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1135 Coney Island Ave 3,390 SF 100% Leased Retail Building Brooklyn, NY 11230 $1,999,999 ($589.97/SF) 5% Cap Rate
Executive Summary
Prime mixed-use investment opportunity featuring a five-family residential building plus ground-floor storefront, zoned R6A / C2-4, with approximately 2,000 sq ft of unused air rights. The property is fully occupied with one vacant residential unit,(all current tenants paying in full and on time) offering immediate upside. The commercial storefront provides diversified income and added long-term value, while strong fair-market rent potential across the residential units enhances cash flow and appreciation. Ideally located in a high-demand area near transportation, shopping, and neighborhood amenities. A compelling asset for investors seeking stable income, value-add potential, and future development upside. Serious buyers only.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,390 SF
Building Class
C
Year Built
1931
Price
$1,999,999
Price Per SF
$589.97
Cap Rate
5%
NOI
$100,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.69
Lot Size
0.05 AC
Zoning
R5 - R6A C2-4
Frontage
45’ on Coney Island Ave
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06686-0054 | Improvements Assessment | $330,750 |
| Land Assessment | $8,100 | Total Assessment | $338,850 |
Property Taxes
Parcel Number
06686-0054
Land Assessment
$8,100
Improvements Assessment
$330,750
Total Assessment
$338,850
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1135 Coney Island Ave
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