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(917) 719-1715
WealthWise Realty
1962 Coney Island Avenue, Brooklyn, NY 11223
- $1,998,000
- 7
- BD
- 3
- BA
- List Price
- $1,998,000
- Status
- ACTIVE
- MLS#
- 1057380
- Year Built
- 1931
- Bedrooms
- 7
- Bathrooms
- 3
- Acres
- 0.05
Property Description
Mixed-Use Investment Opportunity | Commercial + Residential Income | Prime Brooklyn Location Excellent opportunity to own a well-maintained three-story mixed-use property located along the Coney Island Avenue commercial corridor in Brooklyn. This approximately 3,300 SF building features a ground-floor commercial space with two residential units above, providing multiple income streams and strong investment potential. The property offers a functional layout with spacious residential apartments and a commercial component suitable for long-term income generation. Fully renovated in 2018, the building features updated interiors, separate building systems, multiple electric meters, and separate gas meters, helping provide efficient ownership and management. With low operating expenses and tenants responsible for their own utilities, this property offers an attractive opportunity for investors seeking a stable mixed-use asset. Conveniently located near shopping, dining, public transportation, major roadways, and the Kings Highway B/Q subway station, offering excellent accessibility within Brooklyn. A rare opportunity to acquire an income-producing mixed-use property in a desirable Brooklyn location with commercial exposure, residential upside, and long-term value.
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Additional Information
- Taxes
- $12,768
- Lot Size
- 2,000
- Interior Features
- Other
- Heating
- Baseboard, Forced Air, Hot Water, Other
- Cooling System Type
- Central Air
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Full
- Elementary School
- Ps 238 Anne Sullivan
- Middle School
- Edward R Murrow High School
- High School
- Edward R Murrow High School
Mortgage Calculator
Listing courtesy of Listing Agent: Li Li (barbieli@bsquarerealty.com) from Listing Office: B Square Realty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.