1 month on rocket

647 5th Ave, New York City, NY, 11215

$2,175,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
2 Full Baths
3,261 SqFt
$667/SqFt
Multi

Location

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647 5th Ave, New York$2,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1931
MLS #COMP-1669662179579635641
StatusActive

About 647 5th Ave

Welcome to this two family mixed use investment property currently configured with a restaurant on the 1st floor and 1-2 bedroom apartment on the 2nd floor. The Building is 18ft X 40ft and the Lot is 20.5ft X 100ft. This is an incredible opportunity for an investor and/or Developer in prime Greenwood Heights. The total interior Sq ft as built is 3261, total gross Sq ft as built is 3770 with an additional 3300+ FAR. Please confirm with your architect. Reach out for showings.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Living Area: 3,261 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Maryanne Farrell
  • Agent Phone: (917) 304-6154

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,175,000
  • Price Per SqFt: $667/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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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

647 5th Ave vs New York

47 DAYS ON ROCKET

-37 Days

$2,175,000

+$1.3M More

$667/SqFt

+$22 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $22/SqFt more 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: #COMP-1669662179579635641

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Maryanne Farrell
  • Agent Phone: (917) 304-6154

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: 11/18/2024, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,587

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-726224
7
/10
  • P.S. 295 Brooklyn

  • 330 18th St

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-726225
8
/10
  • Magnet School of Math, Science & Design Technology

  • 511 7th Ave

  • 0.30 miles

  • Public Magnet Grades KG-5

school-card-donut-726226
3
/10
  • P.S. 124 Silas B. Dutcher School

  • 515 4th Ave

  • 0.35 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,934. Residents of New York, NY typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkKings CountyNew York11215647 5th Ave

This home is located at 647 5th Ave in New York City, NY and zip code 11215 in the South Brooklyn neighborhood. This 3,261 square foot home was built in 1931. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $2,175,000.

While more than 269 listings in New York, NY in October 2024 were sold above asking price, there were more than 850 listings sold at asking price, and more than 833 were sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings 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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