SOLD FOR $3,785,000
Listed at $3,987,000 · Sold 5.1% below asking · Closed January 29, 2018
$3,785,000
$311 per sq ft
Listed at $3,987,000 $-202,000 vs asking
3160 Coney Island Avenue #0
MLS® #RLS10101289
Listing by Elliman
Studio
0
Bath
12,160
Sq. Ft.
1938
Year Built
Sale Details
Property Summary
Description
Rare Investment Opportunity in Brighton Beach, Brooklyn. Mixed-use four story, 16 unit building located steps from Brighton Beach Avenue, a major retail corridor. Property consist of 15 residential rental units and one commercial retail unit. Self-managed income producing property with live-in superintendent and new building mechanics. Building Sq. Ft: 12,160 Year Built: 1938 Gross Annual Income: $265,855 Total Annual Expenses: $89,320 Net Operating Income: $176,535 Price per Sq. Ft: $325 Capitalization Rate: 4.43%
Property Details
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Listing courtesy of Alan Chorm at Elliman. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.