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1899-1909 Coney Island
Brooklyn, New York 11230 United States

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Details for 1899-1909 Coney Island

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Price:
$8,499,000 
Annual taxes:
$35,002 
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Exterior:
8,000 Sq Ft.
Property Type:
Commercial
Web Id:
410841
MLS ID:
410841
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School District:
New York City Department Of Education
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About 1899-1909 Coney Island

Prime location in the heart of Midwood on Coney Island Ave near Kings Hwy. 2015 Construction. Package deal. 1899-1909 Coney Island Ave. Four Mixed Use buildings. 4 Commercial stores and 8 apartments. All tenants have 3% increases and pay own utilities. 80ft of frontage on Coney Island Ave. Zoned R7A. 15000 Sqft unused air rights. FAR 4. Total 32000 buildable. 4 commercial stores built 20x100x4=8000sqft. All apartments are 3 bedrooms with 2 full baths and outdoor space. Modern kitchens with granite counters, stainless steel appliances ( dishwasher, microwave, stove, 2 door fridge), washer and dryer hook up, split system in each room ( AC and Heat ), hardwood flooring. Current Net Operating Income is $456,000 per year. 5,3% Cap Rate at asking price. Submit your offers. Please note that each building can be also sold separately. 1899 Coney island Ave- $2,095,000, 1901 Coney Island Ave- $2,142,000, 1907 Coney Island Ave- $2,179,000, 1909 Coney Island Ave- $2,233,000

Listing Courtesy of GEO Real Estate Group Inc

Property Details

Stories: 
3

Exterior

Roofing: 
Flat

Additional Information

Price Per Sq. ft: 
17784
Taxes: 
35002.00
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347-560-4536
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