1962 Coney Island Avenue
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.
Broker Details
B Square Realty (646) 889-9988
MLS ID: 169035 State License Number: 10311207854
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,998,000 |
| No. of Units: | 2 |
| Year Built: | 1931 |
| Opportunity Zone: | No |
| Price per unit: | $999,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-MLSLINY-1057380
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