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1962 Coney Island AvenueBrooklyn, NY 11223

For Sale

$1,998,000

Smart Buyer Rebate $24,975

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.

Listed by Li Li

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B Square Realty

·

646-889-9988

Listed by Jin T. Huang

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B Square Realty

Last updated October 05, 2026

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Source: OneKey #1057380

Listing Facts

  • TypeMulti-family
  • NeighborhoodSheepshead Bay
  • Bedrooms7
  • Bathrooms3
  • Days on Prevu30
  • Taxes$12,768.8/year

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

10/01/2026
Listed by B Square Realty
$1,998,000
  1. 10/01/2026$1,998,000
    Listed by B Square Realty

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$19,980
Title Insurance
$8,991
Bank Attorney
$1,500
Mortgage Recording Tax
$30,769
Other Closing Costs
$4,000
Total
$69,240

Estimated closing costs are based on the list price of $1,998,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1962 Coney Island Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1931
  • Construction Materials: Brick

Measurements

  • Building Area Total: 3,300
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Square Feet: 2,000

Financial

Taxes

  • Parcel Number: 06642-0016
  • Tax Annual Amount: $12,768.80
  • Tax Year: 2026

Interior

Features

  • Interior Features: Other

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7

Schools

Elementary School

  • Elementary School: Ps 238 Anne Sullivan
  • Elementary School District: Brooklyn 21

High School

  • High School: Edward R Murrow High School
  • High School District: Brooklyn 21

Middle or Junior School

  • Middle Or Junior School: Edward R Murrow High School
  • Middle Or Junior School District: Brooklyn 21

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Baseboard, Forced Air, Hot Water, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 3 bathrooms in this multi-family home at 1962 Coney Island Avenue.

What schools are nearby to 1962 Coney Island Avenue?

Nearby schools include the Ps 238 Anne Sullivan Elementary School, Edward R Murrow High School Middle School, and Edward R Murrow High School.

What are the annual taxes for 1962 Coney Island Avenue?

Annual taxes for this multi-family home are estimated at $12,768.

How does 1962 Coney Island Avenue compare to other multi-family homes in Sheepshead Bay?

This multi-family home is listed 52% above the average price for multi-family homes in Sheepshead Bay and has been on the market for 67 less days than the typical home in this area.

1962 Coney Island Avenue is a 7-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11223. Listed on Prevu for 30 days at $1,998,000. This residence is located in Sheepshead Bay. The median listing price for multi-family homes in this area is $638,250. Nearby schools include Ps 238 Anne Sullivan Elementary School, Edward R Murrow High School Middle School, and Edward R Murrow High School. The home offers air conditioning. View other multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.