2271 East 19th Street, Brooklyn, NY 11229
SOLD on 4/29/26 for $842,000! Listed on 2/4/26 for $799,000. There is just no substitution for experience! Due to the very poor condition of this property, we knew right away that we would be forced to find an all-cash buyer. We know that no bank offers conventional financing for a property that doesn’t meet a “habitability” test. Lucky for our client, it didn’t take several price reductions, a bunch of wasted time, and some blown bank appraisals to learn the Facts of Real Estate. So, as usual, we immediately put together a custom, aggressive marketing campaign to put our client’s property in front of every ready, willing and able buyer out there. Along with aggressive pricing (in order to maintain leverage), that process included digging into our exclusive list of cash investors with whom we’ve done business with before. Well, we didn’t find our client just one buyer, we found many! And after a spirited bidding war, we were able to secure our client an amazing offer for well above asking, and without any contingencies! Of course we also had several similar backup offers to fall back on, just in case. That’s how we were able to ONCE AGAIN close out a listing and thereby maintain our 100% Success Rate of closing all of our listings regardless of any possible circumstances! Sheepshead Bay-Fully detached, legal 2-family home measuring 16’x54’ and sitting on an oversized 20’ x 126’ lot with generous R4 zoning! Possible roof raise, expansion, and/or redevelopment (check with your architect) if desired. There’s also a shared driveway that leads to the backyard and detached garage. Owned by the same family for generations, this is the first time that this home is hitting the market in 45 years! DELIVERED FULLY VACANT AT CLOSING. This home will not qualify for traditional financing, so there’s a great opportunity to add value for either a cash buyer or rehab loan mortgage buyer after some renovations. Located just steps away from some of the area’s best shopping and dining options, as well as all of the attractions that the area has to offer. It’s also only a 5 minute walk to the Gravesend Neck Road Q subway station, and a short walk to the Sheepshead Bay B/Q station. This of course is an “as-is” sale but all mechanicals and the roof are currently in working order. The potential for this property is truly amazing for both end-users as well as investors. Listed Exclusively with Calemine & Co. Real Estate. Drive-by viewings only. DO NOT ENTER THE BACKYARD. Proof of Funds required prior to interior visit. Call us directly with any questions or to schedule your private visit to this property. Listing status updated daily. NO COMMISSION PAID BY LISTING BROKER OR SELLER!
Details:
Bedrooms: 5
Bathrooms: 2
Property Type: 2-Family
Building Size: 16’ x 54’
Lot Size: 20’ x 126’
Zoning: R4
Financials:
Price: $799,000
Taxes: $7,713
Listed by:

