4 months on rocket

Sale Pending

429 43rd St, Brooklyn, NY, 11232

$2,330,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
8 Full Baths, 1 Partial
4,000 SqFt
$583/SqFt
Multi

Location

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429 43rd St, Brooklyn$2,330,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther, None
HeatingHot Water, Natural Gas
CoolingOther
BasementYes
FireplaceOther
MLS #484960
StatusSale Pending
(Pending)

About 429 43rd St

Looking for a lucrative investment that combines elegance, functionality, and unbeatable value? Look no further! This exceptional 4-family property offers a sprawling approx. 4,000 sq. ft. of beautifully renovated living space, perfect for savvy investors or multi-generational families. Each unit is meticulously redesigned with modern finishes, creating a comfortable and stylish living environment. Top-to-Bottom Renovation, Every detail has been thoughtfully addressed—from brand-new appliances and fixtures to freshly painted walls and updated flooring. Investment Potential, With its prime location and high-quality updates, this property is an exceptional opportunity for steady rental income or a multi-family residence. This 4 family is 20x50 by 20x 100 with 1 unit per floor; 4 stories and a fully finished basement. Every unit has its own separate heat and hot water; 5 electric meters, 4 gas meters, All steel & concrete construction, Fire Sprinkler throughout, CCTV. Current gross rental income is $11,625 / month. Don’t miss out on this rare opportunity to own a property that offers both immediate appeal and long-term value

Property Details

Property Features

Property Information:

  • Stories: 4
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Ashford Homes LLC

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Parking: Other, None

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,330,000
  • Price Per SqFt: $583/SqFt

Tax Information:

  • Annual Amount: $14,227
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

429 43rd St vs Brooklyn

139 DAYS ON ROCKET

+28 Days

$2,330,000

+$1.3M More

$583/SqFt

-$119 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $119/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #484960

Listing Office:

  • Office Name: Ashford Homes 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: 12/17/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2012Home Sold
$710,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,227$679,050
2019$14,130$679,050
2018$13,433$105,613
2017$12,824$105,613

History based on county public records data.

Payment Calculator

$11.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,052

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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-4229838
4
/10
  • Sunset Park Avenue Elementary School

  • 4222 4th Ave

  • 0.07 miles

  • Public District Grades KG-4

school-card-donut-4229839
4
/10
  • P.S. 1 Bergen School

  • 309 47th St

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-4229840
4
/10
  • P.S. 24 Brooklyn

  • 427 38th St

  • 0.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,543. Residents of Brooklyn, NY typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkKings CountyBrooklyn11232429 43rd St

This home is located at 429 43rd St in Brooklyn, NY and zip code 11232 in the Sunset Park neighborhood. Features: 11 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $2,330,000.

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 inventory of homes for sale in Brooklyn, NY between October 2024 and November 2024 decreased by 10.5%. 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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