- For Sale $2,150,000
- Property Type Mixed Use
- Property Size 4,228 SF
- Units 3
- Lot Size 0.16 Acre
- Zoning M1-2
- # of Floors 2
- Year Built 1925
- Date Updated Jul 8, 2026
Description
Receiver Sale: 2729-2731 West 16th Street, Brooklyn, NY
Asking Price: $2,150,000
Property Snapshot:
• 2-story multifamily building and a 1-story warehouse located in Coney Island, Brooklyn, NY
• 2,228 sq ft multifamily building, consisting of 3 residential units
• 2,000 sq ft warehouse
• 60 ft of frontage along W 16th Street
• Redevelopment opportunity under existing M1-2 zoning, which permits a variety of commercial and industrial uses, with additional upside from potential future upzoning
• Situated two and a half blocks from Maimonides Park, Luna Park, and the boardwalk
• Short walk to Coney Island-Stillwell Ave Subway Station (D, F , N, Q trains)
• Nearby retail and dining include Home Depot, Food Bazaar, Totonno’s, Lone Star Gourmet Market, Milk & Honey Cafe, and Nathan’s Famous
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Contacts
Northgate Real Estate Group
Location
Located at 2729-2731 W 16th St, Brooklyn, NY 11224, this property is part of the Coney Island neighborhood and Brooklyn market.
Northgate Real Estate Group