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Commercial For Sale
1 Merit Court
Brooklyn, New York 11229
Kings (Brooklyn) CountyWaterfront:
YesCommunity:
$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
Contact Information:
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.
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

