Question: What is a peninsular residential neighborhood, beach, and leisure/entertainment destination, that holds an annual American hot dog competitive eating competition on Independence Day at Nathan's Famous Corporation's original?
Sentence (from "Coney Island"): Coney Island is a peninsular residential neighborhood, beach, and leisure/entertainment destination on the Coney Island Channel, which is part of the Lower Bay in the southwestern part of the borough of Brooklyn in New York City.
Relevant evidence: Yes