Buy with Yoreevo
$1,963,035
List Price: $1,998,000
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1962 Coney Island Avenue

House in Midwood •  building info
7bd • 3ba • 2,000ft² • $999 per ft²
Buy with Yoreevo

$1,963,035

List Price

$1,998,000

Key Details
Days on market
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Last price change
No recorded changes
Estimated payment
$12,430/mo
Taxes
$1,064/mo
Maintenance
N/A
Description
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.

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Building amenities
Services and facilities
Parking Available
Building info

History
10/1/26
Listed
$1,998,000
$880,000
What it'll cost
Purchase price
$1,998,000
Asking Price: $1,998,000
Term
30 Years
Down Payment
$199,000 (10%)
Min: 10% (199,000)
Rate
6.5 %
Mortgage Amount
$1,798,200
Mortgage Payment
$11,366
Taxes
$1,064
Estimated Yoreevo rebate
$34,965
Estimated closing cost
$71,000
Total monthly cost $12,430
Buy your dream home with us and get an estimated
$34,965 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of B Square Realty

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