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    1261 Coney Island Ave Brooklyn, NY 11230

    For Lease
    $384 /Mo ($0.77 SF/Yr)

    6,000 SF, Single Tenant Available

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 6,000-square-foot property at 1261 Coney Island Avenue in Brooklyn, NY, 11230, presents a unique opportunity for a single tenant seeking both office and warehouse space. Located near the intersection of Coney Island Avenue and Avenue I, this building offers a versatile layout perfectly suited for businesses requiring a blend of executive office space and ample storage or production facilities. The property is zoned R5 and C2-3, allowing for a variety of permitted uses. The entire 6,000 square feet is currently vacant and immediately available, providing flexibility for tenant build-out and customization to meet specific operational needs. The single-tenant occupancy ensures privacy and control over the entire space. This prime Brooklyn location offers excellent accessibility, with convenient access to major transportation routes. The property's substantial size and flexible zoning make it an ideal choice for a range of businesses seeking a strategic location in a thriving New York City borough. Interested parties are encouraged to inquire for further details and to schedule a viewing of this exceptional commercial property. The property's address is 1261 Coney Island Ave, Brooklyn, NY 11230.

    Property Features for 1261 Coney Island Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    384

    Unit(s) available at that property

    Space
    Available space
    Size
    6,000 SF
    Rate per SF
    $384

    HighLights

    • 6,000 SF single‑tenant building available at 1261 Coney Island Ave, Brooklyn, NY 11230.
    • Ground floor warehouse space.
    • Full drive‑in gate.
    • Mezzanine office space.
    • Suitable for various industrial and specialty uses; R5 and C2‑3 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Raffer Storage Facility Storage Facility

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9652337
    Latitude
    40.6268952

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    FAQs

    What type of property is this?
    Distribution property - 6,000 SF, Single Tenant Available
    Where is this distribution property located?
    The property is located at 1261 Coney Island Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $384 /Mo.
    What are key features of this property?
    This property features: 6,000 SF single-tenant building available at 1261 Coney Island Ave, Brooklyn, NY 11230.; Ground floor warehouse space.; Full drive-in gate.
    Request Owner's contact information
    1261 Coney Island Ave Brooklyn, NY 11230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1261 Coney Island Ave Brooklyn, NY 11230
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