1962 Coney Island Avenue, Brooklyn, NY, 11223

Address

1962 Coney Island Avenue, Brooklyn, NY

Listing Type

Mixed Use

Price

$ 2,100,000

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Property Attributes

MLS#502124
TypeMixed Use
Listing Status Active
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodMidwood
Zip11223
StyleMixed Use
Year Built1931
Taxes$ 12613
Price$ 2,100,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage3300
Lot Size0.045914 Acres

Data Source:

Brooklyn MLS (BNYMLS)

Property Description

Rare Mixed-Use Opportunity! Fully gutted and renovated approximately 9 years ago, this income-producing property features a ground-floor restaurant with its own central heat and A/C, plus two spacious residential units above. The second floor offers 4 bedrooms and 1.5 baths, while the third floor features 3 bedrooms and 1 full bath. Separate gas boilers and water heaters. Low owner expenses—responsible only for property taxes, building insurance, and hallway electric. Zoned C8-2 with potential additional buildable square footage, offering future upside for investors and developers. Prime commercial location with excellent visibility and strong long-term potential. Won't last!

Price History
6/9/2026	Listed $2,100,000

General Features

Net Operating Income	86831.00
Roof	Flat
Zoning	C8-2
Electric	110 V,220 V,Circuit Breakers
Stories Count	3
Property Type	Mixed Use
Block	6642
Cap Rate	0.04
Lot Number	16
Yearly Taxes	12613.00
Transaction Type	Sale
Insurance Expense	6600.00
Utility Expense	600.00
Gross Expense	19813.00
Financing	1031 Exchange,Bank Mortgage,Cash
Building Type	Attached
Gross Income	106644
Status	Active
Fuel Expense	0.00
Construction Materials	Brick
Cumulative Days on Market	99
MLS Area	Midwood
Sub Type	Mixed Use
Year Built	1931
City	Brooklyn
Borough	Brooklyn
Number Of Stores	1
DOM	99
Sale Type	Arm's Length
# Families	2
Public Remarks	Rare Mixed-Use Opportunity! Fully gutted and renovated approximately 9 years ago,this income-producing property features a ground-floor restaurant with its own central heat and A/C,plus two spacious

Interior Features

Heating Fuel	Gas
Flooring	Hardwood,Tile
Hot Water	Gas
Unit Count	3
Sq Ft Total	3300
Lavatories	None
Basement Amenities	Full,Separate Entrance
Commercial Features Exterior	None
Commercial Features Interior	None

Exterior Features

Exterior	Brick
Yard	Back,Front
Foundation	Poured Concrete
Lot Sq Ft	2000
Loading Docks	None
Building Length	55.00
Building Width	20.00
Property Panorama YN	Yes
Lot Size Length	100
Lot Size Width	20