$1,788,000
Updated 9 months ago
Off Market

1505 Gravesend Neck Road

Sheepshead Bay, Brooklyn | East 14th Street & East 15th Street

15 Rooms5 Beds4.5 Baths2,970 Square FeetMixed Use

$1,788,000
floors / apts3 / 2
Lot Size18'x70'3"
Built Size18'x55'
ZoneR4
Building TypeLow-Rise
RE Taxes$6,112
Price Per SF
$602

Property Description for 1505 Gravesend Neck Road

Versatile mixed-use property offering a blend of commercial and residential spaces: Perfect for investors seeking a balanced portfolio of rental income or for an owner looking to capitalize on a live-work space. First Floor: Established dental office with stable tenants and consistent foot traffic. Upper Floors: Two spacious 2-bedroom apartments, ideal for long-term tenants or owner occupancy. Basement: Fully finished, currently rented, providing additional space. Condition: Average condition throughout, offering an excellent opportunity for value-add improvements. Location: Conveniently situated in a desirable Homecrest area of Brooklyn, making it attractive to both residential and commercial tenants. Rent roll is about $9850 per month.

Listing History for 1505 Gravesend Neck Road

Now
11/15/2025
POM by Gennadiy Gershanovich
RE/MAX City Square
06/01/2025
$1,788,000 [-$100,000] [5.3%]
Price Drop by Gennadiy Gershanovich
RE/MAX City Square

Building Details for 1505 Gravesend Neck Road

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/2
Learn More About the Building

Contact Agents

Contact Agents

Gennadiy Gershanovich
RE/MAX City Square
Natalya Gershanovich
RE/MAX City Square
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: 97356TH