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A blog for breaking sales and neighborhood real estate news.

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.

Click here for full press release.

Neighborhoods: Coney Island