This fully renovated 6-family house features 5 spacious one-bedroom apartments and 1 cozy studio. Each unit has been thoughtfully updated, offering modern finishes and a comfortable living environment. The building boasts an upgraded roof, a freshly renovated full finished basement, upgraded plumbing and electric, and has been converted to gas for efficient energy use. Ideally located near the beach, boardwalk, and amusement park, this property is a great draw for tenants who value both entertainment and convenience. The building is also well-connected by public transportation, with access to subway lines D, F, N, and Q, along with several bus routes (B36, B64, B68, B74, B82), including express buses to Manhattan (X28, X38). A perfect investment for steady rental income in a rapidly developing neighborhood! This turnkey property is a must-see for investors looking for long-term value!
Great opportunity to own Mixed-use building in the Up-and-Coming Neighborhood in Brooklyn Coney Island. All apartments will be delivered vacant at closing. Building consists of one store plus four- families, all apartments need TLC. Great opportunity to renovate your luxury apartments. Select your own tenants, set up your ideal way for heating and hot water systems. Very Low Property Tax $6,916 yearly. Short distance to Coney Island Beach, Amusement Park famous Luna Park and much more...
Great opportunity to own t Mixed-use building in the Up-and-Coming Neighborhood in Brooklyn Coney Island. All apartments will be delivered vacant at closing. Each Building consist of one store plus four- families, all apartments need TLC. Great opportunity to renovate your luxury apartments. Select your own tenants, set up your ideal way for heating and hot water systems. Very Low Property Tax $8,399 yearly. Short distance to Coney Island Beach, Amusement Park famous Luna Park and much more...
This Five Family attached brick house has 5 two-bedroom apts. Net CAP Rate approximately of 6.5%. Gross income of $66,600 â?? Annual expenses of $26,961. There are NO rent-controlled or rent-stabilized apartments in the building. All apartments are rented long time ago and the rents have never increased. Tenants regularly pay rent month to month. The house has a big potential to increase the income. This property is located in a special zone district of Coney Island, zoned M1-2. The property is centrally located in the central hub of development zone, located just minutes from MCU Park, mass, transit, area beaches, iconic boardwalk and amusement Luna Park, and just off the Belt Parkway. Drive by only. On the pictures is current condition of the property. The house is sold As Is, occupied by tenants. Cash deal only. No mortgage contingency. The all apartments will be shown only after the offer to purchase is accepted by the seller.
2014 Construction. 5 family 3 stories house located in prime gated community (Seagate). minutes from the ocean, and to the beach club. Great opportunity for owner occupies and rental income. All tenants on month-to-month lease with on time payments. All apartments have split system units and outdoor space (3 balconies with ocean views and backyard), private driveway, laundry room, storage, bike room etc. Do not disturb tenants, showing by appointments only. Please submit your offer with proof of funds
6 Family in Prime Coney Island - R6 Zoning - 20 x 118 lot, building is 20 x 88 Call for Income & Expenses
Heart of Coney Island 6 Family Brick FOR SALE - AMAZING INVESTMENT OPPORTUNITY - Vacant & fully Gutted & cleaned out and left as a shell. LOT is 20 x 118.75, Building is wide & long 20 x 88, 3 stories, 499 Sq ft of Unused FAR. 5,280 Living Sq. ft., AS IS MUST BE AN ALL CASH SALE, No running water or any utilities, Buyer Must take it AS IS
This beautifully renovated Victorian home, located in the exclusive gated community of Seagate on Atlantic Ave, offers over 5100 square feet of living space and stunning ocean views. Boasting a spacious 90 x 100 lot, this property is perfect for a family seeking ample space near the beach or for those interested in four individual condo-like apartments. Currently configured as a 4 family residence with a newly issued C of O, the 1st floor features two separate apts, (1R) and (1L), with 2 and 3 bedrooms respectively. Each apt includes one or two bathrooms and ranges from 1004 to 1127 square feet. The 2nd and 3rd floors can be combined to create a duplex apartment with a separate entrance and almost 3500 square feet of living space. The second floor offers a floor-through apartment with four bedrooms, two bathrooms, a spacious living room, kitchen/dining area, W/D laundry room, and 10'-12' ceilings. Similarly, the third floor features a floor-through apartment with three bedrooms and two bathrooms. All apts have their own heating and cooling systems, with a total of 12 heating zones and 10 cooling zones. High-end renovations include radiant heated porcelain tile flooring, foam insulation, energy efficient heating and cooling systems, new windows, electric, plumbing, and a sprinkler system. The property also features a basement the size of the entire building, as well as a large private driveway offering parking for multiple cars. Whether as an investment opportunity or for a family seeking luxurious amenities, this property offers the perfect combination of space and convenience in a private, gated community by the beach. Commuting to Midtown Manhattan is effortless, with the X28/X38 express buses available from Neptune Avenue, and nearby subway stops offering D, F, Q, and N trains. With taxes amounting to $33,496 and Seagate Association dues of $32,000 annually, this home presents an incredible opportunity to embrace luxury living in a highly sought-after community.
Seize this exceptional investment opportunity in the thriving Coney Island neighborhood. This all-brick, mixed-use building features a ground-floor deli store (currently without a lease) and seven residential units. The property includes: Four 2-bedroom apartments Three 1-bedroom apartments Zoned R7A C2-4, this property offers significant development potential. Sold "as-is." A must-see for savvy investors!
Coney Island Brick 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. Current Monthly income $ 11,461.00 Yearly $ 137,532.00 Income Gross Expense $ 28,568.00 CURRENT CAP RATE 7% huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways & many apartments are modernize & updated! 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Actual Financials: current DHCR Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few minutes away -Near train, shopping off Neptune Avenue as well as the beach! Very well-maintained building with no violation! DHCR available - all tenant are CURRENT & pays on time
Explore an exceptional investment opportunity with this two-family mixed-use building nestled in the vibrant heart of Coney Island. This building measures 20x37 and sits on a 20x37 lot. Located in a high traffic intersection, this property offers a blend of commercial and residential space, ensuring a steady stream of rental income. Situated in prime Coney Island, tenants enjoy easy access to public transportation, renowned attractions, dining, and entertainment, enhancing the properties' desirability and rental potential. Don't miss out on the chance to capitalize on this lucrative investment in one of New York's most iconic destinations. Not to mention, This building can be sold as package deal with 1411 Neptune Ave. Call us today for a viewing appointment and make this yours before somebody else does!
Explore an exceptional investment opportunity with this two family building nestled in the vibrant heart of Coney Island. This building measures 20x38 and sits on a 20x44 lot. Located in a high traffic intersection, this property offers a great residential space, ensuring a steady stream of rental income. Situated in prime Coney Island, tenants enjoy easy access to public transportation, renowned attractions, dining, and entertainment, enhancing the properties' desirability and rental potential. Don't miss out on the chance to capitalize on this lucrative investment in one of New York's most iconic destinations. Not to mention, This building can be sold as package deal with 1415 Neptune Ave. Call us today for a viewing appointment and make this yours before somebody else does!
Home sweet home! This legal 2 family property features 5 bedroom, 2 full bath. 3 bedrooms over 2 with a potential 3rd bedroom on the 1st floor. Lots of potential for rent and primary residence. Great private backyard. Hardwood floors throughout. Gated community. Conveniently near all: school, shopping, and bus lines.
Welcome home to this stunning solid brick beauty. This Three-family house is located on a quiet street in a private gated beachfront community of Seagate. The property offers three spacious apartments. A three-bedroom two two-bath apartment with a balcony on the third floor, another three-bedroom two bath apartment with a balcony on the second floor, a large two-bedroom one bath apartment on the first floor as well as additional living space in the basement with a private entrance. The basement has upgraded insulation, thermal windows, a full bath, tiled floor. The house features hardwood floors, a sundeck, and a stunning backyard, the roof boilers and windows are in great condition, the 2 front balconies have an amazing view of Verrazano Bridge and New York Harbor. A very safe family-friendly neighborhood. Great for an end user or investor with an income potential of $130K per year in annual rent.
This Is An Amazing Opportunity To Own A 6 Multi-Family Rent Stabilized Property In The Gated Community Of Sea Gate. Building Has CO For a 6 To 7 Family Units. All Units Registered With The City. Optional Beach Club w/ Olympic Sized Swimming Pool. Located On The Atlantic Ocean! Steps To Coney Island, Boardwalk. Very Accessible To Public Transportation, D, F, N And Q Trains. B36, B64, B82 And The Express Bus To Manhattan And So Much More! Motivated Seller, Very Good Income, Stable And Sound Investment!!
2 Family Frame Home on a great location. House sits on a Development Site on Neptune Ave between West 15th St and Stillwell Ave. Lot Size 32x130, Building Size 22x38 with a great zoning R-6-C-8-1. Property is minutes away from the beach and all Coney Island has to offer with Shopping, Entertainment and an easy access to all transportation. This is a great opportunity for a developer or end user. All offers must be presented with pre-approval or proof of funds. WON'T LAST!!
Investment Opportunity Location, Location, Location! This property features a five-family building with two commercial spaces. Let's break it down: Residential Units: One Studio Apartment. Three Three-Bedroom Apartments. One Four-Bedroom Apartment. Proximity to Amenities: Conveniently located near transportation hubs. Within walking distance to the beach and an exciting amusement park. Other amenities are easily accessible. This property offers a blend of comfort, convenience, and potential. Don't miss out on this opportunity.
Fully detached beautiful 4 family house sitting on 60 x100 lot private drive for 5 cars.Seagate private community great location. SEAGATE DUES EVERY YEAR .CLOSE TO ALL AMENITIES -SUBWAY F-D-N-Q BUSES AND STORES, RESTAURANT.YOU have to see a truly great opportunity not to be missed.
Attention commercial investors, builders, and home buyers! Here's your chance to acquire a substantial residential property with boundless commercial potential in the vibrant enclave of Coney Island. This fully detached 2-family house, presents an unparalleled opportunity for lucrative investment or development. Features: Gut Renovated less than six years ago, this property underwent a gut renovation, ensuring modern comfort and functionality, followed by touch ups and cosmetic updates in 2024. Generous Space: 8 bedrooms and 4 baths offer ample room for various living and investment arrangements. Versatility: M1-2 zoning allows for diverse possibilities from manufacturing to retail. Income Potential: Currently generating income from rented garages, with substantial projected rents. Convenient Location: Close to the beach, boardwalk, and major highways, enhancing accessibility. Low Taxes: Benefit from very low taxes, maximizing profitability. Investment Potential: Explore residential and commercial ventures, from manufacturing to community facilities. Convert to manufacturing facilities, offices, retail outlets, or elevated parking. Consider a community facility such as a daycare, hotel, or hospital. Current Financial Snapshot: Total month rent roll: $8, 125/m Total monthly expenses: about $1,128/m (1000/month: taxes=420/m, insurance=208/m, gas=250/m, water=125/m) Net monthly profit: over $7,125/m Net annual profit: 85,500 (producing over 6.5% ROI) Contact: Seize this extraordinary opportunity to embark on a winning project. Call now to turn your vision into reality!
Nestled in one of the most sought-after neighborhoods, Coney Island. This newly renovated two-family home presents a rare opportunity for both homeowners and investors alike. Boasting a prime location, this property is conveniently situated close to an array of local amenities and attractions. This property sits on a 20x44 lot and measures 20x30. Offering a versatile layout, the property features a separate entrance to the first floor, second floor and basement, ensuring privacy and comfort for each resident. The first floor of this residence comprises a spacious and thoughtfully designed two-bedroom unit, providing ample room for comfortable living. The well-appointed kitchen is equipped with modern appliances, making it an inviting space for culinary endeavors and social gatherings. Natural light floods the living spaces, creating an inviting atmosphere that complements the warm and welcoming ambiance of the home. Ascending to the second floor, you'll find an equally inviting two-bedroom unit, complete with its own set of modern amenities and a layout that maximizes space and functionality. Convenience is further enhanced by the presence of front-side parking. Low property taxes. Will be delivered vacant at closing. Seller is motivated and ready to hear all qualified offers! Please submit all offers with pre-approval letter and proof of funds.
Detached legal 3-family CORNER HOUSE, IN PRIME GATED COMMUNITY, DET 2 CAR GARAGE, 3 BLKS FROM LIGHTHOUSE, 1/2 BK FROM WATER, VIEW OF VERRAZANO NY HARBOR. quiet private gated community, private beach, private park for kids, and private park. Total 4 levels, detached house. 3 separate heat and hot water boilers and 4 electric meters. Total 8 bedrooms and 6 bathrooms.1st Fl:3 bedrooms 2 full bathrooms. 2nd Fl: 3 bedrooms 2 full bathrooms. 3rd fl: 2 bedrooms 1 bath. basement: finished basement separated entrance.
The median home value in Brooklyn, NY is $677,200. This is lower than the county median home value of $756,900. The national median home value is $338,100. The average price of homes sold in Brooklyn, NY is $677,200. Approximately 30.01% of Brooklyn homes are owned, compared to 60.51% rented, while 9.48% are vacant. Brooklyn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Brooklyn real estate agent to arrange a tour today!
Brooklyn, New York 11224 has a population of 8,736,047. Brooklyn 11224 is less family-centric than the surrounding county with 27.43% of the households containing married families with children. The county average for households married with children is 28.9%.
The median household income in Brooklyn, New York 11224 is $70,663. The median household income for the surrounding county is $67,753 compared to the national median of $69,021. The median age of people living in Brooklyn 11224 is 37.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 46.6 inches per year, with 25.3 inches of snow per year.