2723 W 16 Street

Coney Island, Brooklyn, NY 11224

$1,295,000
8
beds
4
Baths
Single Family Home

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

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Investors and Buyers Your opportunity to own an extra-large fully detached 2 family house in Coney Island. This home has been renovated less than 2 years ago and features 9 bedrooms, 4 full baths, room for 6 cars plus 3 detached garages, a large finished basement, updated plumbing and electric, front and rear yard. 1st floor is a large 4 bedroom, 2 full baths apartment. The 2nd-floor apartment has 4 bedrooms, 2 full baths, and a loft finished attic with an additional 3/4 bath. This property is M1-2 zoned. Located in a major redevelopment zone. Great for investors, builders, or users. Close to the beach, boardwalk & amusements. Recently approved NYC Ferry service. Close proximity to a major highway and Verrazano bridge. Very low taxes. Lot: 40118,75 Building: 2840 Current rents: 3 garages: 875/month (10,500/year) 1st floor + basement: 3650/month 2nd floor: 2250/month Total rent roll: 6,775/month approximate expenses: taxes=394/m, insurance=200/m, gas=250/m, water=250/m NET INCOME is about: 5681+/month Present your offer today!
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PROPERTY DETAILS

  • Interior
    1,120 Sq Ft.
  • Exterior
    .09 Acres
  • Property Type
    Single Family Home
  • MONTHLY REAL ESTATE TAX
    $394
  • MLS/Listing ID
    449972

BUILDING/PROPERTY DETAILS

  • Air Conditioning
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Listing Courtesy of eXp Realty BKNY

LOCATION

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TRAVEL TIMEFROMConey Island
TYPE OF TRANSPORTATION