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    1016 Avenue X Brooklyn, NY 11235

    For Sale
    $1,149,000

    Multi-Unit (2-4), Other,Walk-up - Brooklyn, NY

    Property size:
    2,580 SF
    Days on Market:
    16
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 1016 Avenue X

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    3
    Parking features
    Garage
    Basement Y/N
    1
    Size
    2,580 SF

    Utilities

    Heating system
    Baseboard, Natural Gas

    Building Details

    Year built
    1930
    Year renovated
    1930
    Floors in Building
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    REMAX REAL ESTATE PROFESSIONALS (718) 887-5708

    Listing agent Vito Angelo (718) 887-5708

    Listing date Nov 21, 2025

    MLS# 11556992 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multi-Family Home For Sale

    This well-maintained two-family home is located in Sheepshead Bay, Brooklyn. The property includes a full finished basement with a separate front entrance. Its Coney Island Avenue location provides convenient access to schools, shopping, and transportation. The property offers a spacious layout, low taxes, and rental income potential. The lot size is 0 acres and the property size is 2580 square feet. The zoning is 100. This property is located in a desirable neighborhood.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.959959
    Latitude
    40.591518

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    FAQs

    What type of property is this?
    Duplex - Sheepshead Bay two-family home with finished basement, great investment potential.
    Where is this duplex located?
    The property is located at 1016 Avenue X Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,149,000.
    What are key features of this property?
    This property features: - Excellent rental income potential from a 2-family home with a full finished basement and separate entrance.; - Prime Sheepshead Bay location near schools, shopping, and transportation.; - Spacious layout suitable for comfortable living or investment.
    (718) 887-5708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1016 Avenue X Brooklyn, NY 11235
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