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32300304
32300305

3099 CONEY ISLAND AVE, BROOKLYN, NY 11235

DC
NY 31CH0928260
CENTURY 21 Homefront
Listed by CENTURY 21 Homefront
$1,899,000
35 days on market
Updated 11 days ago

3099 CONEY ISLAND AVE BROOKLYN NY 11235

Details
APN 08705-0012
Property Type Office
Sub Type Medical Office, Executive Office (+1)
Square Footage 3,705
Units 3
Cap Rate 6.00%
Year Built 1920
Stories 4
Lot Size (SqFt) 1,665
Zoning R6

3 story commercial building | ~4,000 sq ft

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.

Investment highlights

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.

Listing Contacts

DC
NY 31CH0928260
CENTURY 21 Homefront
Listed by CENTURY 21 Homefront

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Additional Information

Name
Delton Cheng
License
31CH0928260
Brokerage
Century 21 Homefront
Title
Real Estate Broker
Brokerage Address
3048 Nostrand Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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