5 months on rocket

741 Pennsylvania Ave, East New York, NY, 11207

$1,590,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
Multi

Location

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741 Pennsylvania Ave, New York$1,590,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1930
HeatingOther
MLS #3559651
Lot Size0.07 Acres
StatusActive
(A)

About 741 Pennsylvania Ave

Welcome to 741 Pennsylvania Ave, a lucrative investment opportunity in the heart of the bustling city. This impressive 6-unit building boasts a total of 12 spacious bedrooms, offering ample space for tenants to live comfortably. With a total gross yearly income of $156,000 and a net income of $130,000, this property provides a solid return on investment. The well-maintained building is ideally located in a desirable neighborhood, close to amenities and public transportation, making it attractive to potential tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1930

Listing Office:

  • Office Name: 5 Boro Realty Corp
  • Office Phone: (855) 305-3325

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Other

Other

Directions Information:

  • Directions: GOOGLE MAPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,590,000
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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

741 Pennsylvania Ave vs New York

157 DAYS ON ROCKET

+73 Days

$1,590,000

+$733.8K More

KEY TAKEAWAY

This property is $733.8K 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: #3559651

Listing Office:

  • Office Name: 5 Boro Realty Corp
  • Office Phone: (855) 305-3325

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, 10:56:50 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

$8,003

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,833

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-537308
3
/10

  • P.S. 213 New Lots School

  • 580 Hegeman Ave

  • 0.07 miles

  • Public District Grades PK-5

school-card-donut-537309
7
/10

  • P.S. 190 Sheffield School

  • 590 Sheffield Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-537310
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. Typical income of New York, NY residents is less than $35k annually. Typical family type is 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›11207›741 Pennsylvania Ave

This home is located at 741 Pennsylvania Ave in East New York, NY and zip code 11207 in the East New York neighborhood. This home, which was built in 1930, sits on a 0.07 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $1,590,000.

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%. In October 2024 median list price was $856,124 and the average listing age was 84 days.

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

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