3610-3614 Neptune Avenue

3610–3614 Neptune Avenue represents a rare, fully leased office investment in Brooklyn’s vibrant Coney Island corridor. Constructed in 1920 and meticulously maintained over the decades, this two-story building delivers 5,640 rentable square feet on a 4,500-square-foot lot, generating an in-place net operating income of $255,601. Positioned for immediate cash flow, the asset is ideally suited for an owner-user or institutional investor seeking a stabilized property. Pricing is available upon request to qualified parties.

Strategically located just steps from the iconic Coney Island boardwalk, the property benefits from year-round local demand and strong tourism-driven commerce. Tenants and visitors enjoy seamless access via the adjacent Neptune Avenue subway station and multiple bus lines, while a dense mix of retail, entertainment venues and dining establishments sustains consistent foot traffic and supports long-term tenant retention.

R5 zoning with a Residential FAR of 1.5 and Facility FAR of 2.0 provides substantial upside for redevelopment or expansion. Investors may continue the existing creative/co-working and medical office configuration or pursue adaptive reuse — from R&D and executive suites to additional residential units — leveraging flexible land-use parameters to execute a range of value-add strategies.

Ideal for those seeking a stabilized, income-producing asset with strategic repositioning potential, this offering combines reliable cash flow with significant redevelopment upside in a rapidly appreciating submarket. For detailed financial packages, zoning analysis and to schedule a site tour, please contact the listing broker.