In contract

$1,799,000

1047 Gravesend Neck Rd, Brooklyn, NY 11229

5beds

2,510sqft

Multi Family

Built in 1965

-- sqft lot

$1,719,900 Zestimate^®

$717/sqft

$-- HOA

What's special

Private backyardPrivate drivePowder roomLaundry roomMaster bathLots of closet spaceEat-in kitchen

FOR SALE ● 1047 GRAVESEND NECK RD ● 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 with private drive. 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! ○ STEPS TO YDE! DELIVERED VACANT. *PROPERTY CHARACTERISTICS LOT SIZE: 32x78 (2569sf) *IRR BUILD: 20x42 (2510sf) ZONING: R4 FAR:1.80/.75 (OVERBUILT) 2025 TAXES: $8078 YEAR BUILT: 1965 CO: YES

49 days

365

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Appliances

Included: Dishwasher, Washer/Dryer
Laundry: Inside

Features

Flooring: Hardwood
Has fireplace: No

Interior area

Total structure area: 2,510
Total interior livable area: 2,510 sqft

Property

Features

Patio & porch: Other, Terrace
Exterior features: Courtyard, Balcony, Terrace
Has view: Yes
View description: City, Skyline

Details

Parcel number: 073720055
Special conditions: Resale

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1965

Community & HOA

Community

Subdivision: Homecrest

HOA

Has HOA: Yes
Amenities included: Laundry

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $717/sqft
Tax assessed value: $1,813,000
Annual tax amount: $8,088
Date on market: 7/6/2026

Estimated market value

$1,719,900

$1.63M - $1.81M

$3,484/mo

Price history

Date	Event	Price
8/17/2026	Contingent	$1,799,000$717/sqft
Source: StreetEasy #S1832592 Report a problem
8/17/2026	Pending sale	$1,799,000$717/sqft
Source: BNYMLS #502035 Report a problem
6/12/2026	Listed for sale	$1,799,000$717/sqft
Source: BNYMLS #502035 Report a problem

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