2845 Coney Island Ave
Brooklyn, NY 11235
2845 Coney Island Avenue · Retail Property For Sale
PROPERTY FACTS
ABOUT 2845 CONEY ISLAND AVE , BROOKLYN, NY 11235
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a NNN leased corner retail building located at the southeast corner of Coney Island Avenue and Avenue Z. The single story plus lower level building features 12' ceiling heights and consists of 10,000+ square feet on the ground floor with a 10,000+ square foot lower level. It is NNN leased to Corner Z Supermarket until August 2021 who pays $710,947 per year with annual increases. The lease can be terminated by the landlord with 180 day's notice allowing for a purchaser to capitalize immediately on the upside of leasing to a high credit tenant. The property possesses 100' of frontage on Avenue Z, 200' of frontage on Coney Island Avenue, and 30 parking spaces. The intersection in which the property is located sees daily vehicle traffic in excess of 27,000 cars per day. It is ideally located in close proximity to high density residential developments, including Muss Development and AvalonBay's proposed 30-story residential tower and The Vue, a new 58-unit condo building. Brooklyn
PROPERTY TAXES
| Parcel Number | 07454-0001 | Improvements Assessment | $1,563,300 |
| Land Assessment | $413,550 | Total Assessment | $1,976,850 |
