2 months on rocket

771 4th Ave, Brooklyn, NY, 11232

$1,650,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Full Baths
5,200 SqFt
$317/SqFt
Multi

Location

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771 4th Ave, Brooklyn$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1920
HeatingHot Water, Natural Gas
CoolingNone
BasementYes
FireplaceNone
MLS #485801
StatusActive

About 771 4th Ave

Attention Investors and Property Seekers! Discover a Gem in the Heart of Brooklyn - An 8-Family, all free-market rent property nestled in the vibrant neighborhood of Greenwood Heights. This exceptional property offers the rare combination of privacy and accessibility, making it an investor's dream come true. Location, Location, Location! Situated within a stone's throw from South Slope and mere minutes from the bustling centers of Barclays Center, Industry City, and Park Slope. Not to mention, its proximity to Highway 278 takes transportation convenience to the next level. Why makes this property a must-have? - **Prime Location:** In the buzzing heart of Brooklyn, surrounded by cultural hotspots and transportation hubs. - **Investment Growth:** Positioned in a community known for its appreciation potential, ensuring a valuable addition to your investment portfolio. - **Quality of Life:** Offering a blend of old-world charm and modern conveniences, including shopping, dining, and expansive green spaces. - **Historical and Cultural Richness:** Reside in Brooklyn's highest point, boasting a storied history and a community that retains a quaint, old-fashioned appeal. Perfect for investors targeting strategic location, quality of living, and exponential investment growth. Whether you aim to broaden your investment horizon or seek a high-return asset, this opportunity is gold. Co-Broke Welcomed.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 4
  • Living Area: 5,200 SqFt

Listing Office:

  • Office Name: Ashford Homes LLC

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $317/SqFt

Tax Information:

  • Annual Amount: $34,569
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

771 4th Ave vs Brooklyn

76 DAYS ON ROCKET

-21 Days

$1,650,000

+$665.5K More

$317/SqFt

-$380 Less

KEY TAKEAWAY

This property is $665.5K more than the Median Sold Price and $380/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #485801

Listing Office:

  • Office Name: Ashford Homes LLC

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: 11/21/2024, 12:21:16 PM 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$34,569$862,650
2018$30,222$237,614
2017$29,684$237,614

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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-285016
9
/10
  • P.S. 172 Beacon School of Excellence

  • 825 4th Ave

  • 0.15 miles

  • Public District Grades KG-5

school-card-donut-285017
7
/10
  • P.S. 295 Brooklyn

  • 330 18th St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-285018
4
/10
  • P.S. 24 Brooklyn

  • 427 38th St

  • 0.56 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,050. The majority of Brooklyn, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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›Brooklyn›11232›771 4th Ave

This home is located at 771 4th Ave in Brooklyn, NY and zip code 11232 in the South Brooklyn neighborhood. This 5,200 square foot home was built in 1920. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $1,650,000.

In October 2024, from all listings sold in Brooklyn, NY there were more than 50 sold above asking price, over 169 sold below and more than 217 were sold right at the asked price. The inventory of homes for sale in Brooklyn, NY between September 2024 and October 2024 increased by 0.1%. While the average time on the market in October 2024 was 97 days, the median list price was $984,431.

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

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