1135 Coney Island Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11230- Flatbush-Ditmas Park
$1,999,999 USD
718-634-3134
1135 Coney Island Ave, Brooklyn, NY for Sale
$1,999,999 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 5% Cap Rate

1135 Coney Island Ave
Brooklyn, NY 11230
Flatbush-Ditmas Park


OVERVIEW

Prime mixed-use investment opportunity featuring a five-family residential building plus ground-floor storefront, zoned R6A / C2-4, with approximately 2,000 sq ft of unused air rights. The property is fully occupied with one vacant residential unit,(all current tenants paying in full and on time) offering immediate upside. The commercial storefront provides diversified income and added long-term value, while strong fair-market rent potential across the residential units enhances cash flow and appreciation. Ideally located in a high-demand area near transportation, shopping, and neighborhood amenities. A compelling asset for investors seeking stable income, value-add potential, and future development upside. Serious buyers only.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$590 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,000 SF

ZONING

R5

APN/PARCEL ID

06686-0054

ASK ABOUT THIS PROPERTY

Lisa JacksonRockaway PropertiesMore Info
718-634-3134

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Lisa JacksonRockaway PropertiesMore Info
718-634-3134

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.