1111 Sheepshead Bay Road
Brooklyn, NY, 11229 $ 2,685,000
Bedrooms10 Baths4.0 Sq 5,328 Monthly Estimate*
$ 17,845
for $2,685,000 with 10 bedrooms and 4 full baths. This 5,328 square foot home was built in 2003 on a lot size of 0.144307.
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!
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FeaturesInteriorHeating Fuel Electric Gas
Flooring Hardwood Tile
Hot Water Gas
Full Baths 4
Half Baths 0
Three Quarter Bath 4
Beds Total 10
Total Baths 8.00
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GeneralRoof Other
Zoning R4
Electric 110 V
Stories 3
Property Type Residential
Block 7397
Yearly Taxes 25472.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 29
MLS Area Sheepshead Bay
Sub Type Multi-Family
Year Built 2003
City Brooklyn
DOM 29
# Families 3
Coming Soon 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 32x6
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ExteriorExterior Brick
Lot Dimensions 51x122
Foundation Poured Concrete
Parking Attrib 5 Spaces Detached Garage
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Internal OnlyOriginating MLS Brooklyn New York MLS
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* Excluded FeaturesList ByDitommaso Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $17,845
- Monthly Property Taxes
- $2,123
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,694,888
Percent of Sale Price 37%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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4/30/2024 | $2,685,000 | | Listed Price |