#487406, Listing Office: RE/MAX Edge
$10,000
closing credit¹
755 Coney Island Ave New York City, NY 11218
Property details
About 755 Coney Island Ave
Introducing 755 Coney Island Ave, a 6-unit residential building between Ditmas Park and Kensington right by Cortelyou Road, one of the busiest retail & residential belt in the neighborhood. With additional FAR and the potential to be delivered fully vacant, this property presents an amazing opportunity for new ownership to generate great returns from increased rental income or develop a full residential, commercial or mixed-use project in the future.<br><br>Existing Building & Property Features: Current Zoning is R6, C2-4, set on a 25' X 92.17' lot, the existing 3-story masonry building of approx. 5,400 SF total building size leaves 1,521 SF of FAR unused. The property consists of 6 two-bedroom units, among which, 2 are already vacant.<br><br>Centrally located by Cortelyou Road, the building is surrounded by the neighborhood's best restaurants, bars, coffee shops, grocery stores, shopping, and supermarkets. With the B, Q, F, and G train stops a few blocks away, 755 Coney Island Ave offers unparalleled foot traffic for both residential and commercial success.
Highlights
Summary
- MLS Number: RPLU-33421807743
- MLS Name: REBNY
- Office Name: Corcoran Group
- Office Phone: (212) 355-3550
- Listing Agent: Christopher Cavorti
- Agent Phone: (914) 804-7091
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$2,499,000
755 Coney Island Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
P.S. 139 Alexine A. Fenty School
Public District PK-5
0.2 mi
•330 Rugby Rd
6
P.S. 217 Colonel David Marcus School
Public District KG-5
0.4 mi
•1100 Newkirk Ave
4
P.S. 889 Brooklyn
Public District PK-KG
0.4 mi
•21 Hinckley Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,822. Most New York City, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 755 Coney Island Ave in New York City, NY and zip code 11218 in the Ditmas Park neighborhood. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 3, 2022 and is currently priced at $2,499,000.
New York City, NY housing market in January 2025 saw over 208 listings sold above listed price, more than 890 sold at listed price and over 759 sold below. Between December and January 2025, New York City, NY real estate market has seen decrease in the number of listings by 3.4%. In January 2025 median list price was $862,270 and the average listing age was 79 days.