1188 Gravesend Neck Road

1188 Gravesend Neck Road

1188 Gravesend Neck Rd
Homecrest

$1,098,000
Price
2
Beds
1.5
Baths
2,560 Sq. Ft.
$429 / Sq. Ft.
2,560
Sq. Ft.
$429
per Sq. Ft.

Contract Signed

Contract Signed

Description

Prime corner location on Gravesend Neck Road in the Sheepshead Bay / Homecrest neighborhood of Brooklyn. Mixed use corner brick property, fully occupied with great income. First floor restaurant, Sushi Mikasa established in 2011 was recently renovated. The property has a full basement with 9’ ceilings and back yard. There are approved DOB plans to expand the seating area for the restaurant in the lower level/basement(24 seats). Second floor 2 bedroom, 1.5 bathroom apartment currently occupied, great...Prime corner location on Gravesend Neck Road in the Sheepshead Bay / Homecrest neighborhood of Brooklyn. Mixed use corner brick property, fully occupied with great income. First floor restaurant, Sushi Mikasa established in 2011 was recently renovated. The property has a full basement with 9’ ceilings and back yard. There are approved DOB plans to expand the seating area for the restaurant in the lower level/basement(24 seats). Second floor 2 bedroom, 1.5 bathroom apartment currently occupied, great rental income. The apartment was recently renovated with new flooring in 2023. The building has a separate heating unit for each level. The boiler was replaced in 2021, roof was replaced in 2021 with a new silicone coating and in 2020 the building was brick pointed and power washed. Busy residential and commercial area, neighbors include the police department (61st Precinct), all the businesses along Coney Island Ave and Gravesend Neck Road, short distance to the Neck Rd Q train.
  1. Listed by Ali Tom • Bellmarc

Amenities

  • Walk Up
  • Basement
  • Private Outdoor Space
  • Back Yard
  • Full Basement
  • Parking Included
  • Lowrise

Location

Listing Courtesy of Bellmarc
Add your commute
LISTING UPDATED: 04/19/2024 02:50 PM

Property Details for 1188 Gravesend Neck Road

StatusContract Signed
MLS ID480301
Days on Market46
Taxes-
Maintenance-
Min. Down Pymt-
Total Rooms7.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1920
Lot Size920 SF / 54' x 65'
CountyKings County

Building

1188 Gravesend Neck Rd

2 Units2 StoriesBuilt in 1920

Location

Listing Courtesy of Bellmarc
Add your commute

Building Information for 1188 Gravesend Neck Road

Stories2Residences2Year Built1920Lot Size920 SF / 54' x 65'Building Age-Building Type-

Payment Calculator

$5,992 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,992

Property Taxes

—

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1188 Gravesend Neck Road

Summary
Location and General Information
  • Block: 7397
  • Number Of Stories: 1
  • Cross Street Name: Sheepshead Bay Rd
  • Zoning: R4
  • Roof: Rubber
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash, Owner
Property
Lot Information
  • Yard: Back
  • Lot Number: 80
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 45
  • Lot Size Width: 21
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Baseboard, Ductless/Split
  • Heating Fuel: Gas
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full
  • Commercial Features Interior: Handicap Design
  • Foundation Details: Block, Stone
  • Flooring: Ceramic, Hardwood
  • Unit Count: 2
  • Lavatories: 4+
  • Construction Materials: Brick, Masonry
  • Electric: 220 V, Circuit Breakers
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Type: Semi-Detached
Unit 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 1.0
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Rooms Total: 4
Unit 2
  • Unit Baths Half: 2.0
  • Unit Category: Store
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 1188 Gravesend Neck Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1188 Gravesend Neck Road

Taxable ValueLand$11,580Additions$65,880Total$77,460
Home Facts
Total Finished SqFt2,560 SqFtLot Size910 SqFtYear Built1920ZoningR4APN3073970080

Schools near 1188 Gravesend Neck Road

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
P.S. 209 Margaret Mead
Public - PK to 8
William E Grady Career And Technical Education High School
Public - 9 to 12
P.S. 225 The Eileen E Zaglin
Public - PK to 8
I.S. 98 Bay Academy
Public - 6 to 8
Rating
School
Distance
P.S. 209 Margaret Mead
PublicPK to 8

William E Grady Career And Technical Education High School
Public9 to 12

P.S. 225 The Eileen E Zaglin
PublicPK to 8

I.S. 98 Bay Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Bellmarc

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