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About This Home
This 0-bedroom, 0-bathroom single family at 3149 Coney Island Avenue in Brooklyn, NY is listed for $1,499,000 ($669 per sqft). Built in 1930, the home offers 2,240 sqft of living space on a 0.04 acres lot.
Mixed use building on a high traffic block in Brighton Beach. The entire building is under lease by the same restaurant operator for 30+ years. The restaurant occupies the first floor and basement, as well as the 2nd floor residential space that is currently used as storage and event space by the restaurant operator.
The current lease ends in January, 2028 and is available for review upon request. The tenant is current on the rent, but is presently receiving a preferential rent amount ($10,241/mo.) rather than the actual rent ($11,323). The 2027 rent amount will be $11,776 as per the lease agreement.
The lease also calls for the tenant to pay the entire NYC Property Tax, but the landlord has not yet enforced that provision. Can possibly be delivered vacant as well. This building is perfect for an owner/operator, or for the savvy investor who will surely recognize the significant upside potential of this situation. Listed Exclusively. Please do not approach the tenant.
Key Features
- Built in 1930
- 0.04 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$8,017/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3149 Coney Island Avenue
Brooklyn, NY 11235
Property Details
Flooring
Construction
Questions & Answers
This 0-bedroom, 0-bathroom single family at 3149 Coney Island Avenue is listed at $1,499,000 ($669/sqft). The estimated monthly payment is $6,496 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.04 acre lot, 2 stories.
This property is listed by Louis J. Calemine and can be reached at (718) 998-1100 or calemineandco@gmail.com.
