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$2,200,000 Just Listed
Property Description
**SHOWINGS BY APPOINTMENT ONLY**Exceptional investment opportunity in the heart of Brighton Beach! This fully renovated legal four-family building offers the perfect combination of strong income potential, flexibility, and turnkey ownership.The property consists of four well-maintained residential units: one spacious two-bedroom apartment, two one-bedroom apartments, and one studio apartment. The entire building has been extensively renovated and brought up to code, allowing the next owner to step in without the need for additional capital improvements.All major systems and renovations have been completed, making this a true turnkey investment. The current tenants are on month-to-month leases with rents below current market value, providing an excellent opportunity for future income growth. Whether you're looking to maximize rental income over time or occupy one or more units, this property offers exceptional flexibility.The building can be delivered with the existing tenants in place for immediate cash flow or vacant, depending on the buyer's preference.Located in one of Brooklyn's most desirable neighborhoods, you'll enjoy close proximity to Brighton Beach, the boardwalk, public transportation, shopping, restaurants, schools, and all the conveniences the area has to offer. Whether you're an investor seeking long-term appreciation or an owner-occupant looking for additional rental income, this is a rare opportunity in a highly sought-after location.**All showings are by appointment only. All prospective buyers must provide a mortgage pre-approval letter or proof of funds prior to scheduling a viewing.**
Full Property Details
Full Property Details for 3129 Coney Island Ave
General
- Price: $2,200,000
- Taxes: $12,833
- Status: Active
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20103420
- Updated: 7/14/2026
- Added to Site: 4 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: See Remarks
Additional Information
- Equipment: Intercom
Exterior
- Exterior Features: Private Outdoor Space Under 60 Sqft
- Porch/Patio/Deck: Patio
Location
- County: Kings
- Subdivision: Brighton Beach
- Cross Streets: Ocean View Avenue/Coney Island Avenue
Community
- Pets Allowed: Yes
Structural Information
- Architectural Style: Prewar, Walk-Up
- Structure Type: Multi Family
- Stories/Levels: 2
- Square Feet: 2,160
- Living Area: 2,160 Sq. Ft.
- Year Built: 1932
Lot Features
- Lot Size: 1440
- Lot Dimensions: 18.00 x 80.00
Financial Considerations
- Tax Amount: $12,833
Disclosures and Reports
- Property ID: 08706-0047
- Block: 8706
- Lot Number: 47
Listing Courtesy of Keller Williams Realty Empire
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Schools
Schools serving 3129 Coney Island Ave
School District:New York City Geographic School District 21
| Name | Grades | Distance |
|---|---|---|
Ps 225 The Eileen E Zaglin 1075 Ocean View Avenue, Brooklyn, NY 11235 | PK-5 | 0.2 mi |
Abraham Lincoln High School 2800 Ocean Parkway, Brooklyn, NY 11235 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3129 Coney Island Ave
Date
Details
Price
Change
Source
7/10/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3129 Coney Island Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,833
—
$295,200
188%
2025
$12,833
3%
$102,662
-50%
2024
$12,427
8%
$205,200
-2%
2023
$11,509
10%
$209,700
20%
2022
$10,461
8%
$174,600
-15%
2021
$9,691
-2%
$205,200
-4%
2020
$9,850
3%
$214,200
—
2019
$9,537
14%
$214,200
202%
2017
$8,343
—
$70,812
8%
2017
$8,343
6%
$65,598
8%
2016
$7,835
—
$60,772
—
2015
$7,826
4%
$60,747
3%
2015
$7,561
12%
$58,815
8%
2013
$6,778
—
$54,471
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3129 Coney Island Ave
3129 Coney Island Avenue, Brooklyn, NY 11235 (MLS# RLS20103420) is a Multi-Family property with 0 units containing 5 bedrooms and 4 full bathrooms. 3129 Coney Island Avenue is currently listed for $2,200,000 and was received on July 10, 2026. Want to learn more about 3129 Coney Island Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.
