$525,000

Estimated payment $3,057/month

Total Views 4,385
2 Beds
1 Bath
750 Sq Ft
$700 Price per Sq Ft

Highlights

  • Card or Code Access
  • 3-minute walk to Sheepshead Bay
  • 1-minute walk to Homecrest Playground
  • Multiple cooling system units
  • Secure Lobby

About This Home

Rare Opportunity – Renovated Top-Floor Duplex in Sheepshead Bay
This beautifully updated 2-bedroom, rear-facing duplex condo offers exceptional value with very low maintenance fees and low annual taxes of just $3,636, making it a smart choice for both homeowners and investors. Located just minutes from the Q and B trains, it combines modern comfort with a prime location.
Condo Highlights:
Spacious Duplex Layout: One traditional bedroom on the first floor plus a second loft-style bedroom upstairs, filled with natural light from a large skylight that doubles as a roll-out window.
Modern Kitchen: Frigidaire Gallery stainless steel appliances, granite countertops, custom cabinetry with wine rack and bar shelving, deep sink with Moet faucet, and a large island seating up to six.
Master Suite: Custom-built, double-deep closets, hardwood floors, and access to a private balcony/terrace.
Stylish Finishes: Hardwood staircase and floors throughout, updated bathroom with 4-jet shower panel and Canadian tempered glass doors.
Practical Features: In-unit laundry, boutique 9-unit building, and top-floor privacy.
Lifestyle & Investment Potential:
Located in the heart of Sheepshead Bay, this condo is close to shopping, restaurants, pharmacies, banks, and Emmons Avenue’s vibrant waterfront. With its low carrying costs and strong rental appeal, it’s an excellent investment opportunity or perfect home for a primary residence.

Listing Agent

Angela Staraya

RE/MAX Edge Listed on: 08/01/2025

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1992

Home Design

  • 750 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Septic System

Listing and Financial Details

  • Tax Block 7457

Community Details

Overview

  • 9 Units
  • Association Phone (718) 000-0000
  • Lief Ericson Condos

Pet Policy

  • Pets Allowed

Additional Features

  • Secure Lobby
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,636

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 13th
  • Cross Street Name2: Homecrest Ave
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 231.00
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall
  • Fill Sq Ft Total: 750
  • Street Name I D X: Shore
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Floor: 3
  • Pets Allowed: Yes
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1006

Utilities

  • Air Conditioning Units: 2
  • Utilities: Septic, Sewer, Water

Condo/Co-op/Association

  • Management Company: Self Managed
  • Manager Phone: 718-000-0000
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 9

Lot Info

  • Building Project Name: Lief Ericson

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3636.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,624 $41,069 $1,653 $39,416
2024 $3,624 $32,440 $1,653 $30,787
2023 $3,636 $32,111 $1,653 $30,458
2022 $3,372 $29,605 $1,653 $27,952
2021 $3,354 $26,593 $1,653 $24,940
2020 $1,573 $27,152 $1,653 $25,499
2019 $3,145 $24,129 $1,653 $22,476
2018 $3,041 $14,920 $1,057 $13,863
2017 $2,869 $14,076 $1,077 $12,999
2016 $2,655 $13,280 $1,298 $11,982
2015 $1,788 $12,529 $1,653 $10,876
2014 $1,788 $12,529 $1,653 $10,876
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2025 09/05/25 Price Changed $525,000 -1.9% $700 / Sq Ft
08/01/2025 08/01/25 For Sale $534,998 +12.6% $713 / Sq Ft
05/21/2018 05/21/18 Sold $475,000 0.0% $731 / Sq Ft View Prior Sale
04/21/2018 04/21/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $475,000 -- $731 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $475,000 --
Deed $350,000 --
Deed $300,000 --
Bargain Sale Deed $178,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Purchase Money Mortgage
Previous Owner $296,000 New Conventional
Previous Owner $294,566 Purchase Money Mortgage
Previous Owner $142,800 No Value Available
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 494679

Brooklyn Board of REALTORS®

APN: 07457-1008