2803 Mermaid Ave - Apartments FOR SALE


Brooklyn, NY 11224- Coney Island
$1,799,000 USD
914-374-1896
2803 Mermaid Ave, Brooklyn, NY for Sale
$1,799,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

2803 Mermaid Ave
Brooklyn, NY 11224
Coney Island


HIGHLIGHTS

  • Significant development potential.

OVERVIEW

Seize this exceptional investment opportunity in the thriving Coney Island neighborhood. This all-brick, mixed-use building features a ground-floor deli store (currently without a lease) and seven residential units. The property includes: Four 2-bedroom apartments Three 1-bedroom apartments Zoned R7A C2-4, this property offers significant development potential. Sold "as-is." A must-see for savvy investors!

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

8

PRICE/UNIT

$224,875

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,004 SF

ZONING

R5,Brooklyn,(S9)

APN/PARCEL ID

07011-0044

ASK ABOUT THIS PROPERTY

Halyna ChyrvaEquity Essentials LLCMore Info
914-374-1896

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Halyna ChyrvaEquity Essentials LLCMore Info
914-374-1896

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