1962 Coney Island Avenue, Brooklyn, NY 11223

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List Price
$1,998,000
Days on Market
11
MLS#
1057191
Status
ACTIVE
Property Type
Mixed Use
Year Built
1931
Property Tax
$12,768
School District
Brooklyn 21
High School
Edward R Murrow High School
Jr. High
Edward R Murrow High School
Elementary School
Ps 238 Anne Sullivan

Property Description

Mixed-Use Investment Opportunity | Commercial + Residential Income | Prime Brooklyn Location Excellent opportunity to own a well-maintained three-story mixed-use property located along the Coney Island Avenue commercial corridor in Brooklyn. This approximately 3,300 SF building features a ground-floor commercial space with two residential units above, providing multiple income streams and strong investment potential. The property offers a functional layout with spacious residential apartments and a commercial component suitable for long-term income generation. Fully renovated in 2018, the building features updated interiors, separate building systems, multiple electric meters, and separate gas meters, helping provide efficient ownership and management. With low operating expenses and tenants responsible for their own utilities, this property offers an attractive opportunity for investors seeking a stable mixed-use asset. Conveniently located near shopping, dining, public transportation, major roadways, and the Kings Highway B/Q subway station, offering excellent accessibility within Brooklyn. A rare opportunity to acquire an income-producing mixed-use property in a desirable Brooklyn location with commercial exposure, residential upside, and long-term value.

Additional Information

Acres
0.05
Basement
Full
Heating
Baseboard, Forced Air, Hot Water
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Li Li (barbieli@bsquarerealty.com) from Listing Office: B Square Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.