Coney Island, Brooklyn
Between West 21st and 22nd Streets
Asking Price
$1,650,000
Block / Lot
7058 / 5
Gross Lot Sq. Ft.
3,402 SF (approx.)
Lot Dimensions
39' x 100' (approx.)
Type
Mixed-Use
Stories
6
Residential SF
11,938 SF
Commercial SF
2,308 SF
Community Facility SF
3,223 SF
Total SF
17,469 SF (approx.)
Residential Units
10
Recreation Space SF
386 SF
Zoning
R6, C1-2
Street Width Class
Wide
FAR Residential (As-of-Right)
3.00
FAR Commercial
2.00
FAR Community Facility
4.8
Buildable SF (As-of-Right)
10,206 SF (approx.)
RIPCO Investment Sales has been exclusively retained to arrange for the sale of 2116-2118 Memmaid Avenue in the Coney Island neighborhood of Brooklyn, New York.
The mixed-use development site is conveniently located blocks away from the revitalized Coney Island Beach and Boardwalk. The site has approved plans for a six story, 17,470 SF multi-use building. This building plans to feature 2,308 SF of Commercial space, 3,223 SF of Community Facility space, and 10 Residential units totaling 11,938 SF. The development site is zoned R6 with a C1-C2 overlay and boasts approximately 39 FT of frontage potential along Mermaid Avenue. Nearby local tenants and national retailers include Dunkin’ Donuts, McDonalds, Applebee’s, Chase Bank, Bank of America, Rita’s Italian Ice, MCU Park, Luna Parks and Coney Island’s own Nathan’s Famous.
The site is situated near Surf Avenue and the Belt Parkway, providing nearby access to all of Brooklyn as well Manhattan, Queens, Long Island, New Jersey and all major airports. The area is also serviced by the Coney Island-Stillwell Ave subway station and lines as well as the B36, B74, B82, BX28 and BX38 bus lines.
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