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Sold
  • $2,055,000

    1318 Avenue U, Brooklyn, NY 11229

    7beds
    3,300sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $2,074,300 Zestimate®
    $623/sqft
    $2,745 Estimated rent

    Home value

    $2,074,300

    $1.91M - $2.26M

    $2,745/mo

    Zestimate® history
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    $2,745/mo

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    Rent Zestimate®

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    $12,316/mo

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    $12,316/mo

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    What's special

    Brick buildingResidential units
    Presenting this Mixed-Use brick building come with 1-Store plus 2-Family is located in the Avenue U Sheepshead Bay neighborhood. A great opportunity for a property investor . Three stories with two residential units situated above a spacious retail store. Both residential unit features 3 bedrooms, 1 bathroom, and large living rooms, This location offers easy access to a variety of amenities, including shops, restaurants, schools, and public transportation options (Q train, B3, and B68 buses). Annual property tax $9491. Store tenant pay 50% property tax. Endless potential and won't last !

    Zillow last checked:

    Listing updated:

    Listed by:

    Leo Tse,

    ProBase Real Estate

    Source: StreetEasy,MLS#: S1746637

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft

    Property

    Details
    • Parcel number: 073460008
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1927

    Community & HOA

    Community
    • Subdivision: Homecrest
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $623/sqft
    • Tax assessed value: $1,585,000
    • Annual tax amount: $9,628
    • Date on market: 12/13/2024

    Price history

    DateEventPrice
    7/8/2025Sold$2,055,000-1.7%$623/sqft
    Source: BNYMLS #488085 Report a problem
    4/1/2025Contingent$2,090,000$633/sqft
    Source: StreetEasy #S1746637 Report a problem
    4/1/2025Pending sale$2,090,000$633/sqft
    Source: BNYMLS #488085 Report a problem
    2/5/2025Price change$2,090,000-0.5%$633/sqft
    Source: BNYMLS #488085 Report a problem
    12/13/2024Listed for sale$2,100,000$636/sqft
    Source: StreetEasy #S1746637 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,628 +1.4%$95,100 +25.3%
    2024$9,491 $75,900 +13.1%
    2023-- $67,080 +8.4%
    2022-- $61,860 +7.2%
    2021-- $57,720 -14.8%
    2020$8,559 +2.7%$67,740 -5%
    2019$8,336 +7.3%$71,280 +91.9%
    2018$7,772 +3.8%$37,152 +1.2%
    2017$7,485 +7.2%$36,720 +2.8%
    2016$6,984 $35,716 +6%
    2015$6,984 +67.2%$33,696 +2.7%
    2014$4,178 $32,817
    Find assessor info on the county website

    Neighborhood: Sheepshead Bay

    Nearby schools

    GreatSchools rating