MLS Listing Details - Ideal Properties Realty

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Ideal Property Realty

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With over twelve years of real estate experience, we pride ourselves in delivering results while building relationships that last a lifetime. Ideal Properties Realtyis a full service real estate firm that tailors its services to the satisfaction of our clients. Our ability to guide home buyers, design strategic marketing campaigns, and understand the intrinsic elements of the sales process, makes us the premiere real estate firm in Brooklyn. Our experts are trained to resourcefully assist clients in areas such as selling residential homes, condominiums, and investment properties, as well as handle rentals and leasing.Owning Real Estate is a symbol of responsibility, a source of security, and a part of the American Dream. Our professional work continuously to ensure that process is smooth, sustainable, and easy to understand.To help sellers navigate the real estate process, we begin with an educational course that helps our clients understand the market and how to price their property, and close the deal. Whether you are buying or selling, Ideal Properties Realty will guide you step by step.

Home » MLS Listing Details

1848 Coney Island Avenue, Brooklyn, New York, New York 11230

$2,500,000

Property Details

Neighborhood: Midwood Tax Amount: $6883.00 MLS Number: 499086 Bldg Size: 20 x 55 Lot Size: 20 x 80 Lot SqFt: 1600

Property Description

Presenting 1848 Coney Island Ave, a well-maintained, three-story mixed-use building in Brooklyn offering steady rental income and a thriving commercial presence. The property features two residential units and a ground-floor laundromat, situated on a 20' x 80' lot with a 20' x 55' footprint, plus a full basement for additional storage. Each residential apartment offers 3 bedrooms, 1 bathroom, and a generous living room. The first-floor laundromat generates $3,500 per month with three years remaining on the lease, with the tenant paying all utilities including water. The second-floor apartment rents for $1,600 per month and the third-floor for $1,800 per month, both on a month-to-month basis with heat and hot water included. The building features two separate water meters for added efficiency. Located in a vibrant corridor, this property is close to shops, cafes, Staples, and public transportation. This is a perfect opportunity for an owner-occupant or investor. Residential units may be delivered vacant.

Property Type Mixed Use

Property Status: Active