OFF MARKET

2839 15th *

Kings, Coney Island, New York City, NY

Asking

$899,000

BTC

10.420

ETH

306.97

Beds
7
Baths
4
Home Size
3,440 sq. ft.
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!





LOADING

Location

Market Area
Kings
Neighborhood
Coney Island

Agents

VICTOR KRAIEM

+1 310 910 1722

Andrew Ziff

+1 310 910 1722

Contact Email

[email protected]