2 months on rocket

511 Eastern Pkwy, Brooklyn, NY, 11216

$2,149,000

Home List Price

$10,000*

Closing Credit

18 Bedrooms
14 Full Baths
12,008 SqFt
$179/SqFt
Multi

Location

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511 Eastern Pkwy, Brooklyn$2,149,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1920
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #486696
StatusActive

About 511 Eastern Pkwy

An amazing investment opportunity. 14 units in Crown Heights, Brooklyn. Consist of 11 one bedroom apartments. 2, two bedrooms and 1 three bedroom apartment. Conveniently located close to 2,3 & 4 train, plus buses. Great location. Short distance to Prospect Park, Brooklyn Botanic Garden and much, much more. Short distance to restaurants and shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 4
  • Living Area: 12,008 SqFt

Listing Office:

  • Office Name: Excell Choice Realty

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Other
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 14
  • Total Bedroom Count: 18

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,149,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $31,724
  • 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

511 Eastern Pkwy vs Brooklyn

67 DAYS ON ROCKET

-44 Days

$2,149,000

+$1.1M More

$179/SqFt

-$523 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $523/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486696

Listing Office:

  • Office Name: Excell Choice Realty

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, 3:20:49 AM 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$31,724$300,600
2019$31,540$300,600
2018$20,502$251,100
2017$17,335$231,300

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,509

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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-4344897
6
/10

  • P.S. 161 The Crown School

  • 330 Crown St

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-4344898
7
/10

  • P.S. 241 Emma L. Johnston School

  • 976 President St

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-4344899
7
/10

  • P.S. 289 George V. Brower School

  • 900 Saint Marks Ave

  • 0.56 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,527. Residents of Brooklyn, NY typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11216›511 Eastern Pkwy

This home is located at 511 Eastern Pkwy in Brooklyn, NY and zip code 11216 in the Central Brooklyn neighborhood. This 12,008 square foot home was built in 1920. Features: 18 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $2,149,000.

Over 28 listings were sold over their listed price in November 2024 in Brooklyn, NY. In the same period over 161 listings were sold below the listed price and 196 listings were sold for the listed price. 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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