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$ 2,200,000
Est. payment /mo
New
3129 Coney Island AVE Brooklyn, NY 11235
4 Baths
2,160 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $1,018
MLS Listing ID 502927
Full Baths 4
Year Built 1932
Annual Tax Amount $12,708
Property Sub-Type Multi-Family
Property Description
**SHOWINGS BY APPOINTMENT ONLY**
Exceptional investment opportunity in the heart of Brighton Beach! This fully renovated legal four-family building offers the perfect combination of strong income potential, flexibility, and turnkey ownership.
The property consists of four well-maintained residential units: one spacious two-bedroom apartment, two one-bedroom apartments, and one studio apartment. The entire building has been extensively renovated and brought up to code, allowing the next owner to step in without the need for additional capital improvements.
All major systems and renovations have been completed, making this a true turnkey investment. The current tenants are on month-to-month leases with rents below current market value, providing an excellent opportunity for future income growth. Whether you're looking to maximize rental income over time or occupy one or more units, this property offers exceptional flexibility.
The building can be delivered with the existing tenants in place for immediate cash flow or vacant, depending on the buyer's preference.
Located in one of Brooklyn's most desirable neighborhoods, you'll enjoy close proximity to Brighton Beach, the boardwalk, public transportation, shopping, restaurants, schools, and all the conveniences the area has to offer. Whether you're an investor seeking long-term appreciation or an owner-occupant looking for additional rental income, this is a rare opportunity in a highly sought-after location.
**All showings are by appointment only. All prospective buyers must provide a mortgage pre-approval letter or proof of funds prior to scheduling a viewing.**
Exceptional investment opportunity in the heart of Brighton Beach! This fully renovated legal four-family building offers the perfect combination of strong income potential, flexibility, and turnkey ownership.
The property consists of four well-maintained residential units: one spacious two-bedroom apartment, two one-bedroom apartments, and one studio apartment. The entire building has been extensively renovated and brought up to code, allowing the next owner to step in without the need for additional capital improvements.
All major systems and renovations have been completed, making this a true turnkey investment. The current tenants are on month-to-month leases with rents below current market value, providing an excellent opportunity for future income growth. Whether you're looking to maximize rental income over time or occupy one or more units, this property offers exceptional flexibility.
The building can be delivered with the existing tenants in place for immediate cash flow or vacant, depending on the buyer's preference.
Located in one of Brooklyn's most desirable neighborhoods, you'll enjoy close proximity to Brighton Beach, the boardwalk, public transportation, shopping, restaurants, schools, and all the conveniences the area has to offer. Whether you're an investor seeking long-term appreciation or an owner-occupant looking for additional rental income, this is a rare opportunity in a highly sought-after location.
**All showings are by appointment only. All prospective buyers must provide a mortgage pre-approval letter or proof of funds prior to scheduling a viewing.**
Location
State NY
County Kings (brooklyn)
Area Brighton Beach
Zoning R6
Rooms
Basement Finished, Full, Separate Entrance
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat,Shingle
Handicap Access No
Building
Story 2
Foundation Other
Others
Energy Description Gas
Financing Bank Mortgage,Cash
Listed by Keller Williams Realty Empire
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Christina Girgenti
Broker Associate