1962 Coney Island

1962 Coney Island, Brooklyn, NY 11223

Property Information

  • For Sale $2,100,000
  • Property Type Other
  • Property Size 1,100 SF
  • Lot Size 0.05 Acre
  • Cap Rate % 0.04
  • NOI / YR $86,831.00
  • Taxes / YR $12,613.00
  • Year Built 1931
  • Date Updated Nov 6, 2026

Description

Rare Mixed-Use Opportunity! Fully gutted and renovated approximately 9 years ago, this income-producing property features a ground-floor restaurant with its own central heat and A/C, plus two spacious residential units above. The second floor offers 4 bedrooms and 1.5 baths, while the third floor features 3 bedrooms and 1 full bath. Separate gas boilers and water heaters. Low owner expenses responsible only for property taxes, building insurance, and hallway electric. Zoned C8-2 with potential additional buildable square footage, offering future upside for investors and developers. Prime commercial location with excellent visibility and strong long-term potential. Won't last!

Contacts

Location

Located at 1962 Coney Island, Brooklyn, NY 11223, this property is part of the Midwood neighborhood and Brooklyn market.

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