1075 Sheepshead Bay Rd Unit 7M, Brooklyn, NY 11229
About this home
Rare, cozy, 3-room corner unit, on the top floor, with unobstructed westward views for afternoon sunshine and spectacular sunsets! This apartment can use some updating, but it’s priced accordingly and offers the next owner both incredible value and exciting potential. The unit is also able to be sublet right away making this a very interesting long-term investment as well. Resident shareholders are entitled to free membership and use of the famed Russian Baths & Indoor Pool, with direct access from the lobby, just opposite the elevators; Tenants are also welcome to become members for a fee. Common areas include secure mail/package room, laundry room, bike storage and indoor parking garage (waitlist). The location simply cannot be beat, with close proximity to the vibrant and diverse shops, restaurants and nightlife that Sheepshead Bay is known for. The Boardwalk, beaches, and Bay are all within a short distance. Transportation is easy with the Belt Parkway, Ocean Parkway, and two separate train stations (B & Q) all located within a few minutes from this building. Why pay rent when you can own this top floor, corner unit. with spectacular views? Live the dream now for less than the cost of rent, then rent it out in the future, or renovate and sublet it now for a positive cash flowing investment in this wonderful area! Call us with any questions or to schedule your visit. Listed exclusively. Listing status guaranteed to be accurate and updated daily.
Condo (co-op)Property Type
1966Year Built
$474Price/Sq.Ft.
Listing by Louis Calemine• Calemine & Co. Real Estate, LL
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 7M · $249,000
DAYS ON MARKET
7 days
The average home goes pending in 55 days.
SALE-TO-LIST
99.1%
Most homes are selling 1% below list price.
LIST PRICE
$249,000
Median list price in this area is $642,948. (158% higher than this home)
PRICE DROP
0 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
Interior features
Wall A/C unit
Elevator access
Pool
Secure lobby
Resident superintendent
Intercom door
Bike rooms
Card-operated laundry
Bedrooms
One bedroom on the first floor
Bathrooms
One full bathroom on the first floor
Kitchen
Galley kitchen with stove, refrigerator, microwave, and dishwasher
Laundry & utility
Card-operated laundry in building
Flooring
Ceramic floors
Hardwood floors
Heating & cooling
Gas heat
One A/C unit (wall)
Exterior features
Pool
Secure lobby
Landscaped grounds (implied by building amenities)
Home design
Detached building
Residential property
Unit located on the 7th floor
Parking
Parking wait-list
Security
Intercom door
Secure lobby
Construction
116-unit building
Utilities
Gas available
Heat included
Water available
HOA & community
Maintenance/COMMON fee of $615
Management by Aras Properties
Pets allowed (cats and dogs)
Co-op shares: 614
Financial info
Flip tax applies ($1,500)
Financing accepted: bank mortgage, cash, exchange considered
Down payment typically 20%
Other
Sub-lease allowed (sub-lease)
Building has on-site management (manager phone available)
Electricity and solar
View estimated energy costs and solar savings for this home