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7 Beds
3 Baths
3,300 sqft

$1,998,000

1962 Coney Island Avenue, Brooklyn NY, 11223

Price per sqft$605.45
Built in1931
Property size3,300 sqft
Property typeMulti-family
Courtesy of B Square Realty, Li Li Listing Contact: 646-889-9988

Overview

Active

Listed Oct 1, 2026

Updated 2 days ago

Mixed-Use Investment Opportunity | Commercial + Residential Income | Prime Brooklyn Location Excellent opportunity to own a well-maintained three-story mixed-use property located along the Coney Island Avenue commercial corridor in Brooklyn. This approximately 3,300 SF building features a ground-floor commercial space with two residential units above, providing multiple income streams and strong investment potential. The property offers a functional layout with spacious residential apartments and a commercial component suitable for long-term income generation. Fully renovated in 2018, the building features updated interiors, separate building systems, multiple electric meters, and separate gas meters, helping provide efficient ownership and management. With low operating expenses and tenants responsible for their own utilities, this property offers an attractive opportunity for investors seeking a stable mixed-use asset. Conveniently located near shopping, dining, public transportation, major roadways, and the Kings Highway B/Q subway station, offering excellent accessibility within Brooklyn. A rare opportunity to acquire an income-producing mixed-use property in a desirable Brooklyn location with commercial exposure, residential upside, and long-term value.

$13,293/mo

Est. mortgage payment based on a $1,998,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1057380

Interior Features

Bedrooms
7
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$12,769
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cristina Candio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:51 AM UTC on 10/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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OneKey MLS. All rights reserved.

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