new - 3 days on rocket

718 Bay Ridge Ave, Brooklyn, NY, 11220

$1,890,000

Home List Price

$10,000*

Closing Credit

3 Full Baths
3,780 SqFt
$500/SqFt
Multi

Location

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718 Bay Ridge Ave, Brooklyn$1,890,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking4 Spaces, Detached Garage, Private Drive
Year Built1925
HeatingSteam, Natural Gas
CoolingOther
BasementYes
FireplaceStove, Other
MLS #488066
StatusActive

About 718 Bay Ridge Ave

Welcome to an exceptional opportunity to own a stunning two-family house in one of Brooklyn’s most desirable neighborhoods, Dyker Heights, located right next to 8th Avenue and the park. This highly sought-after area is known for its affluence, convenience, and charm. Moments away from the park and just minutes from the N-line subway station. Within a short distance to 8th Avenue’s bustling shopping area, top-rated schools, banks, supermarkets, and JHS 259. Building 20’ x 63, Irregular Lot 41’ x 100, six over six Layout, First Floor: three- bedrooms apartment featuring a formal living room, dining room, and separate kitchen. Second Floor: Identical layout with 3 bedrooms, a large living room, dining room, and separate kitchen. Fully brick and semi-detached for added privacy. Two-car garage plus a private driveway with ample space for multiple vehicles. Convenient access to the basement. Whether you’re looking to live in one unit and rent the other or seeking a smart investment in a top Brooklyn location, this property checks all the boxes. Act quickly – this remarkable home won’t stay on the market for long!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,780 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove, Other
  • Basement: Yes
  • Flooring Type: Hardwood, Tile, Other
  • Fireplace: Stove, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: 4 Spaces, Detached Garage, Private Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,890,000
  • Price Per SqFt: $500/SqFt

Tax Information:

  • Annual Amount: $10,197
  • 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

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

718 Bay Ridge Ave vs Brooklyn

3 DAYS ON ROCKET

-108 Days

$1,890,000

+$910K More

$500/SqFt

-$202 Less

KEY TAKEAWAY

This property is $910K more than the Median Sold Price and $202/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488066

Listing Office:

  • Office Name: RE/MAX Edge

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: 12/18/2024, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,197$81,720
2019$10,196$78,720
2018$8,724$45,363
2017$8,357$42,798

History based on county public records data.

Payment Calculator

$9,500

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,733

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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-4364926
8
/10

  • Ralph A. Fabrizio School

  • 619 72nd St

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-4364927
8
/10

  • P.S. 69 Vincent D Grippo School

  • 6302 9th Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-4364928
9
/10

  • The School for Future Leaders

  • 942 62nd St

  • 0.44 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 $41,768. The majority of Brooklyn, NY residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11220›718 Bay Ridge Ave

This home is located at 718 Bay Ridge Ave in Brooklyn, NY and zip code 11220 in the Dyker Heights neighborhood. This 3,780 square foot home was built in 1925. Features: 3 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $1,890,000.

In November 2024 more than 28 listings in Brooklyn, NY were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 161 were sold below. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $979,913, while the average time on the real estate market was 111 days.

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

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