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1261 Coney Island Ave 15,000 SF 100% Leased Industrial Building Brooklyn, NY 11230 $5,799,000 ($386.60/SF)
Investment Highlights
- High Ceilings
- Heavy Foot Traffic
- Investment Opportunity
- Midwood
- Warehouse
- Residential or Mixed Use
Executive Summary
WELCOME TO 1261 CONEY ISLAND AVENUE Brooklyn, NY 11230 in MIDWOOD
PROPERTY HIGHLIGHTS
* Lot Dimensions: 59.58’ × 100’
* Lot Area: Approximately 5,958 SF
* Existing Building: Approximately 5,958 SF
* Retail / Commercial Space: Approximately 5,958 SF
* Office Space: Approximately 500 SF
* Existing Building: 2 Stories
* Full Drive-In Gate
* Ground-Floor Warehouse / Commercial Space
* Excellent visibility and frontage along Coney Island Avenue
ZONING & DEVELOPMENT OPPORTUNITY
* Zoning: R5/ C2-3
* Commercial Overlay: C2-3
* Residential & Commercial Development Potential
* Opportunity to evaluate mixed-use development, incorporating residential units with ground-floor commercial space
* Potential for redevelopment or expansion of the existing property, subject to zoning regulations and NYC approvals
* The 59.58’ × 100’ lot provides approximately 5,958 SF of land, creating a substantial development footprint along Coney Island Avenue
* Excellent opportunity for a developer, investor, owner-user, or value-add purchaser
INVESTMENT POTENTIAL
1261 Coney Island Avenue presents a compelling opportunity to acquire a substantial 59.58’ × 100’ commercial property along one of Brooklyn’s established commercial corridors.
With approximately 5,958 SF of land, an existing two-story commercial building, drive-in access and R5 / C2-3 zoning, the property offers multiple potential investment strategies. A purchaser may consider continued commercial use, repositioning, renovation, expansion or future mixed-use development, subject to independent zoning analysis and all required NYC approvals.
The combination of a sizable lot, commercial frontage, residential zoning and C2-3 commercial overlay makes this an attractive opportunity for investors seeking both immediate utility and long-term development potential.
All information, including zoning, dimensions, square footage, development potential and permitted uses, is provided for informational and marketing purposes only and is subject to independent verification. Prospective purchasers should conduct their own due diligence with their architect, attorney, engineer and the appropriate New York City agencies.
PROPERTY HIGHLIGHTS
* Lot Dimensions: 59.58’ × 100’
* Lot Area: Approximately 5,958 SF
* Existing Building: Approximately 5,958 SF
* Retail / Commercial Space: Approximately 5,958 SF
* Office Space: Approximately 500 SF
* Existing Building: 2 Stories
* Full Drive-In Gate
* Ground-Floor Warehouse / Commercial Space
* Excellent visibility and frontage along Coney Island Avenue
ZONING & DEVELOPMENT OPPORTUNITY
* Zoning: R5/ C2-3
* Commercial Overlay: C2-3
* Residential & Commercial Development Potential
* Opportunity to evaluate mixed-use development, incorporating residential units with ground-floor commercial space
* Potential for redevelopment or expansion of the existing property, subject to zoning regulations and NYC approvals
* The 59.58’ × 100’ lot provides approximately 5,958 SF of land, creating a substantial development footprint along Coney Island Avenue
* Excellent opportunity for a developer, investor, owner-user, or value-add purchaser
INVESTMENT POTENTIAL
1261 Coney Island Avenue presents a compelling opportunity to acquire a substantial 59.58’ × 100’ commercial property along one of Brooklyn’s established commercial corridors.
With approximately 5,958 SF of land, an existing two-story commercial building, drive-in access and R5 / C2-3 zoning, the property offers multiple potential investment strategies. A purchaser may consider continued commercial use, repositioning, renovation, expansion or future mixed-use development, subject to independent zoning analysis and all required NYC approvals.
The combination of a sizable lot, commercial frontage, residential zoning and C2-3 commercial overlay makes this an attractive opportunity for investors seeking both immediate utility and long-term development potential.
All information, including zoning, dimensions, square footage, development potential and permitted uses, is provided for informational and marketing purposes only and is subject to independent verification. Prospective purchasers should conduct their own due diligence with their architect, attorney, engineer and the appropriate New York City agencies.
Property Facts
Amenities
- Signage
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Ground Floor Warehouse Full Drive-In Gate Mezzanine Office Space Ideal For All Industrial & Specialty Uses
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 6,000 SF | Flex | Shell Space | 30 Days |
1st Floor
| Size |
| 6,000 SF |
| Space Use |
| Flex |
| Build-Out |
| Shell Space |
| Available |
| 30 Days |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 6,000 SF |
| Space Use | Flex |
| Build-Out | Shell Space |
| Available | 30 Days |
Ground Floor Warehouse Full Drive-In Gate Mezzanine Office Space Ideal For All Industrial & Specialty Uses
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06704-0084 | Improvements Assessment | $424,350 |
| Land Assessment | $105,750 | Total Assessment | $530,100 |
Property Taxes
Parcel Number
06704-0084
Land Assessment
$105,750
Improvements Assessment
$424,350
Total Assessment
$530,100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1261 Coney Island Ave