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ERG Sells Three-Story Mixed-Use Building in Brooklyn

ERG Property Advisors is pleased to announce the availability of 711 Coney Island Avenue, located in the Kensington section of Brooklyn, NY.  This partially-completed development site is situated between Cortelyou Road and Slocum Place.
 
The asking price for the property is $1,300,000. The development site is comprised of a three-story cement building which is 60% completed. The property is located on a 2,650-square-foot lot and has 7,950 square feet of buildable square footage.
 
Currently, the final use of the building is open to many possible scenarios. Although this is a commercial building, it is also zoned for residential use. It can be used as a retail location, an office building, a community center or a school. The property can also be built out to accommodate many available government programs.
 
The property is conveniently located within a five-minute walk to the Q train at the Cortelyou Road and Beverley Road stops. It is in close proximity to busy Cortelyou Road which offers a variety of establishments, including restaurants the Farm on Adderley, Picket Fence, Sycamore, Purple Yam and Mimi’s Hummus.
 
For more information about this property, please contact Michael Guarino Sr. at (646) 253-0907 or mrg@ergpa.com.
 
 
About ERG Property Advisors
 
ERG Property Advisors is a full-service commercial real estate brokerage company based in New York City. Its core activities are investment sales and strategic consulting. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles.  Visit www.ergpa.com for recent deals and press coverage. 



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