Sold301d on marketHistoric · 101 yrs
2948 Avenue R
Brooklyn, NY, 11229 • Sheepshead Bay • Kings County
$850,000
$500/sqft
2Beds
1Baths
1,700Sqft
1925Built
Property DNA
Character Home
Built 1925 · 101 years of history
Homecrest
Sheepshead Bay
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
301 days on market
Established listing
$500/sqft
Price per square foot
About this home
Single Family · Built 1925 · Historic
This mixed-use building in Sheepshead Bay/Marine Park is a great opportunity for investors or owners. The property features a retail space on the ground floor, currently used as a dry cleaner, which will be delivered vacant for you to use or rent out. Above it is a 2-bedroom, 1-bathroom residential unit with a living room and kitchen, perfect for living or additional rental income. There is a basement for additional storage. The property also includes a large backyard with space to park multiple cars—an added convenience. It’s located in a busy area near shops, restaurants, and several bus stops, including the B2, B31, B44, and BM4. The B and Q train station is just a few minutes' walk away, making it easy to get around. Building size 17x75 for the ground floor 17x40 for the upper level. Lot size 17x95. Don’t miss out on this great opportunity. Contact us today to schedule a viewing!
Estimated monthly payment
Based on current rates
$5,365/month
Principal & Interest$4,231
Property Tax$850
Insurance$283
Down payment20% ($170,000)
3%50%
Est. 6.35% rate · 30yr fixed · $680,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMixed Use
Year Built1925
ParkingNo Data
Property
Home typeSingle Family
Sub-typeMixed Use
Year built1925
Location & Tax
NeighborhoodSheepshead Bay
Annual tax$5,573
Parcel068360009
Bathrooms & Fees
Full baths1
Features & details
1 category of property features
Interior Features
Flooring
Hardwood
Listing insights
Market data and value estimates
StatusSold
Days on market301
Est. value$852,400
Est. rent$2,717/mo
Tax rate0.72%
Price/sqft$500
On marketJan 3, 2025
PostedJan 3, 2025
Last sold$850,000
MLS statusSold
MLS updatedJun 28, 2025
Tour days6
Views16
How are the schools in Brooklyn?
3 schools rated nearby
Location
Brooklyn, NY, 11229
Price history
4 events
DateEventPrice$/sqftSource
Jun 13, 2025Sold$850,000$500BNYMLS
Apr 18, 2025Contingent$899,000$529StreetEasy
Apr 18, 2025Pending Sale$899,000$529BNYMLS
Jan 3, 2025Listed For Sale$899,000$529BNYMLS
Sold$850,000
Jun 13, 2025•$500/sqft•BNYMLS
Contingent$899,000
Apr 18, 2025•$529/sqft•StreetEasy
Pending Sale$899,000
Apr 18, 2025•$529/sqft•BNYMLS
Listed For Sale$899,000
Jan 3, 2025•$529/sqft•BNYMLS
Tax history
11 years of records
YearTax paidAssessed value
Apr 11, 2024$5,573$50,820
Apr 11, 2023—$51,360
Apr 11, 2022—$44,940
Apr 11, 2021—$40,620
Apr 11, 2020$5,188$42,000
Apr 11, 2019$4,895$42,000
Apr 11, 2018$4,564$21,816
Apr 11, 2017$4,403$21,600
Apr 11, 2016$4,224$21,600
Apr 11, 2015$4,224$20,426
Apr 11, 2014$2,458$19,270
Nearby homes
Neighborhood details
Local context around this listing
Brooklyn, NY • Kings County
Nearby neighborhoods
AstoriaBedford-StuyvesantCrown HeightsEast New YorkFlushingHarlemUpper East SideUpper West SideWashington HeightsWilliamsburg
Nearby cities
New York
Nearby zip codes
10025104671120711208112141122611236113681137311385
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