Investor-friendly building with subletting permitted from Day 1. Top floor with incredible view of Verrazano bridge. Spacious and bright junior 4 with 2 bedroom co-op in the heart of prime Sheepshead Bay! An excellent investment opportunity with the ability to start renting immediately after purchase. This well-maintained apartment offers a desirable layout with hardwood parquet floors, generous closet space, and a large living area perfect for everyday comfort. Kitchen is modern and windowed, providing plenty of natural light. Low monthly maintenance includes heat, gas, and water. The building features an elevator, laundry facilities, live-in staff, and access to the renowned Bath Club amenities, including an indoor pool, sauna, and steam room. Conveniently located just minutes from transportation, shopping, restaurants, and Avenue U. A rare chance to own in one of Sheepshead Bay’s most sought-after full-service buildings. This building has parking garage.
Condo (co-op)Property Type
$407Price/Sq.Ft.
Listing by Yelena Borisova• Remax Top Nest Real Estate
Homecrest, located between Coney Island Avenue and Ocean Parkway, is a residential and commercial New York neighborhood with low-rise brick apartments and a steady avenue retail scene. The neighborhood’s character concentrates around the bustle of Avenue U at Coney Island Avenue, where bakeries, produce markets, tea shops, and small restaurants keep sidewalks active. Tree-lined side streets mix attached homes with mid-century co-ops, giving the blocks a calm, orderly rhythm. Seth Low Playground and the Ocean Parkway greenway add open-air breathing room for walks and bike rides. Local pillars like Taci’s Beyti, Opera Cafe Lounge, and the Avenue U branch of the Brooklyn Public Library ground daily routines. The B and Q trains at Avenue U tie the area to the rest of Brooklyn and Manhattan.
Provided by Walk Score and Local Logic
Market insights
1075 Sheepshead Bay Rd Unit 7B · $387,000
DAYS ON MARKET
121 days
The average home goes pending in 64 days.
SALE-TO-LIST
98.8%
Most homes are selling 1% below list price.
LIST PRICE
$387,000
Median list price in this area is $866,001. (124% higher than this home)
PRICE DROP
3 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Dishwasher
Elevator
Microwave
Refrigerator
Stove
Bedrooms
Master bedroom on first floor with 9+ foot ceilings, double-door closets and hardwood floors
Second bedroom on first floor with 9+ foot ceilings and hardwood floors
Bathrooms
One full bathroom on first floor with tile floors
Kitchen
Granite counters
Tile floors
Pellet stove
Dishwasher
Microwave
Refrigerator
Stove
Laundry & utility
Card-operated laundry in building
Flooring
Hardwood floors
Tile floors
Heating & cooling
No central AC units reported
Exterior features
Recreational room in building
Handicap accessible
Home design
Residential unit on 7th floor
Parking
No parking details provided
Construction
950 total interior square footage
Utilities
Gas
Heat
Septic
Water
HOA & community
Monthly maintenance/coop fee of $898.40
Managed by Aras Properties
Pets are not allowed
Co-op shares: 1450.00
Financial info
Flip tax of $1,500
Financing options: exchange considered, bank mortgage, or cash
Unit is listed as available for sub-lease
Other
Building contains 70 units
Building phone/management contact available
Electricity and solar
View estimated energy costs and solar savings for this home