610-616 Coney Island Ave
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610-616 Coney Island Ave
10,230 SF 100% Leased Retail Building Brooklyn, NY 11218 $8,150,916 CAD ($796.77 CAD/SF) 6.88% Cap Rate
EXECUTIVE SUMMARY
Located in the Kensington neighborhood in Brooklyn, 610-616 Coney Island Avenue was built in 1930 and has 3 stories and 4 units. One Story building 10,230 SF + 6,000 SF Basement. Site extends rear to East 9th Street. 2 Drive-Ins with Lifts. Easy access to transportation with the Q train a short walk to the Beverley Road station with the F-G trains nearby.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,230 SF
Building Class
B
Year Built
1930
Price
$8,150,916 CAD
Price Per SF
$796.77 CAD
Cap Rate
6.88%
NOI
$560,645 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.11
Lot Size
0.21 AC
Zoning
R5
Frontage
48’ on Coney Island Ave
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (98)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05361-0025 | Improvements Assessment | $1,068,398 CAD |
| Land Assessment | $205,510 CAD | Total Assessment | $1,273,908 CAD |
PROPERTY TAXES
Parcel Number
05361-0025
Land Assessment
$205,510 CAD
Improvements Assessment
$1,068,398 CAD
Total Assessment
$1,273,908 CAD
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610-616 Coney Island Ave
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