Charles Brutten Real Estate
Listed by Charles Brutten Real Estate
$10,000,000
1201 CONEY ISLAND AVENUE BROOKLYN NY - Covered Land Play
Details
APN 3066950061
Property Type Retail, Industrial
Sub Type Auto Shop
Square Footage 10,900
Occupancy 100%
Tenancy Multi
Lease Type NN
Lease Expiration 05/31/2027
Remaining Term 1
Rent Bumps No
Lease Options None
Year Built 1925
Buildings 1
Stories 1
Lot Size (SqFt) 14,000
Zoning C8-2
Investment Type Redevelopment
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition N/A
Covered land play - Huge redevelopment parcel on prime Coney Island Avenue in Midwood, Brooklyn
Marketing description
See attached zoning report and drive by the property, then let's talk about the offer you are submitting.
Co-brokers will receive an equal split.
Investment highlights
C8-2 zoning. Redevelopment parcel with tenancies to cover until you're ready to build.
Highly sought-after location. First time available in many decades.
Tenants willing to extend, but current terms of both tenancies expire in just over one year. Tenants are NN.
140' frontage x 100' depth
Listing Contacts
Charles Brutten Real Estate
Listed by Charles Brutten Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
