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Coney Island-very rare mixed use 13 family + 2 stores in super-hot area, corner building with over 13,000 square feet of living space, all 2 bedrooms, great layouts, 3 exposures, windows in every room, kitchen and bath, many upgrades over the years-electric, windows, roof, walls, ceilings, doors, security cameras and more, current rent roll approximately $312,000, expenses are as follows: taxes $60,478, heating oil $35,000, water/sewer $17,500, insurance $13,000, maintenance/repairs/owners electric $9,000, R7A zoning, Building Size 39'x86', Lot Size 39'x100', iconic **CONEY ISLAND** is under a major transformation, tons of new developments nearby, exceptional opportunity to add this beauty to your portfolio, perfect 1031 exchange property, first time on market in decades, don't miss out!!! Building address also known as 2902-2912 West 16th Street and 1602 Mermaid Avenue. **some photos have been virtually staged**
Prime Retail Discount Store near Post Office (MG BARGAIN Store)5000 Sq Ft. 28 Ft Frontage x 140 Depth and 1000 Sq ft L shape.New Store Front, New Lighting, New Gates, New Shelving, New Roof, Central Air Condition, 2 Gas Heat Blower, 1 bathroom.Established business for over 35 years. 4yr lease plus 5 year option. Rent is $8200 Gross per month. $100,000.00 Inventory GuarantyNeighboring TenantsPost Office, VIM, Liquor Store, Metro PCS, Boost Mobile, Urgent Medical, Crown Chicken, 99Cent Express, Fine Fare Supermarket, Train Station
Calling all investors and buyers. Don't miss out this great investment opportunity! All brick 1 store + 4 family attached building in Coney Island neighborhood. 1st floor: retail/fast food store, lease to 8/2022. store owner pays 1/3 of tax and his own water, hot water, heat, and electricity. 2nd and 3rd floor are all 1 bedroom and 1 full bath apartment. Total 4 apartments are vacant. Sell As Is. A Must See!
