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About This Home

This 0-bedroom, 0-bathroom commercial at 3099 Coney Island Avenue in Brooklyn, NY is listed for $1,899,000 ($513 per sqft). Built in 1999, the home offers 3,705 sqft of living space on a 0.04 acres lot.

Agent 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.

Key Features

  • Built in 1999
  • 0.04 acre lot

Property Details

1999

Monthly Cost Estimate

$10,156/mo

20% down · 6.5% · 30 years

Principal$1,373
Interest$8,229
Insurance$554

Estimates only. Actual payments may vary.

Location

3099 Coney Island Avenue

Brooklyn, NY 11235

Property Details

Flooring

TileLaminate

Construction

Brick

Parking

Carport

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3099 Coney Island Avenue is listed at $1,899,000 ($513/sqft). The estimated monthly payment is $8,229 based on 20% down at 6.5% interest.

Key features include: Built in 1999, 0.04 acre lot.

This property is listed by Igor Yakubinskiy and can be reached at (718) 252-6060 or igor.y.realestate@gmail.com.

IY

Igor Yakubinskiy

Agent at Century 21 Homefront Realty

(718) 252-6060

Listed by Century 21 Homefront Realty

MLS# 485178· Source: listhub· Updated 656 days ago

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3099 Coney Island Avenue, Brooklyn, NY 11235

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