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Sold
  • $1,920,000

    1602 Avenue V, Brooklyn, NY 11229

    8beds
    3,880sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $1,924,700 Zestimate®
    $495/sqft
    $2,909 Estimated rent

    Home value

    $1,924,700

    $1.79M - $2.08M

    $2,909/mo

    Zestimate® history
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    What's special

    OCATION, LOCATION, LOCATION! An exceptional opportunity to own a fully detached 3-family corner property in the heart of Sheepshead Bay, ideally set on a unique irregular lot (4,400 sq ft) with a building size of 2,990 sq ft. Located just minutes from all the vibrant shopping, dining, and entertainment options along Avenue U, this home combines prime location with timeless appeal. The property has been completely renovated with luxurious interior finishes throughout and features 11 high-end ductless AC units, installed approximately four years ago for modern comfort. This expansive home spans three stories plus a fully finished basement, offering the following layout: First Floor: 3 generously sized bedrooms, a living room, kitchen, dining room, and a full bathroom. Second Floor: excellent 3 bedrooms, a living room, kitchen, dining room, and a full bathroom. Third floor: 2 spacious bedrooms, living room, a bathroom and kitchen. Basement: Fully finished with additional space, a full bathroom, and a laundry area Additional features include a double-car garage plus two private parking spaces, and separate heating and hot water systems for each unit—providing convenience and efficiency. Delivered fully vacant, MOVE-IN condition! This property is an ideal choice for homeowners or investors seeking high rental potential in one of Brooklyn’s most sought-after neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Hui Chen-Liang,

    Tiger Realty

    Source: StreetEasy,MLS#: S1782888

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Interior area
    • Total structure area: 3,880
    • Total interior livable area: 3,880 sqft

    Property

    Details
    • Parcel number: 073770001
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1910

    Community & HOA

    Community
    • Subdivision: Homecrest
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $495/sqft
    • Tax assessed value: $1,607,000
    • Annual tax amount: $9,854
    • Date on market: 7/25/2025

    Price history

    DateEventPrice
    2/3/2026Sold$1,920,000-4%$495/sqft
    Source: SIBOR #2601053 Report a problem
    10/15/2025Pending sale$1,999,900$515/sqft
    Source: BNYMLS #493750 Report a problem
    6/26/2025Listed for sale$1,999,900-2.4%$515/sqft
    Source: BNYMLS #493750 Report a problem
    5/22/2025Listing removed$2,050,000$528/sqft
    Source: BNYMLS #489111 Report a problem
    2/26/2025Price change$2,050,000+8%$528/sqft
    Source: BNYMLS #489111 Report a problem
    2/23/2025Price change$1,899,000-4.6%$489/sqft
    Source: BNYMLS #489111 Report a problem
    2/8/2025Listed for sale$1,990,000+505.2%$513/sqft
    Source: BNYMLS #489111 Report a problem
    4/3/2024Sold$328,825-66.6%$85/sqft
    Source: Public Record Report a problem
    6/15/2015Sold$985,000-22.7%$254/sqft
    Source: Public Record Report a problem
    9/5/2014Listing removed$1,275,000$329/sqft
    Source: EXIT Top Properties #385932 Report a problem
    7/16/2014Price change$1,275,000-1.9%$329/sqft
    Source: EXIT Top Properties #385932 Report a problem
    4/27/2014Listed for sale$1,300,000+58%$335/sqft
    Source: Exit Realty Solutions #1088358 Report a problem
    6/25/2012Sold$823,000$212/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,854 +4.7%$96,420 +10.8%
    2024$9,413 $87,060 -10.7%
    2023-- $97,440 -3.2%
    2022-- $100,680 +24.3%
    2021-- $81,000 +9.6%
    2020$8,759 +6%$73,920
    2019$8,267 +7.1%$73,920 +100.3%
    2018$7,720 +3.6%$36,903 +1%
    2017$7,450 +10.5%$36,547 +6%
    2016$6,743 $34,485
    2015$6,743 +62.2%$34,485 +6%
    2014$4,158 $32,546 +5.8%
    2013-- $30,753 +1%
    2012-- $30,456 +6%
    2011-- $28,738
    2010-- $28,738 +6%
    2009-- $27,122 +5.8%
    2008-- $25,628 +1%
    2007-- $25,380 +6%
    2006-- $23,949
    2005-- $23,949 +6%
    2004-- $22,602 +5.8%
    2003-- $21,357 +1%
    2002-- $21,150 +6%
    2001-- $19,958
    2000-- $19,958
    Find assessor info on the county website

    Neighborhood: Sheepshead Bay

    Nearby schools

    GreatSchools rating