2 months on rocket

716 New Lots Ave, East New York, NY, 11207

$1,250,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
3,120 SqFt
$401/SqFt
Multi

Location

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716 New Lots Ave, New York$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAttached, 1 Car Attached, Garage, Public Parking
Attached Garage1 space
Year Built2004
HeatingNatural Gas, Baseboard
CoolingWindow Unit(s)
BasementYes
MLS #H6328122
Lot Size0.04 Acres
StatusActive
(A)

About 716 New Lots Ave

Welcome to 716 New Lots Ave, a spacious three-family home in the heart of East New York. This property features three fully occupied units, each generating consistent cash flow. The first-floor unit offers 2 bedrooms and 2 bathrooms. The second floor boasts a generous 3-bedroom, 2-bathroom layout, while the third floor also provides 3 bedrooms and 2 bathrooms, making it an ideal investment opportunity. Additional highlights include a full finished basement and a convenient one-car parking spot. Located in a prime area with easy access to all major transportation systems, this property is perfect for those seeking a well-maintained, income-generating investment. Don't miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 3,120 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (203) 832-5598

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, 1 Car Attached, Garage, Public Parking

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $401/SqFt
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Housing Market Comparison

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

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

716 New Lots Ave vs New York

65 DAYS ON ROCKET

-19 Days

$1,250,000

+$393.8K More

$401/SqFt

-$244 Less

KEY TAKEAWAY

This property is $393.8K more than the Median Sold Price and $244/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6328122

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (203) 832-5598

IDX 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.

IDXThe 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: 11/21/2024, 8:11:48 PM 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

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-421282
2
/10

  • East New York Elementary School of Excellence

  • 605 Shepherd Ave

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-421283
5
/10

  • P.S. 202 Ernest S. Jenkyn's School

  • 982 Hegeman Ave

  • 0.39 miles

  • Public District Grades KG-6

school-card-donut-421284
5
/10

  • P.S. 158 Warwick School

  • 400 Ashford St

  • 0.49 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,500. The majority of New York, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11207›716 New Lots Ave

This home is located at 716 New Lots Ave in East New York, NY and zip code 11207 in the East New York neighborhood. This 3,120 square foot home, which was built in 2004, sits on a 0.04 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $1,250,000.

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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