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28698148
28698174

692 Coney Island Ave, Brooklyn, NY 11218

SB
NY 10311204539
Tri State Commercial
JS
Tri State Commercial
Listed by Tri State Commercial
$1,600,000
753 days on market
Updated 60 days ago

692 Coney Island Avenue

Details
Property Type Retail
Sub Type Street Retail
Square Footage 2,700
Units 3
NOI $46,800
Occupancy 66%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 7.20%
Pro-Forma NOI $115,200
Lot Size (SqFt) 1,640
Zoning C8-2

Building for Sale with Vacant Retail Opportunity

Marketing description

Introducing 692 Coney Island Avenue, a prime commercial property located in the heart of Brooklyn, NY. This newly-renovated 2,700 SF building offers a turnkey opportunity with a vanilla box space featuring an expansive glass frontage to showcase your business. Zoned C8-2, the property includes one commercial unit and two residential units, providing versatility for various investment opportunities. With its ideal location and modern updates, this property is perfectly poised to meet the needs of retail and street retail investors seeking a thriving space in the Brooklyn area.

Located in the Kensington neighborhood of Brooklyn between Avenue C & Cortelyou Rd near the Nearest Transit: The Q train at Cortelyou Rd and the B68, BM4, BM3, B103, BM1, BM2, & B35 bus lines. Nearby tenants include KFC, Mobil, 7-Eleven, Dunkin', Sycamore Bar + Flower Shop, Walgreens, Western Union, Early Childhood Development Center Kaleidoscope Inc, McDonald's, Wholesale Building Supply, Michael's Pharmacy, JALSA, Los Mariachis, Milk And Honey Cafe, and more!

Investment highlights

    • Prime Coney Island Ave
    • Newly renovated
    • 1 Commercial Unit - Vacant
    • 2 Residential Units
    • Building Class S2

    Listing Contacts

    SB
    NY 10311204539
    Tri State Commercial
    JS
    Tri State Commercial
    Listed by Tri State Commercial

    Valuation Calculator

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    $
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    %
    Loan Amount
    $0.00
    Annual Debt Service
    $--
    $--
    Annual Cash Flow
    $46,800.00
    $3,900.00/mo

    Valuation Metrics

    0
    DSCR
    2.93%
    Cap Rate
    2.93%
    ROI

    Map

    Zoning

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    C8-2 CommercialGeneral CommercialGeneral Service
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    View all 265 uses
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    Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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