1319 Ave R, Brooklyn, NY 11229
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1319 Ave R, Brooklyn, NY 11229
1319 Ave R, Brooklyn, NY 11229
1319 Ave R, Brooklyn, NY 11229
1319 Ave R, Brooklyn, NY 11229
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Listed by BOND New York
$ 1,695,000
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Contingent

1319 Ave R Brooklyn, NY 11229


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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Contingent

Purchase Type For Sale

Subdivision Sheepshead Bay

MLS Listing ID RLMX-87814

Annual Tax Amount $10,017

Property Sub-Type Single Family

Property Description

Welcome to 1391 Avenue R, in the quaint Homecrest residential section of Southeast Brooklyn. Located on a well sought after corner with an abundance of public transportation, this mixed use property combines the convenience of urban life with the tranquility of suburban life.

The house, built in 1925, is on a 100 ft x 30 ft lot with private parking for 3 cars. The first floor features a recently remodeled medical office offering a unique turnkey opportunity to carry on the legacy of a successful 35 year old pediatric practice. A separate private entrance leads to a 4 bedroom 1 bath 1400 sf apartment. The residential space on the second floor is boasting 22 windows with plenty of direct sunlight. The residential apartment upstairs was totally renovated in 2017 with totally new and updated WiFi, cable system. electrical system with independent and isolated electrical panel on the second floor.

Bordering the property is the busy shopping Kings Highway corridor and Ocean Avenue with its eclectic choice of restaurants. Slightly further out is the gigantic Kings Plaza plaza mall featuring 150 shops and multiplex theaters, and all within a 20 minute car ride enjoy the most amazing beaches of Coney Island and Breezy Point natural preserve.

This property has many potential uses:

*Combine units for home
*Owner occupied
*Investment property - Projected Cap Rate 6%
*Capitalize on rental on a 35 years old successful pediatric doctor's practice.
This is once in a lifetime opportunity for a doctor to rent the first floor Turnkey from day 1

BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.

Location

State NY

County Brooklyn

Community Sheepshead Bay

Rooms

Other Rooms LegalRoomsTotal: 16.00

Interior

Cooling Central

Exterior

Garage No

Building

Structure Type Walk-up

Others

Pets Allowed No

Pets Allowed No pets


NEARBY SCHOOLS & PROPERTIES

Joseph Boivin

Joseph Boivin

Advisor | License ID: 10401334965

+1(561) 906-9809

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1319 Ave R