$7,500,000

2848 W 15th St Brooklyn, NY 11224

Coney Island Neighborhood

Estimated payment $40,334/month

Total Views 1,138
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 7,129 Sq Ft lot
  • 3-minute walk to Coney Island-Stillwell Avenue
  • Ceiling height of 10 feet or more
  • Tile Flooring

About This Home

This property is a Five (5)-story, Twenty (20) residential units and One (1) commercial unit, elevator building, with Ten (10) parking spaces. This property is located on West 15th St, between Neptune and Mermaid avenues in Coney Island.
The property benefits from the Affordable Housing Program and the New York 421A Thirty-Five (35)-year tax abatement program. Currently on year six (6) of thirty-five (35).
This building consists of Two (2) Studios / Nine (9) One-bedroom apartments / Nine (9) Two-bedroom apartments. One (1) commercial space that has a long-term physical therapy office as a tenant.
Minutes away from the beach & boardwalk, and Luna Park (Amusement Park) Lots of Shops, restaurants & salons within a short distance. Nearby parks include Seaside Park, Century Playground and Calvert Vaux Park.
The location of this property offers many transportation options, as the Coney Island / Stillwell Ave train station and bus depot are conveniently located only a short distance away, offering the D, F, N and Q trains. Along with the bus depot offering the B36, B64, B68, B74 and B82 buses. For more information, contact the listing agent.

Listing Agent

Thomas Gambino

Big Apple Realty Group Listed on: 07/30/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,500

Lot Details

  • 7,129 Sq Ft Lot
  • Lot Dimensions are 119 x 60

Parking

  • Parking Lot

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Plaster Walls

Interior Spaces

  • Ceiling height of 10 feet or more
  • Tile Flooring

Utilities

  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7022

Community Details

Overview

  • 20 Units
  • 5-Story Property

Building Details

  • Insurance Expense $15,812
  • Gross Income $560,696
  • Net Operating Income $512,246

Property Details

Property Type

Other

Est. Annual Taxes

$4,500

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under, Sign - Door
  • Commercial Features Interior: Fire Sprinkler, Handicap Design, Heated, Intercom, Lobby – Controlled Entry, Restrooms - Public, Security Alarm
  • Confirmed By M L S Y N: Yes
  • Cross Street: Neptune Ave
  • Heat Delivery: Other
  • Number Of Families: 20
  • Parking Attributes: Parking Area
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Building Stories: 5
  • Street Name I D X: 15th
  • Street Number I D X: 2848
  • Special Features: None
  • Stories: 5

Interior Features

  • Ceiling: 11-15 Foot
  • Flooring: Tile
  • Lot Sq Ft: 7129
  • Walls: Plaster

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 28
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Electric
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 119
  • Lot Size Width: 60

Multi Family

  • Annual Gross Expense: 59390.00
  • Annual Gross Income: 560696
  • Insurance Expense: 15812.00
  • Property Net Operating Income: 512246.00
  • Unit Count: 1

Tax Info

  • Flip Tax Amount: 4500.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/30/2025 07/30/25 For Sale $7,500,000 0.0% --
01/24/2024 01/24/24 Rented $1,800 0.0% --
12/20/2023 12/20/23 Price Changed $1,800 -5.3% $4 / Sq Ft
10/17/2023 10/17/23 For Rent $1,900 -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494574

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11224 Coney Island

2848 W 15th St, Brooklyn, NY

This home is located at 2848 W 15th St, Brooklyn, NY 11224 and is currently priced at $7,500,000. 2848 W 15th St is a home located in Kings County with nearby schools including P.S. 90 Edna Cohen School and I.S. 303 Herbert S. Eisenberg.

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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.

Nearby Homes
Listing Agent
Thomas Gambino
Section Image
Big Apple Realty Group
(929) 205-1467