2 months on rocket

503 Avenue W, Brooklyn, NY, 11223

$2,499,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,850 SqFt
$877/SqFt
House

Location

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503 Avenue W, Brooklyn$2,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Spaces, Private Drive
Garage2 spaces
Year Built1930
HeatingSteam, Natural Gas
CoolingCentral Air
MLS #486151
StatusActive

About 503 Avenue W

1 Family semi-attached home (converted from a 3 family) with private driveway just moments away from Ocean Parkway. The house is built 20 X 62 with 3 floors offering 3,700 feet of living space. This home is waiting for you to put your personal touch!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1930
  • Stories: 2
  • Living Area: 2,850 SqFt

Listing Office:

  • Office Name: Wolf Properties Inc

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Ceramic, Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: 2 Spaces, Private Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,000
  • Price Per SqFt: $877/SqFt

Tax Information:

  • Annual Amount: $10,440
  • 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

503 Avenue W vs Brooklyn

74 DAYS ON ROCKET

-37 Days

$2,499,000

+$1.5M More

$877/SqFt

+$175 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $175/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486151

Listing Office:

  • Office Name: Wolf Properties Inc

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: 12/3/2024, 1:20:52 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

Nov 09, 2004Home Sold
$997,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,440$85,500
2019$10,439$83,040
2018$9,414$47,176
2017$8,709$46,179

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,559

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NMLS#3030

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-3514674
6
/10

  • P.S. 216 Arturo Toscanini School

  • 350 Avenue X

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-3514675
6
/10

  • P.S. 153 Homecrest

  • 1970 Homecrest Ave

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-3514676
5
/10

  • P.S. 215 Morris H. Weiss School

  • 415 Avenue S

  • 0.66 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,129. The most common annual income of people living in Brooklyn, NY is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Avenue W

What is the listing price of this property?

The listing price of 503 Avenue W property is $2,499,000.

What type of property is this?

The property 503 Avenue W is a house located in Brooklyn, New York, 11223.

Is this property for sale now?

Active Listing: 503 Avenue W is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,440 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 9, 2004 for $997,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 Avenue W has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 503 Avenue W is 2,850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Avenue W is 1930.

Rocket Homes›New York›Kings County›Brooklyn›11223›503 Avenue W

This home is located at 503 Avenue W in Brooklyn, NY and zip code 11223 in the Gravesend neighborhood. This 2,850 square foot home was built in 1930. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $2,499,000.

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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