<strong>AVAILABLE FOR THE 1ST TIME IN 35 YEARS!!! <strong></strong></strong><br> <strong> <strong>Located at the cross-roads of SIX dynamic and culturally rich Brooklyn neighborhoods, this premium investment opportunity in Cobble Hill is just minutes from Brooklyn Bridge Park, waterfront attractions and the best of what these neighborhoods have to offer.</strong></strong><br> <strong> <strong> <strong>This 8-unit building is fully occupied, collecting free-market rents. No rent control or rent stabilization. Tenants pay all utilities. <strong></strong></strong></strong></strong><br> <strong> <strong> <strong>Offered as a turn-key investment opportunity with fantastic occupancy rates. it is a perfect fit for cash-flow portfolio investors as well as first-timers alike, who may not want to deal with renovation. This also serves as a very stable legacy investment for those looking to deploy capital into an anchor of stability, all the while providing for your next generation of family to occupy one or more units in the future.</strong></strong></strong><br> <strong> <strong> <strong>The building's infrastructure and individual apartments are all in great condition. New roof, and recent facade repointing. Hard wood floors throughout. Healthy boiler and mechanicals.</strong></strong></strong><br> <strong> <strong> <strong>10 minutes to NYC Ferry service @ Atlantic Avenue/Pier 6: Brooklyn Bridge Park</strong></strong></strong><br> <strong> <strong> <strong>8-13 minutes to (8) different train lines</strong></strong></strong><br> <strong> <strong> <strong>Citibike 1 block away(3) grocery stores within 5 minutes</strong></strong></strong><br> <strong> <strong> <strong>Please contact us with any questions and for a full setup.</strong></strong></strong><br> <br>
Property Details
Property Features
Property Information:
Architectural Style: Walk-Up
Year Built: 1900
Listing Office:
Office Name: Brown Harris Stevens Brooklyn LLC
Office Phone: (212) 381-3232
Listing Agent: Justin Zucker
Agent Phone: (718) 613-2987
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 8
Exterior Features
Exterior Information:
View: Other
Utilities
Utilities Information:
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $4,950,000
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: 11/17/2024, 4:20:49 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.
$24.7K
Per Month
Principal & Interest
$24.7K
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
$14.9K
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
9
/10
Success Academy Charter School-Cobble Hill
284 Baltic St Lowr Level
Distance between this listing and this school0.34 miles
Public Charter Grades KG-4
7
/10
Brooklyn New School-PS 146 (The)
610 Henry St
Distance between this listing and this school0.55 miles
Public District Grades PK-5
6
/10
P.S. 261 Philip Livingston School
314 Pacific St
Distance between this listing and this school0.57 miles
Public District Grades KG-5
Nearby Schools
9
/10
P.S. 29 John M. Harrigan School
425 Henry St
Distance between this listing and this school0.10 miles
Public District Grades PK-8
9
/10
P.S. 58 Carroll School
330 Smith St
Distance between this listing and this school0.53 miles
Public District Grades PK-8
6
/10
P.S. 32 Samuels Mills Sprole School
317 Hoyt St
Distance between this listing and this school0.65 miles
Public District Grades KG-8
Nearby Schools
6
/10
Digital Arts and Cinema Technology High School
284 Baltic St
Distance between this listing and this school0.35 miles
Public District Grades 9-12
4
/10
Boerum Hill School for International Studies (The)
284 Baltic St
Distance between this listing and this school0.35 miles
Public District Grades 6-12
2
/10
Cobble Hill School of American Studies
347 Baltic St
Distance between this listing and this school0.48 miles
The neighbors living near this home have an average income of $72,421. Residents of New York, NY typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 447 Hicks St
What is the listing price of this property?
The listing price of 447 Hicks St property is $4,950,000.
What type of property is this?
The property 447 Hicks St is a house located in New York City, New York, 11201.
Is this property for sale now?
Active Listing: 447 Hicks St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 447 Hicks St has 8 bedrooms and 8 bathrooms.
Which year was this property built?
The year of construction for 447 Hicks St is 1900.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 447 Hicks St in New York City, NY and zip code 11201 in the South Brooklyn neighborhood. This home was built in 1900. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $4,950,000.
New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The number of homes for sale in New York, NY increased by 1.8% between September 2024 and October 2024. In October 2024 median list price was $856,124 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.