Address
2776 Coney Island Avenue, Brooklyn, NY
Price
$ 2,900,000
Property Attributes
  • MLS#487154
  • TypeMixed Use
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodSheepshead Bay
  • Zip11235
  • StyleMixed Use
  • Taxes$ 18293
  • Price$ 2,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4892
  • Lot Size0.057392 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Corner mix use building for Sale in prime Sheepshead Bay/Gravesend area. The opportunity consists of 4 residential units ( free market 2 x two bedrooms and 2 x one bedrooms) above 2 commercial ( retail and office) with full finished basement. The 4500 SF building sits on a 2500 SF irregular lot with C2-2/R5/OP zoning. The property is conveniently accessible via public transit with the Sheepshead Bay Rd train station B and Q Trains in short proximity. Sheepshead Bay has cemented itself in the New York City real estate market for its sound investment fundamentals, great accessibility & diverse cultural offerings. The property is 100% occupied with month-to-month leases (except retail). Current Net Operating Income is $156600 ( Projected $180600). This property has great upside potential!!!

Price History
10/31/2024 Listed $2,900,000

General Features

Net Operating Income 156000.00
Roof Asphalt/Tar,Flat
Zoning C2-2/R5/OP
Electric 110 V,200 Amp,220 V
Stories Count 3
Property Type Mixed Use
Block 7224
Cap Rate 0.05
Lot Number 30
Yearly Taxes 18293.00
Transaction Type Sale
Insurance Expense 4941.00
Gross Expense 79536.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Semi-Detached
Gross Income 183000
Status Active
Fuel Expense 4535.00
Construction Materials Block,Brick
Cumulative Days on Market 692
MLS Area Sheepshead Bay
Sub Type Mixed Use
City Brooklyn
Borough Brooklyn
Number Of Stores 2
DOM 692
Sale Type Arm's Length
# Families 4
Public Remarks Corner mix use building for Sale in prime Sheepshead Bay/Gravesend area. The opportunity consists of 4 residential units ( free market 2 x two bedrooms and 2 x one bedrooms) above 2 commercial ( reta

Interior Features

Heating Fuel Gas
Flooring Concrete,Hardwood,Laminate
Hot Water Gas
Unit Count 6
Sq Ft Total 4892
Lavatories 4+
Basement Amenities Finished,Full
Commercial Features Exterior Other
Commercial Features Interior Intercom,Kitchen,Living Space Available

Exterior Features

Exterior Brick
Yard Back
Foundation Poured Concrete
Lot Sq Ft 2500
Loading Docks None
Building Length 84.00
Building Width 21.00
Property Panorama YN Yes
Lot Size Length 105
Lot Size Width 21
Parking Attrib 2 Spaces

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 Mixed Use Average in 11235

Price
AVG $2.35M
$2.9M
Taxes
AVG $16,739
$18,293
Visits
AVG 73
176
Data Provided by Inside Real Estate®

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Listed By
Aliaksei A. (Alex) Palaukou with A P Services Inc
Fair Housing Icon NY Fair Housing Notice