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Coney Island
2323 Mermaid Ave, Brooklyn, NY 11224
This mixed-use building in the vibrant neighborhood of Coney Island presents an exceptional investment opportunity. Comprising one commercial space and four residential units, the structure offers versatile potential for both business and living arrangements. Each apartment within the building is ready for renovation, allowing for customization to create luxurious living spaces. The property boasts a very low annual tax burden, making it an attractive option for both seasoned investors and newcomers alike. Located just a short distance from the iconic Coney Island Beach and the renowned Luna Park amusement park, residents will enjoy easy access to a variety of entertainment and leisure activities. With the option to select your own tenants and establish preferred heating and hot water systems, this building offers a unique chance to shape its future. The area is rapidly developing, enhancing the potential for growth and appreciation.
Total Units: 1
For Sale: 1
For Rent: 0
Building type: Attached
Commercial Features Interior:
  • Other
Parking Attributes:
  • Other
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All listings are subject to errors, omissions, price change, withdrawal and sale without notice.
Data source copyright: © 2026 BROOKLYNMLS USA. All rights reserved.
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