Vacant Commercial Building For Sale 610-616 Coney Island ... - Agorafy
Vacant Commercial Building For Sale 610-616 Coney Island Avenue Brooklyn, NY 11218 Property Description: The subject property is an approximately 10,230 square foot commercial building with 60 feet of frontage along Coney Island Avenue. The property is built full on the tax lot, extending 136 feet back, block-through to East 9th Street. The property also includes a three-story mixed-use building that has been renovated and combined with the remaining commercial building. The upper two floors of the mixed-use building are a renovated duplex apartment, which can be delivered vacant.
Location:
The west side of Coney Island Avenue between Beverly Road and Avenue C
Block / Lot:
5361 / 25
Lot Dimensions: Lot Size:
60.17' x 136.08' 8,188
(approx.) (approx.)
Building Dimensions: Gross SF:
60.17' x 136.08' 10,230 + basement
(approx.) (approx.)
Zoning (split lot):
R5 w/ C2-3 Overlay
The property is currently occupied by an auto body repair shop, and will be delivered vacant upon a sale. This property offers the opportunity for an investor or developer to take advantage of 60 feet of frontage on a rapidly changing section of Coney Island Avenue. The subject property is located just 4 blocks from Ocean Parkway, is a short walk to both Church Avenue and Cortelyou Road and 0.3 miles from both the Beverly Road and Cortelyou Road Q train station.
Tax Assessment (14/15): $ 266,588 R.E. 205 Taxes (14/15): $ 28,482 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
Asking118-35 Price: $3,250,000 Queens Boulevard, 14 Floor
275 Madison Avenue, 3rd Floor New York, NY 10016 For additional information please Exclusive Agent: T: 212-696-2500 / F:contact 212-696-0333
th
Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
Vacant Commercial Building For Sale 610-616 Coney Island Avenue Brooklyn, NY 11218
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
Asking Price: $3,250,000 275 Madison Avenue, 3rd Floor New York, NY 10016 For additional information please Exclusive Agent: T: 212-696-2500 / F:contact 212-696-0333
118-35 Queens Boulevard, 14th Floor Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
Location:
The west side of Coney Island Avenue between Beverly Road and Avenue C
Block / Lot:
5361 / 25
Lot Dimensions: Lot Size:
60.17' x 136.08' 8,188
(approx.) (approx.)
Building Dimensions: Gross SF:
60.17' x 136.08' 10,230 + basement
(approx.) (approx.)
Zoning (split lot):
R5 w/ C2-3 Overlay
The property is currently occupied by an auto body repair shop, and will be delivered vacant upon a sale. This property offers the opportunity for an investor or developer to take advantage of 60 feet of frontage on a rapidly changing section of Coney Island Avenue. The subject property is located just 4 blocks from Ocean Parkway, is a short walk to both Church Avenue and Cortelyou Road and 0.3 miles from both the Beverly Road and Cortelyou Road Q train station.
Tax Assessment (14/15): $ 266,588 R.E. 205 Taxes (14/15): $ 28,482 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
Asking118-35 Price: $3,250,000 Queens Boulevard, 14 Floor
275 Madison Avenue, 3rd Floor New York, NY 10016 For additional information please Exclusive Agent: T: 212-696-2500 / F:contact 212-696-0333
th
Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
Vacant Commercial Building For Sale 610-616 Coney Island Avenue Brooklyn, NY 11218
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
Asking Price: $3,250,000 275 Madison Avenue, 3rd Floor New York, NY 10016 For additional information please Exclusive Agent: T: 212-696-2500 / F:contact 212-696-0333
118-35 Queens Boulevard, 14th Floor Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
