A development site at 2765-2773 West 16th Street located between Neptune Avenue and Hart Place in Coney Island, Brooklyn was sold in an all cash transaction valued at $1,400,000.
This site, which is approximately 12,000 square feet, was currently improved by a 16’ x 48’ two-story building being used for a commercial business and apartment. There is approximately 23,800 buildable square feet of commercial/manufacturing use and approximately 57,120 buildable square feet for community use. The property benefits from its close proximity to the Belt Parkway, Cropsey Avenue, Neptune Avenue and public transportation.
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Neighborhoods: Coney Island