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1319 Avenue R
BrooklynNY 11229

$1,275,000
Recently Sold 8/8/2023
Tools
Brochure
Size
3
Bedrooms
2
Full Baths
5,000 Sq Ft.
interior
100 Acres
Exterior
Financial
$1,275,000
Sold 08-08-23
$255
Price Per Sqft
Listing Details
Townhouse
Property type
5949404
Web Id
1103-8359141
MLS ID
560
Days Posted

Description

1319 Avenue R,

Brooklyn, NY 11229

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.

Price History

datepricevariancetypeglobal
8/8/2023$1,275,000 24.78 %Soldview listing
4/21/2023$1,695,000-Contract
3/9/2023$1,695,000-Listed
Listing By: Bond New York via Data Source: RealPlus MLS 
listing agent: Albert Safdie


Located at 1319 Avenue R, Brooklyn, New York 11229, Sheepshead Bay neighborhood, this listing has been Sold for a price of $1,275,000 USD. The property includes 3 bedrooms, has 2 full baths. This listing has 5,000 Sq.Ft. of interior space on a lot of 100 X 30. See all Apartments for Sold in Sheepshead Bay.
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