2769 Coney Island AveBrooklyn, NY 11235

Property Details for 2769 Coney Island Ave

Year built

1920

Lot size

0.07 AC

Property size (Sq ft)

11,760 SF

Zone code

R4

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

07430-0070

APU

74300070

Description

This exceptional 1,498 square foot office space is available for lease on the second floor of 2769 Coney Island Avenue, located in Kings County. The property is zoned R4, C2-2, offering flexibility for a variety of professional uses. This single-tenant occupancy provides a private and secure environment for your business. The building's address is conveniently situated near Avenue Y, ensuring easy access and high visibility. The space is ideal for businesses seeking a traditional office layout in a well-established neighborhood. The property's size makes it suitable for a range of businesses, from small startups to established firms requiring a comfortable and functional workspace. The building's location offers excellent accessibility for clients and employees alike, with convenient access to public transportation and major roadways. This is a fantastic opportunity to secure a well-located, spacious office in a thriving area. The property's zoning allows for a variety of uses, making it a versatile option for a wide range of businesses. Interested parties are encouraged to inquire for further details and scheduling a viewing. This is a prime opportunity to establish your business in a desirable location. The single-tenant occupancy ensures privacy and control over your workspace. Don't miss out on this chance to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,410,906

  6.5%

  $2,225,452

  7%

  $2,066,491

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,381,670

  Geo Method

  $2,381,670

• Alternative Use

  Use

  Valuation

  Residential

  $2,225,452

  Hospitality

  $2,038,502

  Educational

  $1,696,010

  Medical

  $1,754,338

  Retail

  $2,638,238

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.589

Longitude

-73.9601

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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