Updated 4 hours ago
Homecrest, Brooklyn | East 13th Street & East 14th Street
2,816 Square FeetMixed Use

floors / apts2 / 1
Lot Size30'x100'
Built Size22'x64'
Building TypeHouse
RE Taxes$10,268
Price Per SF

Property Description

Welcome to 1391 Avenue R, in the quaint Homecrest residential section of Southeast Brooklyn. Located on a well sought after corner with an abundance of public transportation, this mixed use property combines the convenience of urban life with the tranquility of suburban life.

The house, built in 1925, is on a 100 ft x 30 ft lot with private parking for 3 cars. The first floor features a recently remodeled medical office offering a unique turnkey opportunity to carry on the legacy of a successful 35 year old pediatric practice. A separate private entrance leads to a 4 bedroom 1 bath 1400 sf apartment. The residential space on the second floor is boasting 22 windows with plenty of direct sunlight. The residential apartment upstairs was totally renovated in 2017 with totally new and updated WiFi, cable system. electrical system with independent and isolated electrical panel on the second floor.

Bordering the property is the busy shopping Kings Highway corridor and Ocean Avenue with its eclectic choice of restaurants. Slightly further out is the gigantic Kings Plaza plaza mall featuring 150 shops and multiplex theaters, and all within a 20 minute car ride enjoy the most amazing beaches of Coney Island and Breezy Point natural preserve.

This property has many potential uses:

*Combine units for home
*Owner occupied
*Investment property - Projected Cap Rate 6%
*Capitalize on rental on a 35 years old successful pediatric doctor's practice.
This is once in a lifetime opportunity for a doctor to rent the first floor Turnkey from day 1

BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.

Listing History

Initial Price by Albert Safdie
Bond New York

Building Details

OwnershipMixed Use
Building TypeHouse
Year Built1925
Learn More About the Building

Transit and Citi Bike


Kings Hwy
0.2 miles
Avenue U
0.48 miles
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 90086TH