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Sold for $990,000 on 06/04/24
  • $990,000

    1188 Gravesend Neck Rd, Brooklyn, NY 11229

    --beds
    --sqft
    Mixed Use
    Built in 1920
    920 Square Feet Lot
    $1,395,500 Zestimate®
    $--/sqft
    $4,074 Estimated rent

    Home value

    $1,395,500

    $1.24M - $1.58M

    $4,074/mo

    Zestimate® history
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    $5,610/mo

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    What's special

    Prime corner location on Gravesend Neck Road in the Sheepshead Bay / Homecrest neighborhood of Brooklyn. Mixed use corner brick property, fully occupied with great income. First floor restaurant, Sushi Mikasa established in 2011 was recently renovated. The property has a full basement with 9’ ceilings and back yard. There are approved DOB plans to expand the seating area for the restaurant in the lower level/basement(24 seats). Second floor 2 bedroom, 1.5 bathroom apartment currently occupied, great rental income. The apartment was recently renovated with new flooring in 2023. The building has a separate heating unit for each level. The boiler was replaced in 2021, roof was replaced in 2021 with a new silicone coating and in 2020 the building was brick pointed and power washed. Busy residential and commercial area, neighbors include the police department (61st Precinct), all the businesses along Coney Island Ave and Gravesend Neck Road, short distance to the Neck Rd Q train.

    Zillow last checked: 8 hours ago

    Listing updated: June 05, 2024 at 08:38am

    Listed by:

    Ali Tom 718-414-7294,

    Bellmarc

    Source: BNYMLS,MLS#: 480301MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Natural Gas, Baseboard, Ductless/Split
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Finished,Full

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: Handicap Design
    Lot
    • Size: 920 sqft
    • Dimensions: 21x45
    • Features: Back Yard, Irregular Lot
    Details
    • Parcel number: 073970080
    • Zoning: R4
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Brick, Masonry
    • Foundation: Block, Stone
    • Roof: Rubber
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: 220 Volts, Circuit Breakers

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Brooklyn

    Price history

    DateEventPrice
    6/4/2024Sold$990,000-9.8%
    Source: BNYMLS #480301
    4/18/2024Pending sale$1,098,000
    Source: StreetEasy
    3/5/2024Listed for sale$1,098,000-0.2%
    Source: StreetEasy
    7/9/2023Listing removed--
    Source: BNYMLS #472999
    4/4/2023Listed for sale$1,100,000+0.1%
    Source: BNYMLS #472999

    Public tax history

    YearProperty taxesTax assessment
    2024$6,080 $79,140 +2.2%
    2023-- $77,460 +21.7%
    2022-- $63,660 +7.7%

    Find assessor info on the county website

    Neighborhood: Sheepshead Bay

    Nearby schools

    GreatSchools rating