Price Reduction! Unlocking Value: Renovated 4-Unit Multi-Family Gem in Brooklyn's Coney Island with a Projected Cap Rate of 5.67% !
This meticulously renovated 4-unit multi-family property in the heart of Coney Island presents an exceptional investment opportunity. Each unit has undergone a stunning transformation, offering tenants highly sought-after living spaces. What truly distinguishes this property is its innovative tenant-paid utilities model, encompassing Gas, Electric, Heat, and Hot Water, ensuring enhanced profitability and expense management. Don't miss out on this investment gem, now available at a reduced price."
As an astute investor, you'll appreciate the potential for increased cash flow, as the owner has the freedom to raise rents and lower taxes. To further assess the property's income potential, a detailed rent roll can be provided upon request.
Located near the Coney Island - Stillwell Ave subway station, the beach, and popular amenities, this property offers convenience and appeal to potential tenants. It presents an ideal opportunity for those seeking a smart investment in a rapidly growing neighborhood.
This property is a 3 minute drive to Belt Pkwy and a block away from the beach & the Coney Island boardwalk.
Nearest transit: D, F, N, & Q trains at Coney Island - Stillwell Ave and the B82, B68, B64, & B74 bus lines.
Seize this chance to secure your investment success in Brooklyn's Coney Island. Request the rent roll today and capitalize on this remarkable multi-family property.
* Three 2 bedroom apartments & One- 1 bedroom apartment
* All tenants have their own electric & gas meters
* New roof
* New boilers
* Tankless water heaters
Rent Roll Upon Request, All Free Market apartments!
Sold for $810,000
$810,000
2839 W 15th St, Brooklyn, NY 11224
7beds
3,040sqft
MultiFamily
Built in 1930
-- sqft lot
$1,059,900 Zestimate®
$266/sqft
$3,243 Estimated rent
Home value
$1,059,900
$933,000 - $1.20M
$3,243/mo
Zestimate® history
Owner options
List your home for rent
$3,243/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,243/mo
Rent Zestimate®
Refinance and save
$4,791/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,791/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Dishwasher
Interior area
- Total interior livable area: 3,040 sqft
Property
Lot
- Size: 2,199 Square Feet
Details
- Parcel number: 070230063
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Utilities & green energy
- Electric: 220 V
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $582,000
- Annual tax amount: $27,567
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2024 | Sold | $810,000-9.9%$266/sqft |
Source: Public Record Report a problem | ||
| 10/6/2023 | Price change | $899,000-5.4%$296/sqft |
Source: StreetEasy Report a problem | ||
| 7/7/2023 | Listed for sale | $950,000+5.7%$313/sqft |
Source: StreetEasy Report a problem | ||
| 3/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 9/30/2022 | Listed for sale | $899,000-5.2%$296/sqft |
Source: StreetEasy Report a problem | ||
| 4/1/2022 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/5/2021 | Price change | $948,000-5%$312/sqft |
Source: | ||
| 7/29/2021 | Listed for sale | $998,000-7.6%$328/sqft |
Source: | ||
| 6/16/2021 | Listing removed | -- |
Source: | ||
| 10/19/2020 | Price change | $1,080,000-6.1%$355/sqft |
Source: Momentum Real Estate LLC #444680 Report a problem | ||
| 2/19/2019 | Listed for sale | $1,150,000$378/sqft |
Source: MOMENTUM REAL ESTATE LLC #10532860 Report a problem | ||
| 1/1/2019 | Listing removed | $1,150,000$378/sqft |
Source: MOMENTUM REAL ESTATE LLC #10532860 Report a problem | ||
| 10/8/2018 | Price change | $1,150,000-8%$378/sqft |
Source: MOMENTUM REAL ESTATE LLC #10532860 Report a problem | ||
| 9/10/2018 | Listed for sale | $1,250,000+127.3%$411/sqft |
Source: MOMENTUM REAL ESTATE LLC #10532860 Report a problem | ||
| 4/18/2005 | Sold | $550,000+197.3%$181/sqft |
Source: Public Record Report a problem | ||
| 6/3/2003 | Sold | $185,000+133.9%$61/sqft |
Source: Public Record Report a problem | ||
| 2/2/1996 | Sold | $79,100$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,567 +7.5% | $261,900 -19.9% |
| 2024 | $25,654 | $327,150 +8% |
| 2023 | -- | $302,850 -1.5% |
| 2022 | -- | $307,350 +25.1% |
| 2021 | -- | $245,700 -8.8% |
| 2020 | $28,289 +8% | $269,550 +5.1% |
| 2019 | $26,193 | $256,500 +5.1% |
| 2018 | -- | $243,972 +8% |
| 2017 | $28,732 +60.5% | $225,900 +18.1% |
| 2016 | $17,905 | $191,250 -4.1% |
| 2015 | $17,905 +77.3% | $199,350 +35.9% |
| 2014 | $10,101 | $146,700 |
Find assessor info on the county website
Neighborhood: Coney Island
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Nearby schools
GreatSchools rating
- 10/10Ps 90 Edna Cohen SchoolGrades: PK-5Distance: 0.1 mi
- 8/10Is 303 Herbert S EisenbergGrades: 6-8Distance: 0.6 mi
- NALiberation Diploma PlusGrades: 9-12Distance: 0.2 mi
- New York
- Kings County
- New York
- 11224
- Brooklyn
- Coney Island
- 2839 W 15th St