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19675780
19675806

3099 Coney Island Avenue, Brooklyn, NY 11235

IY
$1,899,000
661 days on market
Updated 9 days ago

3099 Coney Island Avenue

Details
Property Type Office
Sub Type Traditional Office
Square Footage 3,705
Units 3
Lot Size (SqFt) 1,665
Ceiling Height 8-10 Foot

Office | 3,705 SqFt

Marketing description

Introducing a prime investment opportunity situated on a highly trafficked corridor in the vibrant heart of Brighton Beach. This impressive three-story building offers approximately 4,000 square feet of rentable space, strategically positioned along the bustling Coney Island Avenue for maximum visibility. Designed with flexibility in mind, the second and third floors are fully vacant, originally intended for medical office use but adaptable to a variety of purposes. The ground floor currently houses a doctor's office on a month-to-month lease, providing immediate income potential. With R6 zoning, there is an opportunity for vertical expansion, further enhancing the property's value. Each floor is equipped with its own central air system, ensuring comfort and convenience for future tenants or business operations. This property presents an excellent opportunity for both business and investment purposes, with a projected annual income of $140,000 and a minimum 6% cap rate. Don’t miss the chance to secure this exceptional asset.
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