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Sold
  • $1,960,000

    1215 Avenue U, Brooklyn, NY 11229

    6beds
    4,100sqft
    Mixed Use
    Built in 1928
    -- sqft lot
    $2,076,900 Zestimate®
    $478/sqft
    $4,488 Estimated rent

    Home value

    $2,076,900

    $1.72M - $2.47M

    $4,488/mo

    Zestimate® history
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    $4,488/mo

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    $11,829/mo

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    What's special

    Ground-floor commercial storefrontSpacious residential units
    Discover this well-maintained attached brick mixed-use building in Homecrest/Sheepshead Bay. This 3-story property features a ground-floor commercial storefront. Above the storefront are 2 spacious residential units, each offering 3 bedrooms and 1 bathroom, currently delivered vacant for immediate leasing or end-user occupancy. Building size 1st flr: 20x95, 2nd&3rd flr: 20x60. Lot size: 20x105. Tenants cover all utilities, making this a low-maintenance investment opportunity. The property is surrounded by a vibrant shopping district with a wide range of dining options, supermarkets, and specialty stores nearby. Convenient access to public transportation ensures strong foot traffic for the commercial space while providing easy commuting options for residents. The property is near the B3, B68, and B49 bus lines and close to the Q train, providing direct access to Manhattan and other parts of Brooklyn. Perfect for investors seeking a stable, income-producing property in a popular corridor with upside rental potential in the residential units.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Wu,

    Remax Edge

    Source: StreetEasy,MLS#: S1782672

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total structure area: 4,100
    • Total interior livable area: 4,100 sqft

    Property

    Details
    • Parcel number: 073160042
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Condition
    • Year built: 1928

    Community & HOA

    Community
    • Subdivision: Homecrest
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $478/sqft
    • Tax assessed value: $2,290,000
    • Annual tax amount: $10,537
    • Date on market: 7/23/2025

    Price history

    DateEventPrice
    1/20/2026Sold$1,960,000-6.1%$478/sqft
    Source: BNYMLS #494349 Report a problem
    10/16/2025Contingent$2,088,000$509/sqft
    Source: StreetEasy #S1782672 Report a problem
    10/16/2025Pending sale$2,088,000$509/sqft
    Source: BNYMLS #494349 Report a problem
    7/22/2025Listed for sale$2,088,000$509/sqft
    Source: BNYMLS #494349 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,537 +4.7%$137,400 +0.9%
    2024$10,062 $136,140 +13.2%
    2023-- $120,300 +27.4%
    2022-- $94,440 +12.6%
    2021-- $83,880 +7.2%
    2020$9,367 +6%$78,240
    2019$8,836 +7.3%$78,240 +98.7%
    2018$8,239 +3.8%$39,384 +1.1%
    2017$7,940 +4.3%$38,952
    2016$7,617 $38,952 +5.6%
    2015$7,617 +71.9%$36,876 +6%
    2014$4,432 $34,789
    Find assessor info on the county website

    Neighborhood: Sheepshead Bay

    Nearby schools

    GreatSchools rating