1249 Avenue U

1249 Avenue U
Homecrest

$2,000,000
Last Sold Price
8
Beds
—
Baths
5,700 Sq. Ft.
$351 / Sq. Ft.
5,700
Sq. Ft.
$351
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 9/9/25
Sold 9/9/25
a cafe on the corner of a building

Description

This brick corner property in the heart of Sheepshead Bay features a 4-family residence and 2 commercial stores, making it an excellent investment with high income potential. Each residential unit includes 2 bedrooms, 1 bathroom, a living room, and a kitchen. There are separate gas and electric meters for every unit. Located in a thriving business district on Avenue U, the property is surrounded by a variety of amenities, ensuring convenience for residents and consistent foot traffic for businesses....This brick corner property in the heart of Sheepshead Bay features a 4-family residence and 2 commercial stores, making it an excellent investment with high income potential. Each residential unit includes 2 bedrooms, 1 bathroom, a living room, and a kitchen. There are separate gas and electric meters for every unit. Located in a thriving business district on Avenue U, the property is surrounded by a variety of amenities, ensuring convenience for residents and consistent foot traffic for businesses. Building size is full size 20x105 ground floor and 20x90 for the levels above. Lot size 20x105. It is also just minutes away from the Q train station, providing easy transportation access. This prime location offers a perfect balance of residential comfort and commercial viability, making it a rare opportunity in a high-demand area.
  1. Listed by Kelly Wu • RE/MAX Edge • Other

Amenities

  • Ground Floor
  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise
LISTING UPDATED: 09/09/2025 11:02 AM

Property Details for 1249 Avenue U

StatusSold
MLS ID490444
Days on Market49
Taxes$33,131 / year
Maintenance-
Min. Down Pymt-
Total Rooms16.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1928
Lot Size2,100 SF / 20' x 105'
CountyKings County

Building

1249 Avenue U

6 Units3 StoriesBuilt in 1928
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Location

Listing Courtesy of RE/MAX Edge

Sold By RE/MAX Edge

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Building Information for 1249 Avenue U

Stories3Residences6Year Built1928Lot Size2,100 SF / 20' x 105'Building Age-Building Type-

Payment Calculator

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$12,509 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,748

Property Taxes

$2,761

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1249 Avenue U

Summary
Location and General Information
  • Block: 7317
  • Number Of Stories: 2
  • Cross Street Name: Homecrest Av
  • Cross Street Name: East 13th St
  • Zoning: R5
  • Roof: Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 33131.0
  • Gross Expense: 49531.0
  • Gross Income: $165,000.00
  • Miscellaneous Expense: 400.0
Property
Lot Information
  • Sq Ft Total: 5700
  • Yard: None
  • Lot Number: 40
  • Lot Size Irregular YN: No
  • Lot Size Length: 105
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
  • Fuel Expense: 6000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Other
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile, Other
  • Unit Count: 6
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 110 V, 220 V
  • Ceiling Height: 8-10 Foot
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 2100.0
  • Building Length: 105.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Restaurant
Unit 2
  • Unit Category: Store
  • Unit Floor: 1
  • Unit Status: No Lease
  • Unit Unit Type: Other
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 2f
  • Unit Rooms Total: true
  • Unit Status: No Lease
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 2r
  • Unit Rooms Total: true
  • Unit Status: No Lease
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 3f
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 3r
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 1489295.0
Rental
Rental Information
  • Insurance Expense: 4000.0
  • Owner Occupied: No

Property History for 1249 Avenue U

DateEvent & SourcePriceAppreciationLink
Sep 11, 2025

Permanently Off Market

OLR #99949TH

—
Sep 9, 2025

Contract Signed

OLR #99949TH

$2,500,000—
Sep 9, 2025

Sold

BKMLS #490444

$2,000,000——
Sep 9, 2025

Contract Signed

BKMLS #490444

——
Apr 1, 2025

Listed (Active)

BKMLS #490444

$2,500,000——
DateEvent & SourcePrice
09/11/2025

Permanently Off Market

OLR #99949TH

—
09/09/2025

Contract Signed

OLR #99949TH

$2,500,000
09/09/2025

Sold

BKMLS #490444

$2,000,000
09/09/2025

Contract Signed

BKMLS #490444

—
04/01/2025

Listed (Active)

BKMLS #490444

$2,500,000

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

Schools near 1249 Avenue U

This home is within New York City Geographic District #21.
Rating
School
Type
Grades
Distance
P.S. 153 Homecrest
Public - PK to 5
Jhs 234 Arthur W Cunningham
Public - 6 to 8
William E Grady Career And Technical Education High School
Public - 9 to 12
I.S. 98 Bay Academy
Public - 6 to 8
Rating
School
Distance
P.S. 153 Homecrest
PublicPK to 5

Jhs 234 Arthur W Cunningham
Public6 to 8

William E Grady Career And Technical Education High School
Public9 to 12

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.

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Listing Courtesy of RE/MAX Edge

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 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 2026, 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. ©2026 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.©2026 The Real Estate Board of New York, Inc., All rights reserved.