$2,199,0001502 Mermaid AvenueBrooklyn, New York, 11224

Primary Features

  • Lot Size Square Feet: 3360 sqft.
  • Property Type: Commercial Sale
  • Property Sub Type: Other

Other Features

  • Foundation Details: Poured Concrete
  • Roof: Flat
  • Utilities: n/a

Location

  • Street Address: 1502 Mermaid Avenue
  • Neighborhood: Coney Island
  • City: Brooklyn
  • State: New York
  • County: Kings (Brooklyn)
  • Postal Code: 11224
  • Zoning: R7A-C2-4

Pricing & Sale Info

  • List Price: $2,199,000
  • Tax Annual Amount: $17,795
  • MLS#: 488804
  • Last Change Timestamp: Jan 24, 2025
  • Source MLS: Brooklyn New York MLS

About This Property

Coney Island-Tax Payer, 4 stores (2 stores are current location for Sneaker Town, next store is Best Choice Cleaners and fourth store is vacant) very favorable R7A with C2-4 commercial overlay zoning with 13,440 buildable residential sq. ft. (FAR 4)-verify with architect, stores can be delivered vacant at closing, prime location with high demand for commercial rentals in the area, potential monthly rent between $12,500-$15,000, also 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!!