Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,275,000

Listed at $1,695,000 · Sold 24.8% below asking · Closed July 21, 2023

SOLD: 1319 Ave R #*
SOLD $1,275,000
Sold Single Family Residence

$1,275,000

$255 per sq ft

Listed at $1,695,000 $-420,000 vs asking

1319 Ave R #*

Sheepshead Bay, Brooklyn

MLS® #RLS10876742

RLS at REBNY

Listing by BOND New York

3

Bedrooms

2

Baths

5,000

Sq. Ft.

N/A

Year Built

Sale Details

Sale Price $1,275,000
Original List Price $1,695,000
Close Date July 21, 2023
vs. Asking Sold 24.8% below asking

Property Summary

Bedrooms 3
Bathrooms 2
Living Area 5,000 sq ft
Year Built N/A
Neighborhood Sheepshead Bay

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.

Property Details

Type Single Family Residence
Total Rooms 16
View City
Cooling Building Cooling, Central Air
Living Area 5,000 sq ft

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RLS at REBNY

Listing courtesy of Albert Safdie at BOND New York. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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