Address
1261 Coney Island Avenue, Brooklyn, NY
Price
$ 5,799,000
Property Attributes
- MLS#504208
- TypeCommercial
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodMidwood
- Zip11230
- StyleCommercial
- Year Built1923
- Taxes$ 54960
- Price$ 5,799,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5958
- Lot Size0.136777 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Welcome to 1261 CONEY ISLAND AVENUE, Brooklyn, NY 11230 located in Midwood! INVESTMENT POTENTIAL 1261 Coney Island Avenue presents a compelling opportunity to acquire a substantial 59.58’ × 100’ commercial property along one of Brooklyn’s established commercial corridors. With approximately 5,958 SF of land, an existing two-story commercial building, drive-in access and R5, C2-3 zoning, the property offers multiple potential investment strategies. A purchaser may consider continued commercial use, repositioning, renovation, expansion or future mixed-use development, subject to independent zoning analysis and all required NYC approvals. The combination of a sizable lot, commercial frontage, residential zoning and C2-3 commercial overlay makes this an attractive opportunity for investors seeking both immediate utility and long-term development potential. All information, including zoning, dimensions, square footage, development potential and permitted uses, is provided for informational and marketing purposes only and is subject to independent verification. Prospective purchasers should conduct their own due diligence with their architect, attorney, engineer and the appropriate New York City agencies. PROPERTY HIGHLIGHTS * Lot Dimensions: 59.58’ × 100’ - 5,958 SF * Existing Building: Approximately 6,600 SF * Retail / Commercial Space: Approximately 5,958 SF * Office Space: Approximately 500 SF * Ground-Floor Warehouse / Commercial Space/ Full Drive-In Gate * Excellent visibility and frontage along Coney Island Avenue ZONING & DEVELOPMENT OPPORTUNITY * Zoning: R5, C2-3 * Opportunity to evaluate mixed-use development, incorporating residential units with ground-floor commercial space * Potential for redevelopment or expansion of the existing property, subject to zoning regulations and NYC approvals * The 59.58’ × 100’ lot provides approximately 5,958 SF of land, creating a substantial development footprint along Coney Island Avenue
| Price History | |
|---|---|
| 9/1/2026 | Listed $5,799,000 |
General Features
| Equipment Included | None |
|---|---|
| Ceiling Height | 16-20 Foot |
| Roof | Flat |
| current use | Office,Other |
| Zoning | R5 |
| Electric | 110 V |
| Stories Count | 2 |
| Property Type | Commercial |
| Block | 6704 |
| Lot Number | 84 |
| Yearly Taxes | 54960.00 |
| Transaction Type | Sale |
| Financing | 1031 Exchange,Bank Mortgage,Cash,Lease/Purchase,Owner |
| Building Type | Attached |
| Status | Active |
| Construction Materials | Brick |
| Cumulative Days on Market | 15 |
| MLS Area | Midwood |
| Sub Type | Commercial |
| Year Built | 1923 |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 2 |
| DOM | 15 |
| Sale Type | Arm's Length |
| Public Remarks | Welcome to 1261 CONEY ISLAND AVENUE,Brooklyn,NY 11230 located in Midwood! INVESTMENT POTENTIAL 1261 Coney Island Avenue presents a compelling opportunity to acquire a substantial 59.58’ × 100’ |
Interior Features
| Walls | Block,Sheet Rock |
|---|---|
| Flooring | Tile |
| Sq Ft Total | 5958 |
| AC Units | 1 |
| Lavatories | 1 |
| Basement Amenities | Full |
| Commercial Features Exterior | Sign - Building,Storage Building |
| Commercial Features Interior | Employee Lounge,Employee Lunchroom |
Exterior Features
| Exterior | Brick |
|---|---|
| Potential Use | Investment,Office,Restaurant,Retail,Other |
| Foundation | Poured Concrete |
| Lot Sq Ft | 5958 |
| Loading Docks | Other |
| Building Length | 100.00 |
| Building Width | 59.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 59 |
| Parking Attrib | 3 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 Commercial Average in 11230
Price
Taxes
Year Built
Visits
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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