2729 W 16TH ST, BROOKLYN, NY 11224 For Sale

Receiver Sale: 2729-2731 West 16th Street, Brooklyn, NY

Asking Price: $2,150,000

Property Snapshot:

• 2-story multifamily building and a 1-story warehouse located in Coney Island, Brooklyn, NY

• 2,228 sq ft multifamily building, consisting of 3 residential units

• 2,000 sq ft warehouse

• 60 ft of frontage along W 16th Street

• Redevelopment opportunity under existing M1-2 zoning, which permits a variety of commercial and industrial uses, with additional upside from potential future upzoning

• Situated two and a half blocks from Maimonides Park, Luna Park, and the boardwalk

• Short walk to the Coney Island-Stillwell Ave Subway Station (D, F , N, Q trains)

• Nearby retail and dining include: Home Depot, Food Bazaar, Totonno’s, Lone Star Gourmet Market, Milk & Honey Cafe, and Nathan’s Famous