1 month on rocket

739 Pennsylvania Ave, New York City, NY, 11207

$1,150,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
7 Full Baths
4,725 SqFt
$243/SqFt
Townhouse

Location

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739 Pennsylvania Ave, New York$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1930
ViewOther
MLS #RPLU-33423076904
StatusActive

About 739 Pennsylvania Ave

For sale for the first time in 41 years, seize this rare investment opportunity to invest in East New York, Brooklyn with the purchase of739 Pennsylvania Avenue, a (6) six-unit, rent-stabilized building. This impressive brick property spans 22.5' x 70' on a generous 30' x 95' lot and provides immediate substantial returns and upside potential. For both seasoned investors and those looking to enter the real estate market, this is a standout addition to any real estate portfolio with maximum benefits from the area's ongoing development and revitalization projects.739 Pennsylvania Avenue features a diverse mix of rent-stabilized units:- (1) Studio Apt Occupied- (4) Two-Bedroom Apts (3) Vacant- (1) Three-Bedroom Apt Vacant<br> <br> A finished basement adds valuable space, while the shared driveway and outdoor space enhance convenience and livability for tenants.<br> <br> Neighborhood amenities include Linden Park and Playground, perfect for outdoor activities and relaxation. Nearby essentials include a laundromat, Self Storage facilities, Mobil and BP gas stations, and popular spots like Dunkin' and Bravo Supermarkets. The area also offers a range of beauty and grooming services, as well as automotive care. Excellent connectivity with the 3 Train at Pennsylvania Avenue Station and the B20 Bus, ensuring smooth commutes and accessibility.<br> <br> 739 Pennsylvania Avenue is a remarkable opportunity for investors looking to capitalize on a high-demand area with a blend of occupied and vacant units, ensuring both immediate revenue and growth potential in a strategic location. Don't miss out on owning this versatile and promising property!<br> <br> Contact us today to schedule a viewing and explore the possibilities this property holds for your investment portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 4,725 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Lisa James
  • Agent Phone: (347) 512-9974

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • View: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $243/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

739 Pennsylvania Ave vs New York

48 DAYS ON ROCKET

-36 Days

$1,150,000

+$293.8K More

$243/SqFt

-$402 Less

KEY TAKEAWAY

This property is $293.8K more than the Median Sold Price and $402/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: #RPLU-33423076904

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Lisa James
  • Agent Phone: (347) 512-9974

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: 11/21/2024, 7:20:50 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

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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-405108
3
/10

  • P.S. 213 New Lots School

  • 580 Hegeman Ave

  • 0.07 miles

  • Public District Grades PK-5

school-card-donut-405109
7
/10

  • P.S. 190 Sheffield School

  • 590 Sheffield Ave

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-405110
5
/10

  • P.S. 13 Roberto Clemente School

  • 557 Pennsylvania Ave Ste 1

  • 0.31 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 $26,856. Most New York, NY residents have annual incomes less than $35k. The majority of 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

Frequently Asked Questions About 739 Pennsylvania Ave

What is the listing price of this property?

The listing price of 739 Pennsylvania Ave property is $1,150,000.

What type of property is this?

The property 739 Pennsylvania Ave is a townhouse located in New York City, New York, 11207.

Is this property for sale now?

Active Listing: 739 Pennsylvania Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 739 Pennsylvania Ave has 11 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 739 Pennsylvania Ave is 4,725 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 739 Pennsylvania Ave is 1930.

Rocket Homes›New York›Kings County›New York›11207›739 Pennsylvania Ave

This home is located at 739 Pennsylvania Ave in New York City, NY and zip code 11207 in the East New York neighborhood. This 4,725 square foot home was built in 1930. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $1,150,000.

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. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased 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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