1 month on rocket

88 Lott St, Brooklyn, NY, 11226

$839,900

Home List Price

$9,974*

Closing Credit

5 Bedrooms
2 Full Baths
1,796 SqFt
$468/SqFt
Multi

Location

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88 Lott St, Brooklyn$839,900

Buyer Closing Credits

$9,974*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1920
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
BasementYes
FireplaceStove
MLS #487435
StatusActive

About 88 Lott St

This attached 1810sqft 2 family brick with basement is located in the heart of Flatbush and has period detailing, hardwood floors and tin ceilings. First floor-delivered vacant: 2 bedrooms, living room, full bathroom & eat-in-kitchen. Top floor [no lease]: 3 bedrooms, living room, full bathroom & eat-in-kitchen. Finished basement is accessed from the 1st floor hallway, exterior front, and has a rear exit to the backyard. Located in R6 zoning the 2025 taxes are only $4,878. This home is convenient to 2,5, B & Q subways; B35,B41,B44,B46 & B49 buses, shopping, and Kings Theatre on Flatbush Avenue. Shown by Open House - contact listing broker for schedule. Buyer Agent Must Be With Buyer at Showings. Owner will consider offers with attached mortgage preapproval/proof of funds. Offers are not considered accepted until the owner's attorney approves purchasers executed contract. Special note: qualifying individuals can apply for grants to assist with closing costs and/or down payment through the New York State Association of Realtors (NYSAR) Housing Opportunities Foundation Inc. NYSAR also promotes DownpaymentResource a free tool that connects buyers to homeownership programs that can help with the downpayment, closing costs, and tax credits - 20 programs have been identified for this address.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,796 SqFt

Listing Office:

  • Office Name: MC Realty Consulting & Mgt.Inc

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Carpeting, Ceramic, Hardwood, Linoleum
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $839,900
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $4,538
  • Tax Year: 2020
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Housing Market Comparison

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

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Brooklyn, NY

City

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

88 Lott St vs Brooklyn

34 DAYS ON ROCKET

-77 Days

$839,900

-$140K Less

$468/SqFt

-$234 Less

KEY TAKEAWAY

This property is $140K less than the Median Sold Price and $234/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #487435

Listing Office:

  • Office Name: MC Realty Consulting & Mgt.Inc

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: 12/18/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2005Home Sold
$431,420
Jul 09, 1996Home Sold
$148,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,538$45,660
2019$4,537$45,660
2018$3,895$19,108
2017$3,785$19,108

History based on county public records data.

Payment Calculator

$4,259

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,585

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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-4322449
3
/10

  • P.S. 399 Stanley Eugene Clark School

  • 2707 Albemarle Rd

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-4322450
4
/10

  • Norma Adams Clemons Academy

  • 43 Snyder Ave

  • 0.15 miles

  • Public District Grades KG-5

school-card-donut-4322451
9
/10

  • Success Academy Charter School-Flatbush

  • 15 Snyder Ave

  • 0.19 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,434. The majority of Brooklyn, NY residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11226›88 Lott St

This home is located at 88 Lott St in Brooklyn, NY and zip code 11226 in the Flatbush neighborhood. This 1,796 square foot home was built in 1920. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $839,900.

While more than 28 listings in Brooklyn, NY in November 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 161 were sold below. The number of homes for sale in Brooklyn, NY decreased by 10.5% between October 2024 and November 2024. In November 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $979,913.

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

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