$10,000 Closing Credit¹
#482043, Listing Office: Century 21 Realty First
Property details
About 1111 Sheepshead Bay Rd
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 3 family property. 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 feels 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 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
Highlights
Home typeMulti Family
HeatingBaseboard, Electric, Natural Gas
StatusActive
CoolingWall Unit(s), Window Unit(s)
BasementYes
Parking5 Spaces, Private Drive
MLS #485984
Garage5 spaces
FireplaceStove
Summary
- MLS Number: 485984
- Office Name: DiTommaso Real Estate
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Last updated on: 2/6/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,650,000
1111 Sheepshead Bay Rd
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $167,940 | $25,871 |
| 2023 | $171,120 | $25,191 |
| 2021 | $133,560 | $50,763 |
| 2019 | $135,000 | $19,820 |
| 2018 | $104,520 | $6,849 |
| 2017 | $115,740 | $1,684 |
History based on county public records data.
Nearby schools
8
P.S. 254 Dag Hammarskjold School
Public District KG-5
0.4 mi
•1801 Avenue Y
6
P.S. 153 Homecrest
Public District PK-5
0.6 mi
•1970 Homecrest Ave
6
P.S. 216 Arturo Toscanini School
Public District PK-5
0.7 mi
•350 Avenue X
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,697. Most Brooklyn, NY residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
37%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
6%
Single, with Kids
26%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Men's Tennis
Live Theatre
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Boston Market
What do the neighbors drive?
Audi
Volvo
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1111 Sheepshead Bay Rd in Brooklyn, NY and zip code 11229 in the Homecrest neighborhood. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $2,650,000.
In January 2025, from all listings sold in Brooklyn, NY there were more than 31 sold above asking price, over 154 sold below and more than 254 were sold right at the asked price. Between December and January 2025, Brooklyn, NY real estate market has seen decrease in the number of listings by 4.4%. While the average time on the market in January 2025 was 93 days, the median list price was $991,265.
From Rocket Homes Real Estate and based on county public records data.