11 months on rocket

725 Ocean Pkwy, Kensington Brooklyn, NY, 11230

$2,200,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
Multi

Location

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725 Ocean Pkwy, New York$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Detached, 1 Car Detached, Garage
Garage1 space
Year Built1925
HeatingNatural Gas, Steam
CoolingWall Unit(s)
BasementYes
MLS #3517894
Lot Size0.06 Acres
StatusActive
(A)

About 725 Ocean Pkwy

Exclusive development opportunity awaits on one of the most desirable stretches of Ocean Parkway. Currently, a 2 family, being used as 1 family. Excellent R7A zoning allows for 11,280 buildable Sq. Ft, with 120 feet of frontage on Ocean Parkway and Parkville Ave. Just a few blocks from the F, and Q subway lines, makes the location easily accessible for commuters. Right next to Supermarkets, banks, restaurants, and houses of worship. The area's growing housing demand make this an ideal location for your next development project.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1925

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Private, Detached, 1 Car Detached, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
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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

725 Ocean Pkwy vs New York

358 DAYS ON ROCKET

+274 Days

$2,200,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3517894

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

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: 11/15/2024, 10:56:47 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

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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-519586
9
/10
  • P.S. K134 Brooklyn

  • 4001 18th Ave

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-519587
6
/10
  • P.S. 217 Colonel David Marcus School

  • 1100 Newkirk Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-519588
5
/10
  • P.S. 179 The Kensington School

  • 202 Avenue C

  • 0.73 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,398. Residents of New York, NY typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›New York›11230›725 Ocean Pkwy

This home is located at 725 Ocean Pkwy in Kensington Brooklyn, NY and zip code 11230 in the Kensington neighborhood. This home, which was built in 1925, sits on a 0.06 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 23, 2023 and is currently priced at $2,200,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $856,124, while the average time on the real estate market was 84 days.

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

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