3129 Coney Island Avenue, Brooklyn, NY, 11235

Address

3129 Coney Island Avenue, Brooklyn, NY

Listing Type

Multi-Family

Price

$ 1,999,900

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Property Attributes

MLS#502927
TypeMulti-Family
Listing Status Active
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodBrighton Beach
Zip11235
StyleMulti-Family
Year Built1932
Taxes$ 12708
Price$ 1,999,900
Bedrooms0
Full Bathrooms4
Half Bathrooms0
Sqr Footage2160
Lot Size0.033058 Acres

Data Source:

Brooklyn MLS (BNYMLS)

Property Description

**SHOWINGS BY APPOINTMENT ONLY** Exceptional LEGAL 4 FAMILY investment opportunity in the heart of Brigton Beach. This fully renovated building offers the perfect combination of strong income potential, flexibility, and turnkey ownership. The property consists of four well-maintained residential units: one spacious two-bedroom apartment, two one-bedroom apartments, and one studio apartment. The entire building has been extensively renovated and brought up to code, allowing the next owner to step in without the need for additional capital improvements. All major systems and renovations have been completed (windows, bathrooms, kitchen, electrical) making this a true turnkey investment. The current tenants are on month-to-month leases with rents below current market value, providing an excellent opportunity for future income growth. Whether you're looking to maximize rental income over time or occupy one or more units, this property offers exceptional flexibility. The building can be delivered with the existing tenants in place for immediate cash flow or vacant, depending on the buyer's preference. Located in one of Brooklyn's most desirable neighborhoods, you'll enjoy close proximity to Brighton Beach, the boardwalk, public transportation, shopping, restaurants, schools, and all the conveniences the area has to offer. Whether you're an investor seeking long-term appreciation or an owner-occupant looking for additional rental income, this is a rare opportunity in a highly sought-after location. **All showings are by appointment only. All prospective buyers must provide a mortgage pre-approval letter or proof of funds prior to scheduling a viewing.**

Price History
7/10/2026	Listed $2,000,000
8/28/2026	1$1,999,900

General Features

Roof	Flat,Shingle
Zoning	R6
Electric	Other
Stories Count	2
Property Type	Residential
Block	8706
Lot Number	47
Yearly Taxes	12708.00
Transaction Type	Sale
Insurance Expense	2400.00
Utility Expense	240.00
Gross Expense	20300.00
Financing	Bank Mortgage,Cash
Building Type	Attached
Gross Income	79000
Status	Active
Fuel Expense	3360.00
Construction Materials	Brick
Cumulative Days on Market	75
MLS Area	Brighton Beach
Sub Type	Multi-Family
Year Built	1932
City	Brooklyn
Borough	Brooklyn
Residential Features	Dishwasher,Patio Garden,Stove,Washer
DOM	75
Sale Type	Arm's Length
# Families	4
Public Remarks	SHOWINGS BY APPOINTMENT ONLY Exceptional LEGAL 4 FAMILY investment opportunity in the heart of Brigton Beach. This fully renovated building offers the perfect combination of strong income pot

Interior Features

Heating Fuel	Gas
Flooring	Hardwood
Hot Water	Gas
Full Baths	4
Unit Count	4
Building Amenities	NONE
Sq Ft Total	2160
Basement Amenities	Finished,Full,Separate Entrance

Exterior Features

Exterior	Brick
Yard	Back
Foundation	Other
Lot Sq Ft	1440
Building Length	60.00
Building Width	18.00
Property Panorama YN	Yes
Lot Size Length	80
Lot Size Width	18