1 month on rocket

361 Chestnut Ct, Brooklyn, NY, 11208

$1,200,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
1,680 SqFt
$714/SqFt
Multi

Location

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361 Chestnut Ct, Brooklyn$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking3 Spaces, Community Drive
Garage3 spaces
Year Built1920
HeatingSteam, Oil
BasementYes
MLS #487173
StatusActive

About 361 Chestnut Ct

We are pleased to present the sale of this well-maintained 3-family house offers solid rental income potential, while the adjacent vacant lot (zoned R5B) presents a fantastic development opportunity for a 1 or 2-family home. The neighboring vacant lot has a buildable area of up to 900 square feet, perfect for a new construction project & ideal for a single-family or duplex residence, Additional parking or outdoor space potential. Conveniently located near public transportation, shopping, and parks, this property offers easy access to everything Brooklyn and Queens have to offer. The neighborhood is rapidly developing, making it a smart investment for both homeowners and investors. The seller is motivated and open to all reasonable offers. This is a unique chance to secure a multifamily property with additional land for future development. Don't wait properties like this are rare! Contact us today to schedule a private showing.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: Sarrazin Estates LTD

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpeting, Hardwood, Marble

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: 3 Spaces, Community Drive

Utilities

Utilities Information:

  • Heating: Steam, Oil

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $714/SqFt

Tax Information:

  • Annual Amount: $4,493
  • 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

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

361 Chestnut Ct vs Brooklyn

47 DAYS ON ROCKET

-64 Days

$1,200,000

+$220K More

$714/SqFt

+$12 More

KEY TAKEAWAY

This property is $220K more than the Median Sold Price and $12/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #487173

Listing Office:

  • Office Name: Sarrazin Estates LTD

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: 12/18/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,493$43,740
2019$4,493$43,740
2018$3,822$19,855
2017$3,539$18,750

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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-49316
4
/10

  • P.S. 159 Isaac Pitkin School

  • 2781 Pitkin Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-49317
5
/10

  • P.S. 345 Patrolman Robert Bolden School

  • 111 Berriman St

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-49318
8
/10

  • Cypress Hills Ascend Charter School

  • 396 Grant Ave

  • 0.42 miles

  • Public Charter Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. Residents of Brooklyn, NY typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11208›361 Chestnut Ct

This home is located at 361 Chestnut Ct in Brooklyn, NY and zip code 11208 in the City Line neighborhood. This 1,680 square foot home was built in 1920. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $1,200,000.

In November 2024 more than 28 listings in Brooklyn, NY were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 161 were sold below. The number of listings in Brooklyn, NY decreased by 10.5% between October 2024 and November 2024. In November 2024 median list price was $979,913 and the average listing age was 111 days.

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

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