2341 Coney Is Ave Brooklyn, NY 11223-5001
Property profile & analytics
2341 Coney Is Ave Brooklyn, NY 11223-5001
- Investment properties
- 4,508 SF
- 0.05 lot acres
Property ID
US63-5124513
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fenix Cucine LLC / Interior Design / Home Decor Store
Property Details for 2341 Coney Is Ave
- Year built
- 1928
- Lot size
- 0.05 lot acres
- Property size
- 4,508 SF
- Zone code
- R6A
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 07315-0171
- APU
- 73150171
Description
This exceptional commercial property, located at 2341 Coney Island Avenue in Brooklyn's desirable Homecrest neighborhood, presents a fantastic opportunity for a discerning business owner. Situated between Avenue U and Avenue T, this high-visibility storefront boasts a spacious 2,000 square foot main level, perfectly suited for a variety of retail ventures. Adding significant value is a fully finished 2,000 square foot basement, doubling the usable space and offering versatile options for storage, inventory, or even additional retail display. The property features central air conditioning and central heating, ensuring year-round comfort for both staff and customers. Tenants are responsible for utilities only, simplifying operational costs. The space is move-in ready, allowing for immediate occupancy and a swift start to your business operations. This prime location in Homecrest offers excellent foot traffic and visibility, making it an ideal spot to establish or expand your retail presence. The property's size and features make it suitable for a wide range of retail businesses, from boutiques and cafes to service providers and specialty stores. Don't miss this chance to secure a thriving commercial space in a vibrant Brooklyn neighborhood. This is a single-tenant property in Kings County.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,635,000
- ML approach
- $2,655,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,725,000
- 6.5%
- $2,520,000
- 7%
- $2,340,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,650,000
Market price range: $1.65M - $2.90M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,235,000 Current use
- AUTO REPAIR, GARAGE
- $3,580,000 Change: +60% Conversion: Difficult
- RETAIL STORES
- $3,470,000 Change: +55% Conversion: Easy
- OFFICE BUILDING
- $2,480,000 Change: +11% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,260,000 Change: +1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.961
- Latitude
- 40.5999
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$22,491
$18,120
$116,640
$134,760
-
$302,000
$1,944,000
$2,246,000
