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610-616 Coney Island Ave

10,230 SF 100% Leased Retail Building Brooklyn, NY 11218 £4,510,357 (£441/SF) 6.76% Net Initial Yield

Executive Summary

Located in the Kensington neighborhood in Brooklyn, 610-616 Coney Island Avenue was built in 1930 and has 3 stories and 4 units. One Story building 10,230 SF + 6,000 SF Basement. Site extends rear to East 9th Street. 2 Drive-Ins with Lifts. Easy access to transportation with the Q train a short walk to the Beverley Road station with the F-G trains nearby.

Attachments

610-616 Coney Island Ave Brooklynv3

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,230 SF
Building Class
B
Year Built
1930
Price
£4,510,357
Price Per SF
£441
Net Initial Yield
6.76%
NOI
£304,841
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.11
Land Acres
0.21 AC
Zoning
R5
Frontage
48 ft on Coney Island Ave
1 of 1
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (98)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Key Food
Webster Bank
Chase Bank
Ctown
Foodtown
Crunch
Rent-A-Center
Stop & Shop
TD Bank
Sarku of Japan

PROPERTY TAXES

Parcel Number 05361-0025 Improvements Assessment £590,896
Land Assessment £113,661 Total Assessment £704,557

PROPERTY TAXES

Parcel Number
05361-0025
Land Assessment
£113,661
Improvements Assessment
£590,896
Total Assessment
£704,557
(212) 417-9217 x251

  • Listing ID: 31458749

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: 610-616 Coney Island Ave, Brooklyn, NY 11218

The Retail Property at 610-616 Coney Island Ave, Brooklyn, NY 11218 is currently available For Sale. Contact Kassin Sabbagh Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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610-616 Coney Island Ave, Brooklyn, NY for sale Building Photo- Image 1 of 4
610-616 Coney Island Ave Brooklynv3
610-616 Coney Island Ave, Brooklyn, NY for sale Building Photo- Image 2 of 4
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610-616 Coney Island Ave, Brooklyn, NY for sale Plat Map- Image 3 of 4
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© 2024 CoStar Group

610-616 Coney Island Ave
(212) 417-9217 x 251

610-616 Coney Island Ave

1/4

Jeff Geoghegan

(212) 417-9217

x251

(212) 417-9217 x251

Ceasar Salama

(212) 417-9217

(212) 417-9217

Izack Lati

(718) 415-2841

(718) 415-2841

Isaac Faur

(212) 417-9217

(212) 417-9217

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