899
BasementYes
MLS #COMP-1674610069868959849
StatusActive

About 34 Rockaway Ave

Investor-friendly opportunity at 34 Rockaway Ave in Brooklyn, NY, offering a 7.4% cap rate! This gut-renovated property features two spacious 3-bedroom residential units and one commercial space, all outfitted with brand new appliances and split systems. Tenants cover all utilities, providing an excellent return for investors. With modern updates throughout, it's a great fit for end-users looking for low-maintenance living or a savvy investor seeking immediate income. Don’t miss out on this cash-flow positive property

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Jack LeGuelaff
  • Agent Phone: (516) 232-4114

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Interior: Breakfast Bar, Built-in Features, Crown Molding, High Ceilings, His and Hers Closets, Recessed Lighting, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Private Entrance

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $593/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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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

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

34 Rockaway Ave vs New York

79 DAYS ON ROCKET

-6 Days

$1,600,000

+$749.8K More

$593/SqFt

-$75 Less

KEY TAKEAWAY

This property is $749.8K more than the Median Sold Price and $75/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1674610069868959849

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Jack LeGuelaff
  • Agent Phone: (516) 232-4114

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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: 12/18/2024, 4:20:56 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

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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-46859
8
/10

  • Brooklyn Landmark Elementary School

  • 251 MacDougal St

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-46860
5
/10

  • PS/Intermediate School 137 Rachael Jean Mitchell

  • 121 Saratoga Ave

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-46861
5
/10

  • P.S./I.S. 045 Horace E. Greene

  • 84 Schaefer St

  • 0.31 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 $44,184. Typical income of New York, NY residents is less than $35k annually. 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

Rocket Homes›New York›Kings County›New York›11233›34 Rockaway Ave

This home is located at 34 Rockaway Ave in New York City, NY and zip code 11233 in the Stuyvesant Heights neighborhood. This 2,700 square foot home was built in 1899. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,600,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. In November 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $850,115.

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

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