3099 Coney Island Avenue Brooklyn, NY $ 1,999,000
3099 Coney Island Avenue
$ 1,999,000
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3099 Coney Island Avenue

Brooklyn, NY, 11235
$ 1,999,000
Bedrooms-- Baths-- Sq 3,705

Monthly Estimate*

$ 12,308

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Commercial Property for sale in Brooklyn, NY

for $1,999,000. This 3,705 square foot building was built in 1999 on a lot size of 0.038223.

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.

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Commercial Pending

Price

$ 1,999,000

Property Type

Commercial

Taxes

$ 23,345

Style

Commercial

Lot Size

0.038223

Year Built

1999

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

485178

Features
General
Equipment Included None
Ceiling Height 8-10 Foot
Roof Flat Rubber
current use Health Care
Zoning R6
Electric Circuit Breakers
Property Type Commercial
Block 8704
Yearly Taxes 23345.84
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Detached
Status Pending
Construction Materials Brick
Cumulative Days on Market 168
MLS Area Brighton Beach
Sub Type Commercial
Year Built 1999
City Brooklyn
DOM 168
Public Remarks 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
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Interior
Heating Fuel Gas
Walls Sheet Rock
Flooring Laminate Tile
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Exterior
Exterior Brick
Foundation Block
Parking Attrib 1 Space
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Century 21 Homefront Realty

Broker

(929) 620-9801

Phone

Affordability Calculator

$14,254
Per Month
86%
14%
0%
Monthly Principal & Interest
$12,308
Monthly Property Taxes
$1,945
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2024$1,999,000 Listed Price

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3099 Coney Island Avenue, Brooklyn, NY, 11235 is a Commercial Property for sale at $1,999,000 with 3,705 sqft and a lot size of 0.038223. 3099 Coney Island Avenue was built in 1999. The property's zip code is 11235 which is in Brooklyn, NY