1111 Sheepshead Bay Road, Brooklyn, NY 11229 (MLS# 2405232)
Listing Courtesy of DiTommaso Real Estate
$2,400,000
Brooklyn, NY 11229
MLS# 2405232
Status: Closed
10 beds | 8 baths | 5440 sqft
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Property Description
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. Refrigerator, stove & chandelier in 1F & 1R apartment belongs to tenant.
Details
Maps
AddressLegal
Street No.: 1111
Street Name: Sheepshead Bay
Street Suffix: Road
County: Kings
State: NY
Zip Code: 11229
Area Name: Sheepshead Bay
Parcel ID: 07397-0059
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2024-09-16
Sold Price: $2,400,000
Current Price: $2,400,000
Sub-Type: Triplex
Zoning: R4
Block: 07397
Lot: 0059
General Property Info
Stories: 3
Bedrooms: 10
Full Baths: 8
3/4 Baths: 3
Total Baths: 8
Year Built: 2003
Year Built Info: Approx
Taxes: 25472
Tax Abated: No
Lot Size SqFt: 5800
Lot Dim: 51.42x122.25
Irregular: No
Building SqFt: 5440
# Units: 3
Garage Capacity: 2
No. of Heating Units: 3
Air Conditioner: Units
Public Remarks: 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. Refrigerator, stove & chandelier in 1F & 1R apartment belongs to tenant.
Status Change Info
Pending Date: 2025-02-27
Sold Date: 2025-11-07
Sold Price: $2,400,000
Projected Close Date: 2025-05-27
Unit 1
Unit 1 - Rent/Month: 4200
Unit 1 - # Rooms: 10
Unit 1 - # Bedrooms: 4
Unit 1 - # Baths: 4
Unit 2
Unit 2 - # Rooms: 7
Unit 2 - # Bedrooms: 3
Unit 2 - # Baths: 2
Unit 3
Unit 3 - Rent/Month: 3000
Unit 3 - # Rooms: 7
Unit 3 - # Bedrooms: 3
Unit 3 - # Baths: 2
Appliances
Total # Ranges: 3
Property Features
Kitchen: Eat In
Electric Meters: Individual
Living Room: Separate
Gas Meters: Individual
Main Bath: Full Bath
Sewer: Public Sewer
Electric: 220
Basement: Finished; Full
Parking: Off Street
Garage Location: Detached
Siding: Brick
Extras: Cable
Heat Source: Electric; Natural Gas
Heat System: Hot Water
Property Condition: Excellent
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.