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.
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.
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.