new - 2 days on rocket

518 39th St, Brooklyn, NY, 11232

$1,530,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
4,815 SqFt
$318/SqFt
Multi

Location

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518 39th St, Brooklyn$1,530,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1925
HeatingSteam, Oil
CoolingNone
BasementYes
FireplaceStove, None
MLS #487419
StatusActive

About 518 39th St

Solid Brick Building in Sunset Park for investors Great Opportunity to own 6 Family Building each unit 2 bedrooms , Living room, Eat in kitchen, full bathroom. 5 units rents Stabilizer. long terms Excellent Tenants. Basement Front entrance and Rear entrance high Ceiling and dry semi finished Bathroom , two office Rooms. storage ,Utilities area. Door to Backyard. Updated Roof 3 years, Boiler 3 years. CAP rate returns 6 % . Building has lots of potential . Close to R train Station, Costco and public Transportation.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 3
  • Living Area: 4,815 SqFt

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove, None
  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: Stove, None

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Steam, Oil
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,530,000
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $10,987
  • 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

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

518 39th St vs Brooklyn

2 DAYS ON ROCKET

-95 Days

$1,530,000

+$545.5K More

$318/SqFt

-$379 Less

KEY TAKEAWAY

This property is $545.5K more than the Median Sold Price and $379/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #487419

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

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: 11/16/2024, 2:20:46 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$10,987$427,050
2019$10,986$427,050
2018$9,830$81,571
2017$9,129$79,011

History based on county public records data.

Payment Calculator

$7,704

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,654

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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-15518
5
/10

  • P.S. 198 Brooklyn

  • 4105 Farragut Rd

  • 0.53 miles

  • Public Magnet Grades PK-5

school-card-donut-15519
8
/10

  • P.S. 208 Elsa Ebeling School

  • 4801 Avenue D

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-15520
3
/10

  • P.S. 361 East Flatbush Early Childhood School

  • 1957 Nostrand Ave

  • 0.61 miles

  • Public District Grades KG-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,736. Most Brooklyn, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11232›518 39th St

This home is located at 518 39th St in Brooklyn, NY and zip code 11232 in the Farragut neighborhood. This 4,815 square foot home was built in 1925. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,530,000.

Over 50 listings were sold over their listed price in October 2024 in Brooklyn, NY. In the same period over 169 listings were sold below the listed price and 217 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between September 2024 and October 2024 increased by 0.1%. In October 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $984,431.

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

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