Exceptional 3-Family Home with Full Finished Basement in Brooklyn!Prime Location and Abundant Space! Welcome to 586 Pennsylvania Ave, a stunning 3-family home with a fully finished basement, perfectly located in Brooklyn. This impressive property boasts:7 Spacious Bedrooms_4 Modern Bathrooms,Finished Basement with Endless Possibilities Prime Location:- Close proximity to public transportation (train station)- Steps away from places of worship- Convenient access to local amenities and services. Additional Features: Well-maintained property with plenty of natural light Separate entrances for each unit Parking
Property Details
Property Features
Property Information:
Year Built: 1910
Listing Office:
Office Name: Home and Hearth of Long Island
Office Phone: (516) 544-4200
Interior Features
Interior Information:
Basement: No
Interior: Master Downstairs, Formal Dining
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Driveway, Private
Lot Features
Lot Information:
Lot: Near Public Transit
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: ENERGY STAR Qualified Equipment
Price Information
Listing Price Info
Price Summary:
List Price: $1,399,998
Tax Information:
Annual Amount: $4,103
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $420K more than the Median Sold Price in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY2
MLS Number: #L3577597
Listing Office:
Office Name: Home and Hearth of Long Island
Office Phone: (516) 544-4200
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. 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: 12/26/2024, 11:11:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 10, 1998
Aug 10, 1998Home Sold
$150,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,103
$49,380
2019
$4,102
$49,380
2018
$3,474
$18,511
2017
$3,181
$18,511
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,055
Per Month
Principal & Interest
$6,988
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,264
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
P.S. 190 Sheffield School
590 Sheffield Ave
Distance between this listing and this school0.06 miles
Public District Grades KG-5
5
/10
P.S. 13 Roberto Clemente School
557 Pennsylvania Ave Ste 1
Distance between this listing and this school0.08 miles
Public District Grades KG-5
3
/10
P.S. 213 New Lots School
580 Hegeman Ave
Distance between this listing and this school0.27 miles
Public District Grades PK-5
Nearby Schools
5
/10
Legacy School of the Arts
590 Sheffield Ave
Distance between this listing and this school0.06 miles
Public District Grades 6-8
3
/10
School of the Future Brooklyn
574 Dumont Ave
Distance between this listing and this school0.28 miles
Public District Grades 6-8
10
/10
Collegiate Academy-Math-Personal Awa
1962 Linden Blvd # 84
Distance between this listing and this school0.37 miles
Public Charter Grades 6-8
Nearby Schools
6
/10
Achievement First East New York Charter School
557 Pennsylvania Ave
Distance between this listing and this school0.08 miles
Public Charter Grades KG-12
3
/10
Captain Vernon a Richards High School-Fire
400 Pennsylvania Ave
Distance between this listing and this school0.29 miles
Public District Grades 9-12
5
/10
Performing Arts and Technology High School
400 Pennsylvania Ave
Distance between this listing and this school0.29 miles
The neighbors living near this home have an average income of $40,791. Residents of Brooklyn, NY typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 586 Pennsylvania Ave in Brooklyn, NY and zip code 11207 in the East New York neighborhood. This home was built in 1910. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,399,998.
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. The number of homes for sale in Brooklyn, NY decreased by 10.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 111 days, the median list price was $979,913.
From Rocket Homes Real Estate and based on county public records data.