3129 Coney Island Avenue, Brooklyn, New York 11235

$2,200,000
2,160
SqFt

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List Price
$2,200,000
Status
ACTIVE
Days on Market
21
Price Change
▲ $200,000 1783712432
MLS#
502927
Year Built
1932
Full Baths
4
Living Area
2,160
Lot Size
1,440
MLS Area Major
Brighton Beach

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.**

Additional Information

Taxes
$12,708
Financing
Bank Mortgage, Cash
Zoning
R6
Flooring
Hardwood
Heating
Gas
Exterior Features
Brick
Stories
2
Roof
Flat, Shingle
Foundation
Other

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy Of Keller Williams Realty Empire