Retail Ground Lease
For Sale
Contact for pricing
Pending
2478-2486 Coney Island Avenue - Ground Lease, Brooklyn, NY 11223
Retail asset offered on a ground lease basis, with a stated 7.42% cap rate.
Property Size15,175 SF
Days on Market112
Property Features for 2478-2486 Coney Island Avenue - Ground Lease
General Information
Standard status
Pending
Size
15,175 SF
Property subtype
Retail
Additional Details
Cap Rate
7.42%
Listing Agency:
Cushman & Wakefield New York
(646) 827-9968
Listed By:
Jeffrey Shalom · License #NY 35SH0892380
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 30 at 4:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield New York
Investment Insights
Based on property information with market context.
This offering presents a retail property configured for a ground lease structure. The asset is described as a retail investment with a stated 7.42% cap rate, totaling 15,175 SF.
The property is located at 2478-2486 Coney Island Avenue in Brooklyn, NY 11223, and is being offered For Sale under a ground lease arrangement.
The property is located at 2478-2486 Coney Island Avenue in Brooklyn, NY 11223, and is being offered For Sale under a ground lease arrangement.
Key Highlights
- Retail asset offered on a ground lease basis
- Stated 7.42% cap rate
- 15,175 SF retail asset
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,946
Businesses Nearby
243k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Apparel 23%
Dining 18%
Electronics 4%
Marshalls
Apparel
55,799 visits/mo
0.4 miles
McDonald's
Dining
38,215 visits/mo
0.3 miles
Petco
Shops & Services
25,350 visits/mo
0.5 miles
7-Eleven
Shops & Services
23,268 visits/mo
0.4 miles
BP
Shops & Services
20,388 visits/mo
0.4 miles
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail asset offered on a ground lease basis, with a stated 7.42% cap rate.
Where is this retail space located?
The property is located at 2478-2486 Coney Island Avenue - Ground Lease Brooklyn, NY.
What are key features of this property?
This property features: Retail asset offered on a ground lease basis; Stated 7.42% cap rate; 15,175 SF retail asset
