Updated a day ago

3129 Coney Island Ave

Brighton Beach, Brooklyn | Ocean View Ave & Coney Island Ave

5 Beds4 Baths2,160 Square FeetMulti-Family

$1,999,900
floors / apts2 / 4
Lot Size18'x80'
Built Size18'x60'
ZoneR6
Building TypeLow-Rise
RE Taxes$12,833
Price Per SF
$926

Outdoor space and views

  • Patio
  • East Exposure

Building Amenities

  • Voice Intercom

Property Description for 3129 Coney Island Ave

**SHOWINGS BY APPOINTMENT ONLY**

Exceptional LEGAL 4 FAMILY investment opportunity in the heart of Brigton Beach. This fully renovated 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 (windows, bathrooms, kitchen, electrical) 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.**

Listing History for 3129 Coney Island Ave

Now
07/10/2026
$2,200,000
Initial Price by Soranlly Adames-Lopez
Keller Williams Realty Empire
2026

Building Details for 3129 Coney Island Ave

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1932
Floors/Apts2/4
Learn More About the Building

Transit and Citi Bike

Subway

Brighton Beach
0.18 miles

Contact Agent

Contact Agent

Licensed As
Soranlly Adames-Lopez
Associate Broker
License#:
10301220786
Company:
Keller Williams Realty Empire
Soranlly Adames-Lopez
Keller Williams Realty Empire
View this property on the company's website

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: 41264TH