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New York Brooklyn 11235 Brighton Beach
1114 Banner Avenue
Photo of 1114 Banner Avenue

19

Map

Photo of 1114 Banner Avenue
Photo of 1114 Banner Avenue
$739,000
● House - In Contract

1114 Banner Avenue

New York, NY 11235
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,584 Ft²
$4,010
Est. Monthly
7.96%
Cap Rate

About This Property

Sheepshead Bay- Fully detached one family with private parking for 3 cars on a large 32 x 70 lot on a private block in Sheepshead Bay. Huge eat in kitchen, dining room, 3 bedrooms and a large full bathroom. Separate entrance to a full basement with laundry room, heat and hot water area and a large recreation room. Great opportunity to build 6 stories high or your dream house on this R-6 zoning lot. Close to Emmons Avenue shopping, entertainment and restaurants. Close to Sheepshead Bay Road shopping and restaurants. Close to beaches and schools. This a chance to own a house on the best block in Sheepshead Bay Area. Near trains, buses and highways.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$467
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1920

Listed By

Lisa Pullini
[email protected]
Pullini Realty Corp.

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 months ago (OneKey MLS #KEY850397)

Price History

Date / Event Date Event Price
Mar 10, 2026 In contract -
In contract
Feb 17, 2026 Price Decreased $739,000
↓ $19K (2.5%)
Price Decreased
Nov 6, 2025 Price Decreased $758,000
↓ $17K (2.2%)
Price Decreased
Oct 15, 2025 Price Decreased $775,000
↓ $4K (0.5%)
Price Decreased
Jul 31, 2025 Relisted $779,000
Relisted
Show More

Property Highlights

Parking Details
Has Carport
Parking Features: Private
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Master Downstairs, Open Floorplan, Pantry, Storage, First Floor Bedroom, First Floor Full Bath, Primary Bathroom, Washer/Dryer Hookup
Appliances: Oven, Refrigerator
Flooring Type: Carpet, Ceramic Tile
Laundry Features: In Basement
Rooms: 6
Basement: Storage Space, Unfinished, Walk-Out Access
Exterior Details
Square Footage: 1584
Square Footage Source: $0
Property Condition: Actual
Architectural Style: Bungalow
Year Built: 1920
Building Area Total: 1687
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Area: 2246
Lot Size Units: Square Feet
Lot Size Acres: 0.0516
Lot Size Square Feet: 2246
Lot Size Dimensions: 32 X 70
Tax Lot: 0061
Water Source: Public
Financial Details
Tax Assessed Value: $64,680
Tax Annual Amount: $4,576
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1920
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 2,246
  • Lot Size Depth Feet: 70
  • Lot Size Frontage Feet: 32
  • Building Depth: 30
  • Building Frontage: 22
  • Gross Building Area: 1,584

    Building Floor Area

  • Residential Building Floor Area: 792

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: A2
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 315
  • City Council District: 48
  • Police Precinct: 61
  • Fire Company: L169
  • Health Area: 8721
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3C
  • School District: 21

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 8810
  • Lot: 61
  • Borough Block Lot: 3088100061

    Address

  • Full Address: 1114 Banner Avenue
  • Zip Code: 11235

Valuation

    Assessments Valuation

  • Assessed Total Value: $52,200
  • Assessed Land Value: $11,220

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southern Brooklyn

Stats & Trends

Median Asking:

$699,990

Sale Price/ft²

$558

Below Asking

0.02%

Average Days on Market

121

Average Home Size

1261 ft²

Average Home Age

65.7 years

Currently For Sale

178 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2478 East 11th Street, BROOKLYN, NY, 11235

$5,000 /mo

  • 2 Beds
  • 2 Baths
2478 East 11th Street #3A, BROOKLYN, NY, 11235 Listing by Marc Dawins Bathold
Unit for rent at 532 Neptune Avenue, BROOKLYN, NY, 11224

$5,275 /mo

  • 3 Beds
  • 1 Bath
532 Neptune Avenue #114C, BROOKLYN, NY, 11224 Listing by Adrian Almodoval

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 9 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1114 Banner Avenue built and last sold?
The property at 1114 Banner Avenue was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1114 Banner Avenue is $758,460.
What are some comparable homes to 1114 Banner Avenue?
There are currently no comparable homes to 1114 Banner Avenue.
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