1733 Coney Island Avenue Brooklyn, NY 11230

Address: 1733 Coney Island Ave, Brooklyn, NY 11230, USA, Brooklyn, New York, US

New York & Tri-State + 2-4 Units

Created date: November 9, 2023

Date last updated: November 9, 2023

Redevelopment Opportunity on Major Retail Corridor

Surrounded by Countless Shops & Eateries, Local & National

Approved Plans In-Place

Property Description

GFI Realty is pleased to present the offering of 1733 Coney Island Avenue, a vacant two-story commercial building totaling 2,200 square feet located in the Midwood section of Brooklyn. The building is configured as retail on the ground level and office space on the second floor. There are approximately 4,192 square-feet of air rights available and approved plans in-place to construct seven one-bedroom apartments (two-bed flex) and ground floor commercial space. The ground floor will have 24' ceiling heights allowing for that level to be divided into mezzanine/office totaling 1,200 SF and a retail space totaling 1,600 SF. The asset is situated on a major commercial corridor surrounded by numerous local shops and eateries and is within blocks of the B-Q subway lines. The property is ideally suited for an investor as well as end user.

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Broker Details

Traci-lea Dixon

Key Property Information

Listing Status:	Available
Multifamily type:	2-4 Units
Price:	$1,895,000
No. of Units:	7
Year Built:	1931
Building Size:	2,200 Sq ft
Lot Size:	1,600.00 Sq ft
No. of Stories:	2
Opportunity Zone:	No
Price per unit:	$270,714