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1848 Coney Island Ave 3,300 SF 100% Leased Flex Building Brooklyn, NY 11230 $3,421,975 CAD ($1,036.96 CAD/SF)
Executive Summary
Presenting 1848 Coney Island Ave, a well-maintained, three-story mixed-use building in Brooklyn offering steady rental income and a thriving commercial presence. The property features two residential units and a ground-floor laundromat, situated on a 20' x 80' lot with a 20' x 55' footprint, plus a full basement for additional storage. Each residential apartment offers 3 bedrooms, 1 bathroom, and a generous living room. The first-floor laundromat generates $3,500 per month with three years remaining on the lease, with the tenant paying all utilities including water. The second-floor apartment rents for $1,600 per month and the third-floor for $1,800 per month, both on a month-to-month basis with heat and hot water included. The building features two separate water meters for added efficiency. Located in a vibrant corridor, this property is close to shops, cafes, Staples, and public transportation. This is a perfect opportunity for an owner-occupant or investor. Residential units may be delivered vacant.
Property Facts
| Price | $3,421,975 CAD | Rentable Building Area | 3,300 SF |
| Price Per SF | $1,036.96 CAD | No. Stories | 3 |
| Sale Type | Investment or Owner User | Year Built | 1931 |
| Property Type | Flex |
| Price | $3,421,975 CAD |
| Price Per SF | $1,036.96 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Rentable Building Area | 3,300 SF |
| No. Stories | 3 |
| Year Built | 1931 |
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