2 years on rocket

755 Coney Island Ave, New York City, NY, 11218

$2,499,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
Multi

Location

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755 Coney Island Ave, New York$2,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #RPLU-33421807743
StatusActive

About 755 Coney Island Ave

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.<br><br>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.<br><br>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.

Property Details

Property Features

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Christopher Cavorti
  • Agent Phone: (914) 804-7091

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

755 Coney Island Ave vs New York

928 DAYS ON ROCKET

+843 Days

$2,499,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33421807743

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Christopher Cavorti
  • Agent Phone: (914) 804-7091

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,559

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4466021
6
/10

  • P.S. 139 Alexine A. Fenty School

  • 330 Rugby Rd

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-4466022
6
/10

  • P.S. 217 Colonel David Marcus School

  • 1100 Newkirk Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-4466023
4
/10

  • P.S. 889 Brooklyn

  • 21 Hinckley Pl

  • 0.43 miles

  • Public District Grades PK-KG

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,822. Residents of New York, NY typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11218›755 Coney Island Ave

This home is located at 755 Coney Island Ave in New York City, NY and zip code 11218 in the Ditmas Park neighborhood. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 03, 2022 and is currently priced at $2,499,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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