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563 20th St, New York City, NY, 11218

$2,495,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
10 Full Baths, 1 Partial
6,080 SqFt
$410/SqFt
Townhouse

Location

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563 20th St, New York$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
Year Built2002
CoolingWall Unit(s)
ViewOther
MLS #RPLU-33423196567
StatusActive

About 563 20th St

<br>Welcome to 563 20th Street - an exceptional 5 Unit Property featuring 11 bedrooms, 10.5 bathrooms with 8-balconies, rooftop, 5 Parking Spaces and rear yard nestled in the highly sought-after Windsor Terrace neighborhood. This three-story rent-stabilized building, solidly constructed in 2002, spans an impressive 6,080 sq. ft. on a 40' by 80' lot, offers tremendous upside and phenomenal layouts.<br><br>Property Highlights:<br>- Building Size: Approximately 6,080 sq. ft. (40 ft. x 60 ft.)<br>- Lot Size: 40 ft. x 80 ft.<br>- Units: Five-unit building with 11 bedrooms and 10.5 bathrooms<br>- Balconies: Eight balconies, plus a rooftop and rear yard<br>- Parking: Garage with up to 6 parking spaces <br>- Basement: Full basement with five locked storage units, a 3-set coin-operated machine laundry room, and a mechanical room with meters<br><br>Residential Details:<br>- First Floor Duplex: A sprawling 1,627 sq. ft., 3-bedroom, 2.5-bathroom unit<br>- Upper Floors: Four sun-drenched, 2-bedroom, 2-bathroom apartments, each with two balconies<br>- Luxury Features: King-size primary ensuites with full baths, open-concept kitchens with eat-in islands, oak wood floors, French doors, and recessed lighting throughout<br>- Rooftop Potential: The rooftop offers an opportunity for furnishing and landscaping, with the potential to add value<br><br>Financials:<br>- Monthly Rent Roll: $12,527<br>-Expenses:<br>-- Heat: $342/month<br>-- Electric (Common Areas): $114/month<br>-- Insurance: $272/month<br>-- DEP: $300/month<br>-- Real Estate Taxes: $117.49/month<br>-- Partial tax abatement for 3 more years<br><br>This rent-stabilized building is delivered fully occupied with long-term, reliable tenants in good standing. With its prime location, strong rental income, and the potential for rooftop enhancement, 563 20th Street is an outstanding investment opportunity with upside.<br><br>Don't miss your chance to own this meticulously maintained property with tremendous upsides in one of Brooklyn's most desirable neighborhoods!

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Living Area: 6,080 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Tam Le
  • Agent Phone: (718) 422-2524

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 10
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • View: Other

Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $410/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

563 20th St vs New York

59 DAYS ON ROCKET

-25 Days

$2,495,000

+$1.6M More

$410/SqFt

-$235 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $235/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423196567

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Tam Le
  • Agent Phone: (718) 422-2524

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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: 11/16/2024, 4:20:50 AM 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

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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-29325
8
/10
  • Magnet School of Math, Science & Design Technology

  • 511 7th Ave

  • 0.48 miles

  • Public Magnet Grades KG-5

school-card-donut-29326
6
/10
  • P.S. 130 The Parkside School

  • 70 Ocean Pkwy

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-29327
7
/10
  • P.S. 295 Brooklyn

  • 330 18th St

  • 0.52 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,697. Typical income of New York, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 563 20th St

What is the listing price of this property?

The listing price of 563 20th St property is $2,495,000.

What type of property is this?

The property 563 20th St is a townhouse located in New York City, New York, 11218.

Is this property for sale now?

Active Listing: 563 20th 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 563 20th St has 11 bedrooms and 10 full and 1 half bathrooms.

What is the square footage of this property?

The property 563 20th St is 6,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 563 20th St is 2002.

Rocket HomesNew YorkKings CountyNew York11218563 20th St

This home is located at 563 20th St in New York City, NY and zip code 11218 in the South Brooklyn neighborhood. This 6,080 square foot home was built in 2002. Features: 11 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $2,495,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

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

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