1380 Coney Island Avenue, Brooklyn, New York 11230

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List Price
$4,799,000
Status
ACTIVE
Days on Market
89
Price Change
▼ $200,000 1789621292
MLS#
503296
Year Built
1930
Living Area
6,000
Lot Size
6,000
MLS Area Major
Coney Island

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.

Additional Information

Taxes
$40,771
Financing
1031 Exchange, Bank Mortgage, Cash
Zoning
R5, OP, C1-3
Flooring
Carpeting, Ceramic, Granite, Laminate
Heating
Electric
Exterior Features
Brick, Stone, Stucco
Stories
1
Roof
Flat
Foundation
Poured Concrete

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Calculator source: Real Geeks

Courtesy Of GW Realty Inc.