“There are a lot of national tenants who just moved in or are about
to open doors,” says Alex Svetlakou, of the real-estate firm Massey
Knakal. “It’s near the trains, plus you’re near the ocean, near the Belt
Parkway, so logistically it’s just a great area to be in.”
estate includes the Trump Village cooperatives, where two-bedroom units
are listed for around $350,000. Single-family houses may sell for
around $400,000. Apartments in a new luxury building, the Oceanview
Condominium on West 32nd Street recently hit the market, with asking
prices ranging from $450,000 for a one bedroom to $1.1 million for the
“People are finding they can get a lot more for their
money and unique views that they wouldn’t be able to get in other
neighborhoods,” says Marcie Bachar of Warren Lewis Sotheby’s
International Realty, who is selling the Oceanview condos. In
neighboring Brighton Beach, she says, comparable apartments would
probably cost $200 to $300 more a square foot.
The median price for all residential listings in Coney Island last week was $499,000, StreetEasy.com says.