1380 Coney Island Avenue, Brooklyn, New York 11230
- $4,999,000
- 6,000
- SqFt
- List Price
- $4,999,000
- Price Change
- ▲ $500,000 1785192466
- Status
- ACTIVE
- MLS#
- 503296
- Sq. Ft
- 6,000
- Year Built
- 1930
Property Description
Commercial Opportunity – 1380 Coney Island Avenue, Brooklyn, NY 11230 Located on one of the most desirable commercial corridors in Midwood, 1380 Coney Island Avenue presents a unique opportunity to own a value-add commercial asset in one of Brooklyn’s most established neighborhoods. Known by many as the “Rodeo Drive of Brooklyn,” Coney Island Avenue is a premier destination for retail, professional services, community organizations, and local businesses. This versatile commercial space features an existing office and retail build-out, including cashier stations, display windows, office cubicles, workstations, storage racks, and split-unit HVAC systems—allowing for immediate occupancy with minimal additional investment. The property is an excellent opportunity for developers, investors, businesses, and non-profit organizations looking for a strategic Brooklyn location. Use the space today as a non-profit office, community facility, professional office, or retail operation, while maintaining the long-term potential for future value appreciation and redevelopment. A rare opportunity to acquire a flexible commercial asset in a prime Midwood location with strong neighborhood demand, excellent visibility, and significant upside potential.
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Additional Information
- Lot Size
- 6,000
- Stories
- 1
- Parking Description
- None
- Heat Source
- Electric
- Year Built
- 1930
- Zoning
- R5, OP, C1-3
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Attached
- Year Built
- 1930
- Basement
- Semi-Finished, Separate Entrance, Storage, Usable
- Lot Dimensions
- 100 x 60
- Building Dimensions
- 100.00 x 60.00
- Estimated Yearly Tax Amount
- $40,771
Mortgage Calculator
Listing courtesy of GW Realty Inc..