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1502 Mermaid Ave 0.08 Acres of Commercial Land Offered at $2,199,000 in Brooklyn, NY 11224



INVESTMENT HIGHLIGHTS
- Corner Exposure
- Close to public transit
- High Traffic Area
- Prime Brooklyn Location
EXECUTIVE SUMMARY
Coney Island-40'x84' Lot (current location for Sneaker Town and Best Choice Cleaners) very favorable R7A with C2-4 commercial overlay zoning with 13,440 buildable residential sq. ft. (FAR 4)-verify with architect, stores will be delivered vacant at closing, prime location with high demand for housing in the area, perfect for a builder looking to take advantage of this corner lot in a super hot area, awesome 1031 exchange property, please don't disturb commercial tenants, opportunity knocks!!
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot 7063
| Price | $2,199,000 | Lot Size | 0.08 AC |
| Price Per AC | $28,508,459.19 |
| Price | $2,199,000 |
| Price Per AC | $28,508,459.19 |
| Lot Size | 0.08 AC |
Coney Island-40'x84' Lot (current location for Sneaker Town and Best Choice Cleaners) very favorable R7A with C2-4 commercial overlay zoning with 13,440 buildable residential sq. ft. (FAR 4)-verify with architect, Block #7063 Lot #9
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Walk Score®
Walker's Paradise (91)
Transit Score®
Rider's Paradise (100)
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1502 Mermaid Ave
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