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$1,275,000
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Property 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 1BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
Full Property Details
Full Property Details for 1319 Avenue R #*
General
- Sold For: $1,275,000
- Status: Closed
- Type: Single Family
- Source: REBNY
- MLS ID: RLS10876742
- Added to Site: 1, 095 day(s) ago
Interior
- Number of Rooms: 16
- Appliances: Dryer, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Location
- County: Kings
- Subdivision: Sheepshead Bay
- Cross Streets: E 14th St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Building Cooling, Central Air
Structural Information
- Stories/Levels: 0
- Square Feet: 5,000
- Living Area: 5,000 Sq. Ft.
- Property Condition: Good Condition
Lot Features
- Property View: City
Disclosures and Reports
- Block: 6796
Listing Courtesy of BOND New York
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Schools
Schools serving 1319 Avenue R #*
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 197 The Kings Highway Academy 1599 East 22nd Street, Brooklyn, NY 11210 | PK-5 | 0.6 mi |
Jhs 234 Arthur W Cunningham 1875 East 17th Street, Brooklyn, NY 11229 | 6-8 | 0.2 mi |
James Madison High School 3787 Bedford Avenue, Brooklyn, NY 11229 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1319 Avenue R #*
Date
Details
Price
Change
Source
7/21/2023
Sold
$1,275,000
-24.78%
MLS
3/10/2023
Listed
$1,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1319 Ave R #*, New York, NY 11229 (MLS# RLS10876742) is a Single Family property that was sold at $1,275,000 on July 21, 2023. Want to learn more about 1319 Ave R #*? Do you have questions about finding other Single Family real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

