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1501 Broadway

1501 Broadway, Brooklyn, NY 11221
Property in Bushwick
5 Units
1 Units For Sale
Unit for sale at 1501  Broadway, Brooklyn, NY 11221

$2,875,000

  • Studio
  • 5 Baths
  • 8,500 ft²
1501 Broadway, Brooklyn, NY 11221 Listing by Devon Benedict

The home was built in 1915 and is 109 years old. The linear feet between the front and back of the lot was measured at 80 ft and the front of the lot was measured at 25 ft. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. As a result of that assessment, the total value of the property was placed at $302,400. To break that down further, the land itself was valued at $216,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1915
  • First Altered Year: 2001
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 5
  • Residential Unit Count: 4
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 2,000
  • Lot Size Depth Feet: 80
  • Lot Size Frontage Feet: 25
  • Building Depth: 85
  • Building Frontage: 25
  • Gross Building Area: 8,500

    Building Floor Area

  • Residential Building Floor Area: 5,000
  • Commercial Building Floor Area: 3,500
  • Retail Building Floor Area: 3,500

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: S4
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 304
  • City Council District: 37
  • Police Precinct: 83
  • Fire Company: L112
  • Health Area: 3400
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3A
  • School District: 32

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6
  • Zoning Commercial Overlay 1: C1-3

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 3380
  • Lot: 3
  • Borough Block Lot: 3033800003

    Address

  • Full Address: 1501 Broadway
  • Zip Code: 11221

Valuation

    Assessments Valuation

  • Assessed Total Value: $302,400
  • Assessed Land Value: $216,900

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Northern Brooklyn



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Frequently Asked Questions

What neighborhood is 1501 Broadway located in?
The 1501 Broadway is a located in the neighborhood of Bushwick in Northern Brooklyn, Brooklyn.
How many listings are currently for sale in 1501 Broadway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1501 Broadway?
The average sales price for units in 1501 Broadway is $2,875,000 , or $338/sqft. currently.

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