Rare waterfront development opportunity in Gerritsen Beach

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Commercial For Sale

1 Merit Court

Brooklyn, New York 11229

Kings (Brooklyn) County

Waterfront: Yes

Community: 

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$1,399,000 0 br, 0.0 bath 4200 sq. ft. 0.220 acres

Rare waterfront development opportunity in Gerritsen Beach. Property features approx. 4,200 sf building on an 88 foot waterfront lot with 20 deep-water boat slips that brings in $60,000 income, 19 parking spaces, and has a private gated entry. Currently improved with event hall/marina, full commercial kitchen, indoor bar, patio, 240 amp power, CAC, a tin roof, and steel Navy bulkhead. Zoned R4-1, allowing for multiple two and three family residences or potential boutique condominium development (approx. 9,570 buildable sf, up to over 14,000 sf with community facility). Excellent investment for builders and developers seeking a rare waterfront parcel with strong zoning, long bulkhead life, low property taxes, and multiple exit strategies. Call Today for a private tour.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 4200
  • Year Built: 1920
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Baseboard, Natural Gas
  • Garage: 
Exterior:
  • Lot Size: 0.220 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Flat
  • Property Taxes: $8,882
  • MLS #: 496625
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Contact Information:
Beach Commercial For Sale in Brooklyn, New York
Listing Agent: Charles D'Alessandro, Madison Estates & Properties, 718-645-1665, 718-645-1665 Listing Site, Listing Status: Active
Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6725346
Viewed 43 times.
Updated: Oct 20, 2025

This property is a Commercial located at 1 Merit Court, Brooklyn, New York 11229, and is currently For Sale at $1,399,000. This Commercial has 0 bedrooms, 0.0 baths, 4200 sq ft.