Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

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

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

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

Price	$2,199,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Hotel Storefront, Retail or Residential
No. Lots	1	Total Lot Size	0.08 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R7A with C2-4 - R7A with C2-4 commercial overlay zoning with 13,440 buildable residential sq. ft. (FAR 4)-verify with architect

Price	$2,199,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Hotel Storefront, Retail or Residential
Total Lot Size	0.08 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R7A with C2-4 - R7A with C2-4 commercial overlay zoning with 13,440 buildable residential sq. ft. (FAR 4)-verify with architect