New Listing
1962 Coney Island Avenue,Brooklyn, NY 11223
Brooklyn, NY 11223
Description
Mixed-Use Investment Opportunity | Commercial + Residential Income | Prime Brooklyn LocationExcellent 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.
Details
| MLS # | 1057380 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 1 |
| Listing Provided By | B Square Realty | Li Li |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,300 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.05 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Baseboard, Forced Air, Hot Water, Other |
| Interior Features | Other |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 12768.8 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11223 |
| School District | Edward R Murrow High School |
| Elementary School | Ps 238 Anne Sullivan |
| High School | Edward R Murrow High School |
| Listing VS Median (in 11223) | |
Price: $1,998,000 low | high Med: $1,665,000 sqft: 3,300 low | high Med: 3,076 $ / sqft: $605 low | high Med: $545 On site: 1 low | high Med: 94 | |
Market Activity 11223
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11223 |
| School District | Edward R Murrow High School |
| Elementary School | Ps 238 Anne Sullivan |
| High School | Edward R Murrow High School |
| Listing VS Median (in 11223) | |
Price: $1,998,000 low | high Med: $1,665,000 sqft: 3,300 low | high Med: 3,076 $ / sqft: $605 low | high Med: $545 On site: 1 low | high Med: 94 | |
