new - 5 days on rocket

994 E 54th St, Brooklyn, NY, 11234

$530,000

Home List Price

$6,294*

Closing Credit

3 Bedrooms
2 Full Baths
1,984 SqFt
$267/SqFt
House

Location

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994 E 54th St, Brooklyn$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking6+ Spaces, Detached Garage, Private Drive
Year Built1940
HeatingOther, Natural Gas
CoolingOther
BasementYes
FireplaceOther
MLS #487361
StatusActive

About 994 E 54th St

Large One-Family Detached Home with Lots of Potential. Bring your Contractor and your Imagination! Spacious 30x100 Lot with Huge Private Driveway and Detached Multi-Car Garage. The property offers tremendous potential for a homeowner or investor looking to rehab and improve. The main level offers Bedrooms, Spacious Living, Dining, and Kitchen areas. The basement level offers 2 extra rooms, a laundry area, and a separate entrance. This is a fantastic investment opportunity for those looking to tap into the potential of this versatile property. House is being sold "As is"

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1940
  • Living Area: 1,984 SqFt

Listing Office:

  • Office Name: Tworealestate LLC

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Other
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: 6+ Spaces, Detached Garage, Private Drive

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $530,000
  • Price Per SqFt: $267/SqFt

Tax Information:

  • Annual Amount: $4,938
  • 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

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

994 E 54th St vs Brooklyn

5 DAYS ON ROCKET

-92 Days

$530,000

-$454.4K Less

$267/SqFt

-$430 Less

KEY TAKEAWAY

This property is $454.4K less than the Median Sold Price and $430/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #487361

Listing Office:

  • Office Name: Tworealestate 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: 11/16/2024, 5:20:46 AM 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$4,938$33,300
2019$4,937$31,860
2018$3,957$22,132
2017$4,057$20,880

History based on county public records data.

Payment Calculator

$2,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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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-68597
4
/10

  • P.S. 251 Paerdegat School

  • 1037 E 54th St

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-68598
8
/10

  • P.S. 208 Elsa Ebeling School

  • 4801 Avenue D

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-68599
5
/10

  • P.S. 198 Brooklyn

  • 4105 Farragut Rd

  • 0.69 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,111. Most Brooklyn, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 994 E 54th St

What is the listing price of this property?

The listing price of 994 E 54th St property is $530,000.

What type of property is this?

The property 994 E 54th St is a house located in Brooklyn, New York, 11234.

Is this property for sale now?

Active Listing: 994 E 54th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,938 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 994 E 54th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 994 E 54th St is 1,984 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 994 E 54th St is 1940.

Rocket Homes›New York›Kings County›Brooklyn›11234›994 E 54th St

This home is located at 994 E 54th St in Brooklyn, NY and zip code 11234 in the Flatlands neighborhood. This 1,984 square foot home was built in 1940. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $530,000.

While more than 50 listings in Brooklyn, NY in October 2024 were sold above asking price, there were more than 217 listings sold at asking price, and more than 169 were sold below. 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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