Address
3099 Coney Island Avenue, Brooklyn, NY
Price
$ 1,659,000
Property Attributes
  • MLS#485178
  • TypeCommercial
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBrighton Beach
  • Zip11235
  • StyleCommercial
  • Year Built1999
  • Taxes$ 23345
  • Price$ 1,659,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3705
  • Lot Size0.038223 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property 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.

Price History
8/15/2024 Listed $1,999,000
5/29/2026 6$1,899,000
7/20/2026 6$1,799,000
8/6/2026 8$1,659,000

General Features

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
Lot Number 10
Yearly Taxes 23345.84
Transaction Type Sale
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 763
MLS Area Brighton Beach
Sub Type Commercial
Year Built 1999
City Brooklyn
Borough Brooklyn
Number Of Stores 3
DOM 763
Sale Type Arm's Length
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

Interior Features

Heating Fuel Gas
Walls Sheet Rock
Flooring Laminate,Tile
Unit Count 3
Sq Ft Total 3705
Lavatories 4+
Basement Amenities Finished,Full
Commercial Features Exterior Fence - Full
Commercial Features Interior Elevator – Passenger

Exterior Features

Exterior Brick
Potential Use Health Care,Investment,Office
Foundation Block
Lot Sq Ft 1665
Loading Docks None
Building Length 42.00
Building Width 29.00
Property Panorama YN Yes
Lot Size Length 45
Lot Size Width 37
Parking Attrib 1 Space

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11235

Price
AVG $790K
$1.66M
Taxes
AVG $71,692
$23,345
Year Built
AVG 1964
1999
Visits
AVG 77
90
Data Provided by Inside Real Estate®

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Listed By
Igor Yakubinskiy with Century 21 Homefront Realty
Fair Housing Icon NY Fair Housing Notice