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