Investment Overview

The subject offering presents a rare opportunity to acquire a prominent corner commercial asset at the intersection of Coney Island Avenue and Avenue H in the heart of Brooklyn’s Midwood neighborhood. The offering consists of a 6,630-square-foot single-story retail building situated on a 10,000-square-foot corner parcel (100’ x 100’), together with an adjacent 4,000-square-foot parking lot. Combined, the properties encompass approximately 14,000 square feet of land and benefit from highly desirable C8-2 zoning. The zoning permits up to 28,000 square feet of as-of-right development (2.0 FAR), with the potential for up to 67,200 square feet through the utilization of the community facility bonus. The existing improvements also include a full, 6,630 square-foot lower level and an elevator servicing the building. The property benefits from exceptional accessibility, featuring curb cuts along both Coney Island Avenue and Avenue H. Positioned on a heavily trafficked commercial corridor, the asset is surrounded by a diverse mix of established retailers, service businesses, and residential communities. The property is also located just a few blocks from the Avenue H subway station, providing direct access to the Q train and enhancing connectivity throughout Brooklyn and Manhattan. From a long-term strategic perspective, the surrounding zoning landscape further enhances the property’s appeal. The adjacent parcel is zoned R5D, while properties across Coney Island Avenue are zoned R6A, creating a compelling basis for future residential rezoning considerations and potential redevelopment opportunities.