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  • Price cut: $140K (8/6)
    $1,659,000

    3099 Coney Island Ave Unit 1, Brooklyn, NY 11235

    --beds
    3,705sqft
    Loading
    Multi Family
    Built in 1920
    -- sqft lot
    $1,599,600 Zestimate®
    $448/sqft
    $-- HOA

    What's special

    Three-story building
    Introducing a prime investment opportunity situated on a highly trafficked corridor in the vibrant heart of Brighton Beach. This impressive three-story building offers approximately 4,000 square feet of rentable space, strategically positioned along the bustling Coney Island Avenue for maximum visibility. Designed with flexibility in mind, the second and third floors are fully vacant, originally intended for medical office use but adaptable to a variety of purposes. The ground floor currently houses a doctor's office on a month-to-month lease, providing immediate income potential. With R6 zoning, there is an opportunity for vertical expansion, further enhancing the property's value. Each floor is equipped with its own central air system, ensuring comfort and convenience for future tenants or business operations. This property presents an excellent opportunity for both business and investment purposes, with a projected annual income of $140,000 and a minimum 6% cap rate. Don’t miss the chance to secure this exceptional asset.
    101 days
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    250
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Century 21 Homefront 929-620-9801,

    Igor Yakubinskiy

    Source: StreetEasy,MLS#: S1828413

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 3,705
      • Total interior livable area: 3,705 sqft

      Property

      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1920

      Community & HOA

      Community
      • Subdivision: Brighton Beach
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $448/sqft
      • Date on market: 5/14/2026

        Estimated market value

        $1,599,600

        $1.52M - $1.68M

        $3,525/mo

        Price history

        DateEventPrice
        8/6/2026Price change$1,659,000-7.8%$448/sqft
        Source: StreetEasy #S1828413 Report a problem
        7/20/2026Price change$1,799,000-5.3%$486/sqft
        Source: StreetEasy #S1828413 Report a problem
        5/29/2026Price change$1,899,000-5%$513/sqft
        Source: StreetEasy #S1828413 Report a problem
        5/14/2026Listed for sale$1,999,000$540/sqft
        Source: StreetEasy #S1828413 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Brighton Beach

        Getting around

        95 / 100
        Walker's Paradise
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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