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3099 Coney Island Avenue, Brooklyn, NY 11235
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$1,999,000
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Home Details for 3099 Coney Island Avenue
Price
$1,999,000
Type
Commercial/Industrial
Year Build
1999
Sq. Ft.
3705
Lot Size
0.04
County
Kings
Basement
Finished, Full
Tax
$23,345.84
MLS®️ Listing#
485178
On exitrealty.com
364 days
Property Description
Introducing a prime investment opportunity situated on a highly trafficked corridor in the vibrant heart of Brighton Beach. This impressive three-story building offers approximately 4,000 square feet of rentable space, strategically positioned along the bustling Coney Island Avenue for maximum visibility. Designed with flexibility in mind, the second and third floors are fully vacant, originally intended for medical office use but adaptable to a variety of purposes. The ground floor currently houses a doctor's office on a month-to-month lease, providing immediate income potential. With R6 zoning, there is an opportunity for vertical expansion, further enhancing the property's value. Each floor is equipped with its own central air system, ensuring comfort and convenience for future tenants or business operations. This property presents an excellent opportunity for both business and investment purposes, with a projected annual income of $140,000 and a minimum 6% cap rate. Don’t miss the chance to secure this exceptional asset.
- Basement
- Finished
- Full
- Heating Information
- Natural Gas
- House Interior
- Elevator
Listing Courtesy: Century 21 Homefront Realty - 718-252-6060
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Brooklyn MLS. All Rights Reserved.
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Last Updated: 2025-03-27 22:48:28
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$1,999,000
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EXIT REALTY PROFESSIONALS
6203 18th Ave, Brooklyn, NY 11204