1111 Sheepshead Bay Road

$2,685,000
Price
8
Beds
4
Baths
5,328 Sq. Ft.
$504 / Sq. Ft.
5,328
Sq. Ft.
$504
per Sq. Ft.

Description

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...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!

Amenities

  • Spiral Staircase
  • Hardwood Floors
  • Walk Up
  • Washer / Dryer in Unit
  • Air Conditioning
  • Formal Dining Room
  • Driveway
  • Granite Kitchen Counter

Location

Listing Courtesy of DiTommaso Real Estate
Add your commute
LISTING UPDATED: 05/16/2024 04:39 PM

Property Details for 1111 Sheepshead Bay Road

StatusActive
MLS ID481694
Days on Market18
Taxes$25,472 / year
Maintenance-
Min. Down Pymt-
Total Rooms19.0
Compass TypeTownhouse
MLS TypeMultiFamily
Year Built2003
Lot Size6,286 SF / 51' x 122'
CountyKings County

Building

1111 Sheepshead Bay Rd

3 Units2 StoriesBuilt in 2003

Location

Listing Courtesy of DiTommaso Real Estate
Add your commute

Building Information for 1111 Sheepshead Bay Road

Stories2Residences3Year Built2003Building Size32' x 68'Building Sq. Ft4,352 SFLot Size6,286 SF / 51' x 122'Building Age-Building Type-

Payment Calculator

$16,776 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,653

Property Taxes

$2,123

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1111 Sheepshead Bay Road

Summary
Location and General Information
  • Block: 7397
  • Cross Street Name: Neck Rd
  • Cross Street Name: Avenue X
  • Zoning: R4
  • Roof: Other
  • Residential Features: A/C Unit - Wall, A/C Unit - Window, Dishwasher, Microwave, Refrigerator, Stove, Washer
Parking
  • Parking Attributes: 5 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 25472.0
Property
Lot Information
  • Lot Dimensions: 51x122
  • Sq Ft Total: 5328
  • Yard: Back, Front
  • Lot Number: 59
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 122
  • Lot Size Width: 51
Utilities
  • Heat Delivery: Baseboard
  • Heating Fuel: Electric, Gas
  • AC Units: 3
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Baths Three Quarter: 4.0
  • Total Rooms: 24
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 3
  • Building Amenities: NONE
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 2176.0
  • Building Length: 68.0
  • Building Type: Detached
  • Building Width: 32.0
Unit 1
  • Unit Baths Full: 2
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 2.0
  • Unit Baths Total: 4
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Current Rent: 4200.0
  • Unit Floor: 1
  • Unit Rooms Total: 10
  • Unit Status: Leased
  • Unit Unit Type: 4+ Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 1.0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 3000.0
  • Unit Floor: 2F
  • Unit Rooms Total: 7
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 1
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 3000.0
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 1111 Sheepshead Bay Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1111 Sheepshead Bay Road

Taxable ValueLand$42,360Additions$125,580Total$167,940
Home Facts
Total Finished SqFt5,328 SqFtLot Size5,800 SqFtYear Built2003ZoningR4APN3073970059

Schools near 1111 Sheepshead Bay Road

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 6 to 8
Rating
School
Distance
P.S. 209 Margaret Mead
PublicPK to 8

P.S. 225 The Eileen E Zaglin
PublicPK to 8

I.S. 98 Bay Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1111 Sheepshead Bay Road is a townhouse for sale in Homecrest. This property was listed for sale on April 30, 2024 by DiTommaso Real Estate, it's currently listed at $2,685,000. This listing's school district is Nyc Geog District #21 - Brooklyn. Nearby schools include P.S. 209 Margaret Mead, William E Grady Career And Technical Education High School and P.S. 225 The Eileen E Zaglin. 1111 Sheepshead Bay Road is a 8-bed, 4-bath, 5,328 sqft townhouse built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DiTommaso Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.