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Mixed-Use

2653 Coney Island Ave

2653 Coney Island Ave, Brooklyn, NY 11223

Listing Price: $4,500,000

Cap Rate
5.40%
Number of Suites
3
Gross SF
10,400
Rentable SF
10,400
Price/Gross SF
$432.69
Lot Size
0.09 acres
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 2653 Coney Island Avenue, a 10,400 square foot commercial building in the Sheepshead Bay submarket of Brooklyn. This property offers two ground floor retail stores, and one office on the second floor. The property was built in 1999 by the current owner to use a portion to the ground floor for their optical retail & wholesale business. Ownership has since vacated their former store and the space is currently on the market for lease. The building has been managed extraordinarily and is in immaculate condition. All mechanicals are new and well maintained. This is a very rare opportunity to acquire an commercial building of this size on Coney Island Avenue.

Investment Highlights

  • Each tenant pays their share of all expenses and taxes (NN leases).
  • The property will be delivered with two existing leases in place for the ground floor acting school, and second floor office tenant.
  • The property is in immaculate condition.

Exclusively Listed By

Financing By

Mixed-Use

2653 Coney Island Ave

Listing Price: $4,500,000

Cap Rate
5.40%
Number of Suites
3
Gross SF
10,400
Rentable SF
10,400
Price/Gross SF
$432.69
Lot Size
0.09 acres
Year Built
1999

Investment Highlights

  • Each tenant pays their share of all expenses and taxes (NN leases).
  • The property will be delivered with two existing leases in place for the ground floor acting school, and second floor office tenant.
  • The property is in immaculate condition.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 2653 Coney Island Avenue, a 10,400 square foot commercial building in the Sheepshead Bay submarket of Brooklyn. This property offers two ground floor retail stores, and one office on the second floor. The property was built in 1999 by the current owner to use a portion to the ground floor for their optical retail & wholesale business. Ownership has since vacated their former store and the space is currently on the market for lease. The building has been managed extraordinarily and is in immaculate condition. All mechanicals are new and well maintained. This is a very rare opportunity to acquire an commercial building of this size on Coney Island Avenue.

Exclusively Listed By

Financing By

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