2776 Coney Island AVE Active

Brooklyn,NY 11235

$ 2900000

- Bed

- Bath

4892 SqFt


Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,892 sqft

Price per Sqft $592

MLS Listing ID 487154

Annual Tax Amount $18,293

Property Sub-Type Mixed Use

Property Description

Corner mix use building for Sale in prime Sheepshead Bay/Gravesend area. The opportunity consists of 4 residential units ( free market 2 x two bedrooms and 2 x one bedrooms) above 2 commercial ( retail and office) with full finished basement. The 4500 SF building sits on a 2500 SF irregular lot with C2-2/R5/OP zoning. The property is conveniently accessible via public transit with the Sheepshead Bay Rd train station B and Q Trains in short proximity. Sheepshead Bay has cemented itself in the New York City real estate market for its sound investment fundamentals, great accessibility & diverse cultural offerings. The property is 100% occupied with month-to-month leases (except retail). Current Net Operating Income is $156600 ( Projected $180600). This property has great upside potential!!!

Location

State NY

County Kings (brooklyn)

Area Sheepshead Bay

Zoning C2-2/R5/OP

Rooms

Basement Finished,Full

Interior

Interior Features Intercom,Kitchen,Living Space Available

Hot Water Gas

Heating Gas

Flooring Concrete,Hardwood,Laminate

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Asphalt/Tar,Flat

Handicap Access Yes

Building

Story 3

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

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