Score
0Brooklyn, NY
625 Lenox Road
620K
2 beds
1 baths
1,505 sqft
2 bd • 1 ba • 1,505 sf
This analysis was generated on 2/10/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$620,000
Price/Sq.Ft
$412
Year Built
1940
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Ranch-Style Home: The ranch-style design offers the convenience of single-level living, which can be appealing to a wide range of buyers, including those seeking accessibility.
• First Floor Bedroom and Full Bath: Having a bedroom and full bath on the first floor provides added convenience and accessibility, especially for those with mobility issues or who prefer single-level living.
• Formal Dining Room: The presence of a formal dining room adds a touch of elegance and provides a dedicated space for meals and entertaining, which is a desirable feature for many buyers.
• Proximity to PS 235 Janice Marie Knight School: The property's location just 0.2 miles from PS 235 Janice Marie Knight School (rated 7/10) is a significant advantage for families with school-aged children.
The Bad
• Extended Time on Market: With 376 days on the market, this property is sitting far longer than the Brooklyn average, suggesting issues with pricing, condition, or market appeal. Comparable properties in the area typically sell within 60-90 days.
• Limited Number of Bedrooms: The two-bedroom layout is smaller than the average Brooklyn single-family home, which often features three or more bedrooms. This may limit its appeal to larger families or those needing extra space.
• Hot Water and Oil Utilities: Relying on hot water and oil for heating can be less efficient and more costly than modern alternatives like natural gas or electric heat pumps. Upgrading these systems could be a significant expense.
• Limited Information on Property Condition: The property description notes that the information provided is estimated, suggesting a lack of detailed or verified information about the property's current condition. This uncertainty could deter potential buyers.
The Ugly
• High Price per Square Foot: At $411.96 per square foot, the property's price is higher than the Brooklyn average, which typically ranges from $300 to $400 per square foot. This higher price point may deter budget-conscious buyers.
• Major Air Quality Risk (5/10): The air quality risk is a concern, with 6 bad air days per year. This could lead to health issues and require additional expenses for air purification systems.
• Major Heat Risk (6/10): The major heat risk, with a 98th percentile temperature of 99°F and 7 hot days per year, could result in high energy bills for cooling and require investment in air conditioning systems.
• Major Wind Risk (6/10): The major wind risk necessitates critical insurance coverage and may require additional investments in wind-resistant building materials and storm protection measures.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Buyers Seeking a Single-Level Home: The ranch-style layout with a first-floor bedroom and full bath is ideal for individuals who prefer single-story living and want to avoid stairs.
• Buyers Prioritizing Proximity to Good Schools: Situated 0.2 miles from PS 235 Janice Marie Knight School (rated 7/10), the property is well-suited for those prioritizing access to a well-regarded public elementary school.
• Buyers Who Value a Formal Dining Space: The inclusion of a formal dining room caters to individuals who appreciate having a dedicated space for meals and entertaining.
• Buyers Comfortable with Estimated Monthly Costs of $3,700+: Individuals who have evaluated their budgets and can manage these expenses without exceeding their personal debt-to-income preferences (around 33%)—including mortgage, taxes, and insurance.
Not For
• Buyers Requiring More Than Two Bedrooms: The property's layout with only two bedrooms may not meet the needs of those who want additional bedrooms or living space.
• Buyers Seeking Modern Amenities: The property, built in 1940, may lack modern amenities and features commonly found in newer constructions.
• Buyers on Strict Budgets: The price per square foot is above the local average, and monthly carrying costs are relatively high. Those seeking lower monthly obligations or smaller overall expenses might find this less suitable.
• Buyers Preferring Urban Amenities: While the property is in Brooklyn, individuals who prioritize immediate access to major retail, healthcare, or entertainment options.
Demographics
Area Median Income
$61,414
Property History
Price History
Ownership Timeline
$0Cash Purchase
Aug 28, 2024Jr. As Referee, Richard A KlassU.S. Bank Trust National Association, No
Deed
Non-Arm's Length Transactions
$0Cash Purchase
Dec 2, 2013Pearl Charles, William JosephPearl Charles
Deed
Non-Arm's Length Transactions
$0Cash Purchase
Aug 25, 2005Pearl CharlesPearl Charles, William Joseph
Intrafamily Transfer
Non-Arm's Length Transactions
Property Taxes
$0
2023 Tax Assessment
Assessed Value$39,420
Tax Rate0.00%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
7.0/10
GoodHigh
3.0/10
Below AverageFinancials
Monthly Costs
Market Rent (2 bed)
Get a detailed estimate on Zillow$2,451
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