PRIME - Homecrest / Sheepshead Bay close to House of Worship, Both private & public schools, mass transit shopping & MORE! Don't miss out on the opportunity to own this semi-detached brick 2-family property. The 1st floor features 2-bedroom apartment in good condition with 2 bedrooms, 1 bath, kitchen, and living room/dining room combination. The 2nd floor is an owner's duplex apartment an eat-in kitchen, balcony leading to a private backyard, laundry room, and powder room. On the 3rd floor, you will find 3 extra-large bedrooms, a master bath, and lots of closet space. Large basement with high ceilings. Private driveway. Centrally located. This income producing home is ready to be yours!
For sale
$1,799,000
1047 Gravesend Neck Rd, Brooklyn, NY 11229
5beds
2,520sqft
Multi Family
Built in 1965
-- sqft lot
$1,761,700 Zestimate®
$714/sqft
$-- HOA
What's special
Powder roomLaundry roomPrivate drivewayMaster bathLots of closet spaceEat-in kitchen
- 9 days |
- 565 |
- 18 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brooklyn Residential R E Serv 718-676-1755,
Kim Stavrach 917-806-3255
Source: BNYMLS,MLS#: 502035
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Natural Gas, Baseboard
Cooling
- A/C Unit, Wall Unit(s)
Appliances
- Included: Refrigerator, Stove, Gas Water Heater
- Laundry: Laundry Area
Features
- Flooring: Carpet, Hardwood, Tile
- Basement: Finished,Full
Interior area
- Total structure area: 2,520
- Total interior livable area: 2,520 sqft
Property
Parking
- Total spaces: 1
- Parking features: Private Drive, 1 Space
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Terrace
Lot
- Size: 2,569 Square Feet
- Dimensions: 32x78
- Features: Back Yard
Details
- Foundation area: 840
- Parcel number: 073720055
- Zoning: R4
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1965
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $714/sqft
- Tax assessed value: $1,813,000
- Annual tax amount: $8,078
- Date on market: 6/11/2026
- Cumulative days on market: 10 days
Estimated market value
$1,761,700
$1.67M - $1.85M
$3,178/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $1,799,000$714/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,178 -1.2% | $108,780 +26.6% |
| 2024 | $8,278 | $85,920 -12.8% |
| 2023 | -- | $98,580 -8.7% |
| 2022 | -- | $108,000 +24.3% |
| 2021 | -- | $86,880 +9% |
| 2020 | $6,974 +0% | $79,680 +25.8% |
| 2019 | $6,973 -2.2% | $63,360 +85.9% |
| 2018 | $7,130 +8.8% | $34,086 +6% |
| 2017 | $6,555 +16.5% | $32,157 +6% |
| 2016 | $5,629 | $30,337 +6% |
| 2015 | $5,629 +27.2% | $28,620 |
| 2014 | $4,425 | $28,620 |
| 2013 | -- | $28,620 -15.9% |
| 2012 | -- | $34,020 +2.2% |
| 2011 | -- | $33,300 -1.9% |
| 2010 | -- | $33,960 +1.3% |
| 2009 | -- | $33,523 +2.8% |
| 2008 | -- | $32,601 |
| 2007 | -- | $32,601 +4.8% |
| 2006 | -- | $31,104 +5% |
| 2005 | -- | $29,611 +6% |
| 2004 | -- | $27,936 +2.8% |
| 2003 | -- | $27,168 |
| 2002 | -- | $27,168 +4.8% |
| 2001 | -- | $25,920 +5% |
| 2000 | -- | $24,676 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Sheepshead Bay
Nearby schools
GreatSchools rating
- 4/10Ps 153 HomecrestGrades: PK-5Distance: 0.5 mi
- 8/10Ps 209 Margaret MeadGrades: K-8Distance: 0.6 mi
- 4/10William E Grady Career And Technical Education High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Kings County
- New York
- 11229
- Brooklyn
- Sheepshead Bay
- 1047 Gravesend Neck Rd



