1962 Coney Island Avenue , Brooklyn, NY 11223

$1,998,000
  • 1962 Coney Island Avenue , Brooklyn, NY 11223 Main Photo

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Active
BEDS7 BATHS3 full MLS#1057380
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBrooklyn 21

Property Description

Mixed-Use Investment Opportunity | Commercial + Residential Income | Prime Brooklyn LocationExcellent 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.

1962 Coney Island Avenue | MLS# 1057380

This multi-family property located at 1962 Coney Island Avenue , Brooklyn, NY 11223 is currently listed for sale with an asking price of $1,998,000. Coney Island Avenue is located within the Brooklyn 21 school district. Search Brooklyn real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Baseboard, Forced Air, Hot Water, Other
Lot Size: 0.05 Acres
Taxes: $12,768
Year Built: 1931

Amenities

Other

Feature Descriptions

Building Area Total: 3300
Days on Site: 8
Exterior: Brick
On Market Date: 2026-10-01
Parcel Number: 06642-0016
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 4
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

High School: Edward R Murrow High School
Middle School: Edward R Murrow High School
Elementary School: Ps 238 Anne Sullivan
School District: Brooklyn 21

Listed By / Shown By

Listing By

Agency Name: B Square Realty
Agency Contact: 646-889-9988

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 6,093.43 per month $4,446.68 Principal & Interest $1,064.00 Property Tax $582.75 Homeowner's Insurance

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