SOLD FOR $1,275,000
Listed at $1,695,000 · Sold 24.8% below asking · Closed July 21, 2023
1319 Ave R #*
MLS® #RLS10876742
Listing by BOND New York
3
Bedrooms
2
Baths
5,000
Sq. Ft.
N/A
Year Built
Quick Summary
Property Highlights
- Views: City
- Climate Control: Building Cooling, Central Air
Property Details
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.
Features & Amenities
Appliances
About Sheepshead Bay
View All Sheepshead Bay ListingsSheepshead Bay is a scenic waterfront neighborhood in Southern Brooklyn, famous for its fishing fleet, piers, and seafood restaurants. The area offers a unique maritime atmosphere with a relaxed, residential vibe. The real estate market features a mix of traditional multi-family brick houses, spacious pre-war cooperatives, and a growing number of modern luxury condominiums that offer stunning views of the bay and easy access to the beaches of Coney Island and Manhattan Beach.
Sheepshead Bay Live Market Data
View NeighborhoodActive Listings
20
Median Asking Price
$612K
Median $/Sqft
$506
Avg Days on Market
N/A
New This Week
0
Price Reduced
15%
Sold (30 Days)
0
Median Sale Price
$900K
Live data from RLS at REBNY • Updated 3/23/26, 9:28 AM EST
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of BOND New York - Albert Safdie
Listing Contact: (212) 584-4220
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.
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 1:28 PM UTC