2325 Mermaid Avenue

Coney Island

$1,200,000
Price
4
Beds
4
Baths
3,246 Sq. Ft.
$370 / Sq. Ft.
3,246
Sq. Ft.
$370
per Sq. Ft.

Description

Calling all investors and buyers. Don’t miss out this great investment opportunity! All brick 1 store + 4 family attached building in Coney Island neighborhood. 1st floor: retail/fast food store, lease to 8/2022. store owner pays 1/3 of tax and his own water, hot water, heat, and electricity. 2nd and 3rd floor are all 1 bedroom and 1 full bath apartment. Total 4 apartments are vacant. Sell As Is. A Must See!Calling all investors and buyers. Don’t miss out this great investment opportunity! All brick 1 store + 4 family attached building in Coney Island neighborhood. 1st floor: retail/fast food store, lease to 8/2022. store owner pays 1/3 of tax and his own water, hot water, heat, and electricity. 2nd and 3rd floor are all 1 bedroom and 1 full bath apartment. Total 4 apartments are vacant. Sell As Is. A Must See!

Amenities

  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise

Location

Listing Courtesy of RE/MAX Edge
Add your commute
LISTING UPDATED: 04/25/2024 02:17 PM

Property Details for 2325 Mermaid Avenue

StatusActive
MLS ID471035
Days on Market471
Taxes$5,787 / year
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1930
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

2325 Mermaid Ave

5 Units3 StoriesBuilt in 1930

Location

Listing Courtesy of RE/MAX Edge
Add your commute

Building Information for 2325 Mermaid Avenue

Stories3Residences5Year Built1930Lot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$7,031 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$482

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2325 Mermaid Avenue

Summary
Location and General Information
  • Block: 7015
  • Number Of Stories: 1
  • Cross Street Name: West 23rd Street
  • Zoning: R6
  • Roof: Other
  • Water Front Present YN: No
Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 5787.0
Property
Lot Information
  • Lot Dimensions: 20x100
  • Sq Ft Total: 3246
  • Yard: None
  • Lot Number: 49
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Water
  • Heating Fuel: Gas
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: None
  • Commercial Features Interior: None
  • Foundation Details: Poured Concrete, Slab Concrete, Other
  • Flooring: Linoleum, Tile
  • Unit Count: 5
  • Lavatories: None
  • Construction Materials: Block, Other
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1100.0
  • Building Length: 55.0
  • Building Type: Attached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 2903.0
  • Unit Floor: Ground
  • Unit Sq Ftper Unit: 1100.0
  • Unit Status: Leased
  • Unit Unit Type: Restaurant
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 2F
  • Unit Rooms Total: 3
  • Unit Status: Vacant
  • Unit Unit Type: 1 Bedroom
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 1 Bedroom
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 3F
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 1 Bedroom
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 3R
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 1 Bedroom
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Certificate Of Occupancy YN: Yes
  • Owner Occupied: No

Property History for 2325 Mermaid Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2325 Mermaid Avenue

Taxable ValueLand$95,850Additions$67,050Total$162,900
Home Facts
Total Finished SqFt3,246 SqFtLot Size1,966 SqFtYear Built1930ZoningR6APN3070150049

Schools near 2325 Mermaid Avenue

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 329 Surfside
PublicPK to 5

Is 228 David A Boody
Public6 to 8

Liberation Diploma Plus
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2325 Mermaid Avenue is a mixed use property for sale in Coney Island. This property was listed for sale on January 10, 2023 by RE/MAX Edge, it's currently listed at $1,200,000. This listing's school district is Nyc Geog District #21 - Brooklyn. Nearby schools include P.S. 329 Surfside, Is 228 David A Boody and Liberation Diploma Plus. 2325 Mermaid Avenue is a 4-bed, 4-bath, 3,246 sqft mixed use property built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Edge

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.