4 months on rocket

474 Bay Ridge Ave, Brooklyn, NY, 11220

$1,288,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
3,042 SqFt
$423/SqFt
Multi

Location

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474 Bay Ridge Ave, Brooklyn$1,288,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, None
Year Built1910
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #484907
StatusActive

About 474 Bay Ridge Ave

Six-Family Brick Buidling with 3 Vacancies Currently is located on the most sought-after Prime Bay Ridge Neighborhood. It is conveniently right around the corner from 5th Avenue and few minutes away from public transportation and Everything. This building features 5 one-bedroom and 1 studio apartments, 3 vacant apartments and possible more before the closing, , basement with separate entrance, building size 20x54' sitting on 20x96' lot and annual property tax is about $8966. Won't Last!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 3
  • Living Area: 3,042 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Carpeting, Hardwood, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,288,000
  • Price Per SqFt: $423/SqFt

Tax Information:

  • Annual Amount: $9,231
  • 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

474 Bay Ridge Ave vs Brooklyn

146 DAYS ON ROCKET

+35 Days

$1,288,000

+$308K More

$423/SqFt

-$279 Less

KEY TAKEAWAY

This property is $308K more than the Median Sold Price and $279/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #484907

Listing Office:

  • Office Name: RE/MAX Edge

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: 12/22/2024, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 10, 2016Home Sold
$990,000
Apr 29, 2011Home Sold
$700,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,231$78,540
2019$9,037$78,540
2018$7,913$38,816
2017$7,701$38,816

History based on county public records data.

Payment Calculator

$6,496

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,928

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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-994621
8
/10

  • Ralph A. Fabrizio School

  • 619 72nd St

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-994622
8
/10

  • P.S. 102 Bayview School

  • 211 72nd St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-994623
6
/10

  • School Of Math, Science, And Healthy Living

  • 6214 4th Ave

  • 0.41 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 $30,652. Most Brooklyn, NY residents have annual incomes less than $35k. 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›11220›474 Bay Ridge Ave

This home is located at 474 Bay Ridge Ave in Brooklyn, NY and zip code 11220 in the New Utrecht neighborhood. This 3,042 square foot home was built in 1910. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $1,288,000.

Brooklyn, NY housing market in November 2024 saw over 28 listings sold above listed price, more than 196 sold at listed price and over 161 sold below. Between October 2024 and November 2024, Brooklyn, NY real estate market has seen decrease in the number of listings by 10.5%. Listings spent 111 days on the market in November 2024, and had a median list price of $979,913 during the same period.

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

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