1111 Sheepshead Bay Rd Brooklyn, NY 11229
Sheepshead Bay NeighborhoodEstimated payment $16,451/month
Total Views
2,901
10
Beds
8
Baths
5,440
Sq Ft
$487
Price per Sq Ft
Highlights
- 0.13 Acre Lot
- Eat-In Kitchen
- Living Room
- 2 Car Detached Garage
- Cooling Available
- Hot Water Baseboard Heater
About This Home
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 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 (parks 3-4 cars).This 3 family property is perfect for a primary residence with two great income producing units or as an investment property solely. 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). Being sold As Is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,472
Year Built
- Built in 2003
Lot Details
- 5,800 Sq Ft Lot
- Lot Dimensions are 32x68
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,440 Sq Ft Home
- 3-Story Property
- Living Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Full Bathrooms
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- 220 Volts
- Individual Gas Meter
- Cable TV Available
Community Details
- 3 Units
- Gross Income $122,400
Listing and Financial Details
- Legal Lot and Block 0059 / 07397
- Assessor Parcel Number 07397-0059
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $25,871 | $188,760 | $42,360 | $146,400 |
| 2024 | $25,871 | $167,940 | $42,360 | $125,580 |
| 2023 | $25,472 | $171,120 | $42,360 | $128,760 |
| 2022 | $18,779 | $172,980 | $42,360 | $130,620 |
| 2021 | $25,382 | $133,560 | $42,360 | $91,200 |
| 2020 | $19,036 | $107,340 | $42,360 | $64,980 |
| 2019 | $14,566 | $107,340 | $42,360 | $64,980 |
| 2018 | $10,120 | $104,520 | $42,360 | $62,160 |
| 2017 | $6,849 | $115,740 | $42,360 | $73,380 |
| 2016 | $1,684 | $356,803 | $270,282 | $86,521 |
| 2015 | $877 | $330,374 | $300,185 | $30,189 |
| 2014 | $877 | $330,374 | $300,185 | $30,189 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 09/16/2024 09/16/24 | For Sale | $2,650,000 | -- | $487 / Sq Ft |
Source: Staten Island Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,000 | No Value Available |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Staten Island Multiple Listing Service
MLS Number: 2405232
APN: 07397-0059
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