1 month on rocket

725 Jerome St, New York City, NY, 11207

$740,000

Home List Price

$8,788*

Closing Credit

0 Baths
1,890 SqFt
$392/SqFt
Multi

Location

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725 Jerome St, New York$740,000

Buyer Closing Credits

$8,788*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1955
MLS #OLRS-0098111
StatusActive

About 725 Jerome St

Prime Investment Opportunity in Brooklyn: 725 Jerome St, NY 11207<br><br>Property being delivered vacant<br><br>videos available upon request<br><br>This 2-family brick home offers endless potential for both investors and end-users seeking to add their personal touch. Located on Jerome St in the heart of Brooklyn, this spacious property features a 2-bedroom over 2-bedroom layout, making it ideal for rental income or multigenerational living. A finished basement adds additional space, perfect for recreation or storage.<br><br>The property will be delivered vacant, giving you a blank canvas to renovate and design as you wish. Cosmetic updates are needed, allowing you to increase the value with minimal investment.<br><br>Key features include:<br><br>Parking on-site – a rare find in Brooklyn!<br>All-brick construction for durability and low maintenance<br>Quiet residential block with easy access to public transportation and local amenities.<br>Perfect for an investor looking to generate solid rental income or an owner-occupier eager to create their dream home. Don’t miss out on this fantastic opportunity in a high-demand area!

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1955
  • Living Area: 1,890 SqFt

Listing Office:

  • Office Name: EXP Realty NYC
  • Office Phone: (917) 755-1414
  • Listing Agent: Wilson Zorrilla
  • Agent Phone: (631) 627-4837

Price Information

Listing Price Info

Price Summary:

  • List Price: $740,000
  • Price Per SqFt: $392/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

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

725 Jerome St vs New York

52 DAYS ON ROCKET

-33 Days

$740,000

-$110.1K Less

$392/SqFt

-$276 Less

KEY TAKEAWAY

This property is $110.1K less than the Median Sold Price and $276/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: #OLRS-0098111

Listing Office:

  • Office Name: EXP Realty NYC
  • Office Phone: (917) 755-1414
  • Listing Agent: Wilson Zorrilla
  • Agent Phone: (631) 627-4837

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: 12/22/2024, 4:20:54 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

$3,761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,285

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-868753
4
/10

  • P.S. 273 Wortman School

  • 923 Jerome St

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-868754
5
/10

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

  • 982 Hegeman Ave

  • 0.40 miles

  • Public District Grades KG-6

school-card-donut-868755
3
/10

  • P.S. 213 New Lots School

  • 580 Hegeman Ave

  • 0.44 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,206. Residents of New York, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11207›725 Jerome St

This home is located at 725 Jerome St in New York City, NY and zip code 11207 in the East New York neighborhood. This 1,890 square foot home was built in 1955. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $740,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.

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

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