About This Home

This 0-bedroom, 0-bathroom commercial at 1962 Coney Island Avenue in Brooklyn, NY is listed for $1,998,000. Built in 1931, on a 0.05 acres lot.

Key Features

  • Built in 1931
  • 0.05 acre lot
  • 3 stories

Property Details

3 stories
1931

Amenities

A/C
Listing Description

Mixed-Use Investment Opportunity | Commercial + Residential Income | Prime Brooklyn Location Excellent opportunity to own a well-maintained three-story mixed-use property located along the Coney Island Avenue commercial corridor in Brooklyn. This approximately 3,300 SF building features a ground-floor commercial space with two residential units above, providing multiple income streams and strong investment potential.

The property offers a functional layout with spacious residential apartments and a commercial component suitable for long-term income generation. Fully renovated in 2018, the building features updated interiors, separate building systems, multiple electric meters, and separate gas meters, helping provide efficient ownership and management.

With low operating expenses and tenants responsible for their own utilities, this property offers an attractive opportunity for investors seeking a stable mixed-use asset. Conveniently located near shopping, dining, public transportation, major roadways, and the Kings Highway B/Q subway station, offering excellent accessibility within Brooklyn. A rare opportunity to acquire an income-producing mixed-use property in a desirable Brooklyn location with commercial exposure, residential upside, and long-term value.

Monthly Cost Estimate

$10,686/mo

20% down · 6.5% · 30 years

Principal$1,445
Interest$8,658
Insurance$583

Estimates only. Actual payments may vary.

Location

1962 Coney Island Avenue

Brooklyn, NY 11223

Property Details

Construction

Brick

Heating

Hot Water(Heating)Forced AirBaseboard

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1962 Coney Island Avenue is listed at $1,998,000. The estimated monthly payment is $10,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.05 acre lot, 3 stories.

This property is listed by Li Li.

LL

Li Li

Agent at B Square Realty

Listed by B Square Realty · Broker phone: (347) 628-8818

MLS# 1057191· Source: OneKey MLS· 32 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1962 Coney Island Avenue, Brooklyn, NY 11223

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