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    Property profile & analytics
    FOR SALE
    Office Spaces

    3099 Coney Island Ave Brooklyn, NY 11235

    3,705 SF
    Entity Owned 10-yr Hold
    Property ID
    US63-5656227
    3099 Coney Island Ave, Brooklyn, NY 11235 For Sale 1 / 27
    $1,899,000 3,705 SF
    3099 Coney Island Ave, Brooklyn, NY 11235
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    Property summary
    AI-generated overview

    This three-story commercial office building at 3099 Coney Island Avenue, Brooklyn, NY 11235, offers 3,705 square feet of space on a 1,665 square foot lot. The building features three units, with the ground floor currently occupied by a doctor's office under a month-to-month lease, generating immediate income potential. The second and third floors are vacant, offering flexibility for various uses. Originally designed for medical offices, these upper floors boast 8-10 foot ceilings and individual central air systems. The R6 zoning allows for potential vertical expansion. The property is situated on a highly trafficked section of Coney Island Avenue, ensuring excellent visibility. This prime investment opportunity presents a projected annual income of $140,000 and a minimum 6% cap rate. The asking price is $1,999,000.

    Property profile
    Verified
    Property type Office Spaces
    Total area 3,705 SF
    UPID US63-5656227
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Soybelman Dora MD Physician
    • Pre Care Speech Language Pathology, PC. Physician
    • Law Offices of Irina Kushel Law Firm
    • B D Manual Rehab PC Medical Clinic
    • Dr. John H Spina Physician
    5 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    2 Brighton 10 Lane LLC · 10 yrs held
    2 Brighton 10 Lane LLC
    since 2016
    3 recorded transactions
    2019
    Price N/A
    2018
    Price N/A
    2016
    $490,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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