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$1,999,000
Est. payment /mo
3,705 SqFt
Pending
3099 Coney Island AVE Brooklyn, NY 11235
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 3,705 sqft
Price per Sqft $539
MLS Listing ID 485178
Year Built 1999
Annual Tax Amount $23,345
Property Sub-Type Commercial
Property Description
Introducing a prime investment opportunity situated on a highly trafficked corridor in the vibrant heart of Brighton Beach. This impressive three-story building offers approximately 4,000 square feet of rentable space, strategically positioned along the bustling Coney Island Avenue for maximum visibility. Designed with flexibility in mind, the second and third floors are fully vacant, originally intended for medical office use but adaptable to a variety of purposes. The ground floor currently houses a doctor's office on a month-to-month lease, providing immediate income potential. With R6 zoning, there is an opportunity for vertical expansion, further enhancing the property's value. Each floor is equipped with its own central air system, ensuring comfort and convenience for future tenants or business operations. This property presents an excellent opportunity for both business and investment purposes, with a projected annual income of $140,000 and a minimum 6% cap rate. Don't miss the chance to secure this exceptional asset.
Location
State NY
County Kings (brooklyn)
Area Brighton Beach
Zoning R6
Rooms
Basement Finished, Full
Interior
Interior Features Elevator – Passenger
Heating Gas
Flooring Laminate, Tile
Equipment None
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat,Rubber
Present Use Health Care
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Century 21 Homefront Realty