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Coney Island

1604 Mermaid Ave, Brooklyn, NY 11224

Welcome to a remarkable mixed-use building located in the vibrant Coney Island neighborhood of Brooklyn. This corner property features a substantial footprint of over 13,000 square feet, accommodating 13 residential units alongside two commercial spaces. Each of the well-designed two-bedroom apartments benefits from natural light, thanks to three exposures and windows in every room, including the kitchen and bathroom. The building has seen numerous upgrades over the years, enhancing its electrical systems, windows, roof, walls, ceilings, and security features. Situated on a lot of 39 by 100 feet, the property is zoned under R7A, offering potential for further development. With an impressive current rent roll and a strategic location amidst ongoing revitalization efforts, this building represents a unique investment opportunity. Conveniently located at the intersection of West 16th Street and Mermaid Avenue, it is poised to capitalize on the dynamic growth of the surrounding area.

Total Units: 1

For Sale: 0

For Rent: 0

Building type: Semi-Detached

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Coney Island

1604 Mermaid Ave, Brooklyn, NY 11224

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