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3815 Seagate Ave, Brooklyn, NY 11224

Listed Price: $895,000
Sold Price: $700,000
5 Bed / 8.5 Bath , 5,211 Sq Ft · Multi-Family

-Mind boggling investment opportunity in Seagate! With most investment properties returning 6, this 10 - family investment âwhopper-tunityâ offers a Cap-Rate of 7.3! Just a couple of short blocks to the water, with the added assurance of 24-hour police security, this parcel, priced well below $1 million, at $895,000 is an investorâs dream and the timing couldnât be better as real estate in Coney Island and surrounding areas continues to explode! This tremendous 24 room Victorian mansion has its very own 36 foot in-ground swimming pool and rests on a 12,000 square foot lot boasting endless possibilities including 6 entirely separate parcels of land that could be developed exclusively! With immediate access to the private beach, private fishing memberships for all residents and an enormous private lawn with a childrenâs playground, lined with grape vines and apple trees, this property is one-of-a-kind! - If you are looking for an astounding investment opportunity, your search ends here!

Building type: Detached

Residential Features:

  • Dryer
  • Fireplace
  • Laundry Area
  • Patio Garden
  • Pool
  • Porch
  • Terrace
  • Washer
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All listings are subject to errors, omissions, price change, withdrawal and sale without notice.
Data source copyright: © 2026 BROOKLYNMLS USA. All rights reserved.
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