3139 Coney Island Ave

Brighton Beach, Brooklyn | Ocean View Ave & Brighton 10th Street

2,880 Square FeetMixed Use

$1,799,000

floors / apts2 / 1

Lot Size20'x78'

Built Size20'x72'

ZoneR6

Building TypeLow-Rise

RE Taxes$6,031

Price Per SF

$625

Outdoor space and views

Patio
Terrace

Property Description for 3139 Coney Island Ave

Extremely rare, and well-maintained, mixed-use corner building (built 20'x72') with private parking. The ground floor contains 3 retail units, all occupied by long-term tenants. The entire 2nd level features an enormous 2bd/2ba residential unit that's fully vacant and measures 1,200 square feet. One of the most unique and welcome features of this building is a large terrace off of the apartment living room. From the terrace there's also a staircase leading up to the brand-new roof where you can potentially make use of an additional 1,500 square feet of outdoor space. There's also a vacant, unfinished, full basement with high ceilings and a separate entrance offering the flexibility of additional income, or for use with the residential unit to combine for nearly 2,500 square feet of indoor space for the next owner/occupant. This building truly is a rare opportunity where someone's creativity and unique individual needs can be accommodated. All tenants are current with their rent and would be happy to sign new leases. This is a perfect opportunity for owner/operators and investors alike. The location offers unmatched visibility for the already busy area with consistently high vehicular and foot traffic passing by. Located just minutes from the beach, Boardwalk, and the always bustling Brighton Beach Avenue, the location also features very easy access to the Belt Parkway as well as the B & Q subway lines. When combined with the solid tenants, reliable income, and generous R6 zoning, the potential for this perfectly priced investment property simply cannot be beat. Listed Exclusively. PLEASE DO NOT APPROACH THE TENANTS.

Listing History for 3139 Coney Island Ave

Now

08/22/2026

POM by Louis Calemine

Calemine & Co

08/10/2026

$1,799,000 [-$100,000] [5.3%]

Price Drop by Louis Calemine

Calemine & Co

Building Details for 3139 Coney Island Ave

OwnershipMixed Use

Building TypeLow-Rise

AgePre-War

AccessWalk-up

Year Built1930

Floors/Apts2/1

Learn More About the Building

Brighton Beach | Brooklyn

Quick Profile

Once known by the nickname “Little Odessa,” due to the large number of Russians and eastern Europeans that settled in the area, Brighton Beach is a delightful seaside town that has a lot to offer its residents. Take a walk through Brighton Beach and find a plethora of traditional ethnic restaurants offering Russian cuisine, as well as food markets where you can find the specialized ingredients to prepare these dishes in your own kitchen.

Brighton Beach provides a much calmer beach and boardwalk experience than nearby Coney Island, and you will find more locals than tourists at the locally owned markets, shops, attractions, and even at the ritzy nightclubs. The area was originally developed as a refuge for the wealthy, so they could flee the heat of the NYC streets. There were luxury hotels and even a racetrack at one time.

Now the area is filled with large apartment buildings, many offering ocean or boardwalk views. The area was immortalized by Neil Simon in his play, Brighton Beach Memoirs. If you walk through the neighborhood, you might get the feeling that you have been transported back to the New York of the 1930s, as the appearance of the neighborhood hasn’t changed all that much in the intervening years.

Living at or near the beach, which is free to the public, offers many opportunities for both relaxation and entertainment. City dwellers are rediscovering this little oceanside gem and are moving into the area in search of affordable housing and a more laid back pace of living. Although it might seem very far from the chaos and noise of Manhattan, there are two subways that make for an easy commute, so it is possible to work in the City and live at the beach.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

OLR ID: 100117TH

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