2 months on rocket

1111 Sheepshead Bay Rd, Brooklyn, NY, 11229

$2,650,000

10 Bedrooms
4 Full Baths
Multi

Location

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Property Highlights

Home TypeMulti Family
Parking5 Spaces, Private Drive
Garage5 spaces
HeatingBaseboard, Electric, Natural Gas
CoolingWall Unit(s), Window Unit(s)
BasementYes
FireplaceStove
MLS #485984
StatusActive

About 1111 Sheepshead Bay Rd

Top property for investor/homeowner or 1031 Exchange! Situated in prime residential area Homecrest, Brooklyn, neighboring Sheepshead Bay, Brooklyn, built in 2003, this EXTRA LARGE ALL BRICK building 32 x 68, lot 51.42 x 122.25. The 2.5 story (each unit is a duplex apartment) with a full basement, is one of a kind 3 family property. The property is a low maintenance modern building. Three units have been totally renovated with lots of upgrades: beautiful hardwood floors throughout each unit; granite countertops; wood cabinets; stainless appliances in every kitchen in each unit. 1st floor is a ONE UNIT apartment (1F + 1R), has 4 bedrooms, 4 bathrooms, two master bedrooms comes with two private bathrooms, the living room, dining room, and kitchen ARE DOUBLE SIZES (pls call for explanation) and the unit connects with huge full finished basement, making it a duplex. 2nd floor TWO UNITS apartments 2F and 2R, the 16 feet high ceiling in living room gives one a side hall feels of luxury duplex! Both units have a spacious Living room, dining area combo, kitchen, 1 bathroom, one bedroom and a spiral staircase taking you to upper level for 2 bedrooms, and one 4-piece bathroom in the hallway. All bathrooms are high taste/quality tiled. All units have an outdoor area. A huge garage sits in the back of long driveway (parks 3-4 cars) This 3-family property is also CONDO CONVERSION READY, perfect for a primary residence with two great income producing units or as an investment property solely. All three units are being used as free market rentals currently. 4 boilers, 4 hot water tanks, 4 electricity meters,4 gas meters

Property Details

Property Features

Listing Office:

  • Office Name: DiTommaso Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Garage Space: 5 spaces
  • Parking: 5 Spaces, Private Drive

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas
  • Cooling: Wall Unit(s), Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,650,000

Tax Information:

  • Annual Amount: $19,820
  • 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

1111 Sheepshead Bay Rd vs Brooklyn

65 DAYS ON ROCKET

-32 Days

$2,650,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #485984

Listing Office:

  • Office Name: DiTommaso Real Estate

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, 1:21:09 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$19,820$107,340
2019$19,820$135,000
2018$6,849$104,520
2017$1,684$115,740

History based on county public records data.

Payment Calculator

$13.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,011

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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-314401
8
/10
  • P.S. 254 Dag Hammarskjold School

  • 1801 Avenue Y

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-314402
6
/10
  • P.S. 153 Homecrest

  • 1970 Homecrest Ave

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-314403
6
/10
  • P.S. 216 Arturo Toscanini School

  • 350 Avenue X

  • 0.65 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,697. The most common annual income of people living in Brooklyn, NY is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket Homes›New York›Kings County›Brooklyn›11229›1111 Sheepshead Bay Rd

This home is located at 1111 Sheepshead Bay Rd in Brooklyn, NY and zip code 11229 in the Homecrest neighborhood. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $2,650,000.

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 number of listings in Brooklyn, NY increased by 0.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $984,431, while the average time on the real estate market was 97 days.

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

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