2967 Coney Island Avenue Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
Property Features for 2967 Coney Island Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C8-1
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,280 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5244
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Flooring type
- Carpet, Concrete, Ceramic
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Javed Iqbal License #10311203437 (718) 287-5200
Listing office Kaloshi Real Estate Inc 915 Coney Island Ave, Brooklyn, NY (718) 287-5200
Listing date Oct 19, 2025
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Two‑family home with a full finished basement
- Brick construction
- Built in 1915
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.3k | $51.00 |
| − Vacancy | −$1.2k | −$0.97 |
| EGI | $64.0k | $50.03 |
| − OpEx | −$19.2k | −$15.01 |
| NOI | $44.8k | $35.02 |
