$2,900,000

2776 Coney Island Ave Brooklyn, NY 11235

Gravesend Neighborhood

Estimated payment $17,295/month

Total Views 2,743
-- Bed
-- Bath
4,892 Sq Ft
$593 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Private Driveway
  • Handicap Accessible
  • Heating System Uses Steam
  • Back Yard

About This Home

Corner mix use building for Sale in prime Sheepshead Bay/Gravesend area. The opportunity consists of 4 residential units ( free market 2 x two bedrooms and 2 x one bedrooms) above 2 commercial ( retail and office) with full finished basement. The 4500 SF building sits on a 2500 SF irregular lot with C2-2/R5/OP zoning. The property is conveniently accessible via public transit with the Sheepshead Bay Rd train station B and Q Trains in short proximity. Sheepshead Bay has cemented itself in the New York City real estate market for its sound investment fundamentals, great accessibility & diverse cultural offerings. The property is 100% occupied with month-to-month leases (except retail). Current Net Operating Income is $156600 ( Projected $180600). This property has great upside potential!!!

Listing Agent

Aliaksei 'Alex' Palaukou

A P Services Inc Listed on: 10/31/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,293

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 105 x 21
  • Irregular Lot
  • Back Yard
  • Property is zoned C2-2/R5/OP

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,892 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Concrete

Parking

  • 2 Parking Spaces
  • Private Driveway

Accessible Home Design

  • Handicap Accessible

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7224

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $4,535
  • Insurance Expense $4,941
  • Gross Income $183,000
  • Net Operating Income $156,000

Property Details

Property Type

Other

Est. Annual Taxes

$18,293

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1764
  • Building Length: 84.00
  • Building Width: 21.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Intercom, Kitchen, Living Space Available
  • Confirmed By M L S Y N: Yes
  • Cross Street: Gerald Court
  • Cross Street Name2: Ave Y
  • Handicap Access Y N U: Yes
  • Heat Delivery: Baseboard, Steam/Radiator
  • Number Of Families: 4
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4892
  • Building Stories: 3
  • Street Name I D X: Coney Island
  • Street Number I D X: 2776
  • Waterfront Present: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Concrete, Hardwood, Laminate
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 30
  • Roof: Asphalt/Tar, Flat

Utilities

  • Electric: 110 V, 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4535.00

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 105
  • Lot Size Width: 21
  • Zoning: C2-2/R5/OP

Multi Family

  • Annual Gross Expense: 79536.00
  • Annual Gross Income: 183000
  • Insurance Expense: 4941.00
  • Property Net Operating Income: 156000.00
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 18293.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 For Sale $2,900,000 -- $593 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 487154

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11235 Gravesend

2776 Coney Island Ave, Brooklyn, NY

This home is located at 2776 Coney Island Ave, Brooklyn, NY 11235 and is currently priced at $2,900,000, approximately $592 per square foot. 2776 Coney Island Ave is a home located in Kings County with nearby schools including P.S. 209 Margaret Mead, P.S. K225 - The Eileen E. Zaglin School, and Abraham Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
Aliaksei 'Alex' Palaukou
Section Image
A P Services Inc
(929) 463-9822