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Listed price in listed location currency (USD).
$1,275,000
$1,695,000

323

MLS® L3463686

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 5500 sqft
Garage No
Taxes $10,017
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $308
MLS® Number L3463686

Property Address: 1319 Avenue R, Brooklyn, NY, 11229-2803

Average square foot calculated using Size range provided by listing agent.

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, Additional information: Appearance:good, Separate Hotwater Heater:yes
MLS® NumberL3463686
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1925
BasementFull, Partially Finished
DrivewayDetached, Driveway, Parking Lot, Private, Shared Driveway, Storage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

Aug 7, 2023End Date
$1,275,000Sold Price

Sold

Dec 3, 2024List Date
$1,695,000List Price
  • Commute

Commute

Starting Address
Destination Address
1319 Avenue R, Brooklyn, NY

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