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 32x68, 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 legal 3 family property. You can both live in and make a great income. If you are considering buying a Condo for about $2M, why not consider this 3 Family property that can be 3 condos value and easy to rent without additional board requirements or a wait for board approval. 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 feel 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 (park 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 (1st unit has 2 boilers & 2 hot water tanks it can become legal 2 units after closing). Close to ALL transportation!
This property is $1.7M more than the Median Sold Price and $186/SqFt less than other homes in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #481694
Listing Office:
Office Name: DiTommaso Real Estate
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Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
PS 254 Dag Hammarskjold
1801 Avenue Y
Distance between this listing and this school0.36 miles
Public District Grades PK-5
4
/10
PS 153 Homecrest
1970 Homecrest Ave
Distance between this listing and this school0.58 miles
Public District Grades PK-5
7
/10
PS 216 Arturo Toscanini
350 Avenue X
Distance between this listing and this school0.65 miles
Public District Grades PK-5
Nearby Schools
8
/10
PS 209 Margaret Mead
2609 E 7th St
Distance between this listing and this school0.46 miles
Public District Grades PK-8
5
/10
PS 206 Joseph F Lamb
2200 Gravesend Neck Rd
Distance between this listing and this school0.57 miles
Public District Grades PK-8
10
/10
Intermediate School 98 Bay Academy
1401 Emmons Ave
Distance between this listing and this school0.66 miles
Public District Grades 6-8
Nearby Schools
2
/10
William E Grady Career and Technical Education High School
25 Brighton 4th Rd
Distance between this listing and this school0.73 miles
Public District Grades 9-12
3
/10
Abraham Lincoln High School
2800 Ocean Pkwy
Distance between this listing and this school0.91 miles
Public District Grades 9-12
3
/10
Rachel Carson High School For Coastal Studies
521 West Ave
Distance between this listing and this school1.04 miles
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. Typical family type is 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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This home is located at 1111 Sheepshead Bay Rd Unit 2B in Brooklyn, NY and zip code 11229 in the Homecrest neighborhood. This 5,328 square foot home was built in 2003. Features: 4 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $2,685,000.
Brooklyn, NY housing market in April 2024 saw over 25 listings sold above listed price, more than 208 sold at listed price and over 145 sold below. In April 2024 in Brooklyn, NY there were 0.1% more homes for sale than in March 2024. In April 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $965,912.
From Rocket Homes Real Estate and based on county public records data.
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. 
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