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1319 Avenue R Homecrest, NY 11229
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Key Details
Sold Price $1,275,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $231
MLS Listing ID 3463686
Style Two Story
Bedrooms 3
Full Baths 2
Year Built 1925
Annual Tax Amount $10,017
Lot Size 3,049 Sqft
Property Description
Welcome to 1319 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 a single family home *Owner occupied *Investment property - Projected Cap Rate 6% *Capitalize on rental income 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
Location
State NY
County Brooklyn
Zoning R5B
Interior
Heating Natural Gas, Forced Air, Hot Water
Cooling Central Air
Exterior
Garage Shared Driveway, Detached, 3 Car Detached, Parking Lot, Private, Storage
Garage Spaces 3.0
View Y/N Yes
View Open
Building
Lot Description Level, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Advanced Framing Technique, Aluminum Siding, Vinyl Siding
New Construction No
Schools
Elementary Schools Ps 251 Paerdegat
Middle Schools Jhs 234 Arthur W Cunningham
High Schools James Madison High School
School District Brooklyn 22
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Bought with Bond Property Mrkting Grp LLC