2297 Coney Island Ave, Brooklyn, NY 11223

Studio, 3,900 sqft
For Sale
$1,300,000
Zestimate®: $1,204,086
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Fully renovated and rented 4-unit mixed use building. Three large 2-bedroom apartments are rented. Building is gut renovated with new appliances, floors and central air and heat units. Ground floor storefront is 3000 sqf. Rented as well! The store has brand new tile floor and large size front window with security gate. . Great location with excellent visibility, close to coffee shops, restaurants and shops.Super investment with great potential! Gross income $94,800. Cap rate 7,5% approx.
Facts
  • Lot: 1,858 sqft
  • Townhouse
  • Built in 1928
  • 61 days on Zillow
  • Price/sqft: $333
  • MLS #: 1655439
Features
  • Parking: Off street
    Construction
    • # Stories: 2.0
    • Unit count: 2
    Other
    • Floor size: 3,900 sqft
    • Lot depth: 100
    • Lot width: 18
    • Parcel #: 072900056
    • Zillow Home ID: 30741605
    Home Values
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $1,204,086
    +$0 Last 30 daysd
    $999K
    $1.46M
    Zestimate range
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,089/mo
    -$42 Last 30 daysd
    $1.5K
    $3.2K
    Zestimate range

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    Neighborhood for 2297 Coney Island Avenue

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    Zillow predicts Homecrest home values will increase 0.7% next year, compared to a 1.8% increase for New York as a whole. Among Homecrest homes, this home is 120.2% more expensive than the midpoint (median) home, but is priced 20.3% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the Homecrest market, the number of foreclosures waiting to be sold fell 1.2% in the last year. The number of unsold foreclosures is exactly the same as for New York, and 97% lower than the national average.

    Learn more about forecast calculations or Homecrest home values.
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