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3129 Coney Island Avenue, Brooklyn, New York, New York 11235

$1,999,900

Property Details

Baths: 4 Neighborhood: Brighton Beach Tax Amount: $12708.00 MLS Number: 502927 Bldg Size: 18 x 60 Lot Size: 18 x 80 Lot SqFt: 1440

Property Description

**SHOWINGS BY APPOINTMENT ONLY** Exceptional LEGAL 4 FAMILY investment opportunity in the heart of Brigton Beach. This fully renovated building offers the perfect combination of strong income potential, flexibility, and turnkey ownership. The property consists of four well-maintained residential units: one spacious two-bedroom apartment, two one-bedroom apartments, and one studio apartment. The entire building has been extensively renovated and brought up to code, allowing the next owner to step in without the need for additional capital improvements. All major systems and renovations have been completed (windows, bathrooms, kitchen, electrical) making this a true turnkey investment. The current tenants are on month-to-month leases with rents below current market value, providing an excellent opportunity for future income growth. Whether you're looking to maximize rental income over time or occupy one or more units, this property offers exceptional flexibility. The building can be delivered with the existing tenants in place for immediate cash flow or vacant, depending on the buyer's preference. Located in one of Brooklyn's most desirable neighborhoods, you'll enjoy close proximity to Brighton Beach, the boardwalk, public transportation, shopping, restaurants, schools, and all the conveniences the area has to offer. Whether you're an investor seeking long-term appreciation or an owner-occupant looking for additional rental income, this is a rare opportunity in a highly sought-after location. **All showings are by appointment only. All prospective buyers must provide a mortgage pre-approval letter or proof of funds prior to scheduling a viewing.**

Property Type Residential

Property Status: Active

Property Features Dishwasher Patio Garden Stove Washer

Dalia Samouha

Real Estate Broker

Cell: 718.687.7576

Email: [email protected]

Instagram: @idealpropertiesrealty

Location

3129 Coney Island Avenue, Brooklyn, New York, New York 11235