2.700 SF | 692 Coney Island Avenue | Turn Key Mixed Use Building For Sale

692 Coney Island Avenue Brooklyn, NY 11218

692 Coney Island Avenue, Brooklyn, NY, 11218
692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218 692 Coney Island Avenue, Brooklyn, NY, 11218
FOR SALE
Property Type:
Street Retail
Amount:
$1,675,000
Last Verified:
May 29, 2024

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Highlights

  • Prime Coney Island Ave
  • Newly renovated
  • Turnkey
  • 1 commercial unit
  • 2 residential units

Description

Introducing 692 Coney Island Avenue, a prime commercial property located in the heart of Brooklyn, NY. This newly-renovated 2,700 SF building offers a turnkey opportunity with a vanilla box space featuring an expansive glass frontage to showcase your business. Zoned C8-2, the property includes two commercial units and one residential unit, providing versatility for various investment opportunities. With its ideal location and modern updates, this property is perfectly poised to meet the needs of retail and street retail investors seeking a thriving space in the Brooklyn area.

Located in the Kensington neighborhood of Brooklyn between Avenue C & Cortelyou Rd near the

Nearest Transit: The Q train at Cortelyou Rd and the B68, BM4, BM3, B103, BM1, BM2, & B35 bus lines.

Nearby tenants include KFC, Mobil, 7-Eleven, Dunkin', Sycamore Bar + Flower Shop, Walgreens, Western Union, Early Childhood Development Center Kaleidoscope Inc, McDonald's, Wholesale Building Supply, Michael's Pharmacy, JALSA, Los Mariachis, Milk And Honey Cafe, and more!

Building Size: 2700sq ft
Lot Size: 0.04 acres


Documents

692 Coney Island Avenue Brochure

Map of 692 Coney Island Avenue, Brooklyn, NY, 11218

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.