1502 Mermaid AVE, Brooklyn, NY 11224
1502 Mermaid AVE, Brooklyn, NY 11224
1502 Mermaid AVE, Brooklyn, NY 11224
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$1,575,000

$1,900,000

17.1%
Est.Price: ?

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Est. payment /mo

3,360 SqFt


SOLD DATE : 04/16/2026

Key Details

Sold Price $1,575,000

Property Type Commercial

Sub Type Tax Payer

Listing Status Sold

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $468

MLS Listing ID 488804

Sold Date 04/16/26

Annual Tax Amount $17,795

Property Sub-Type Tax Payer

Property Description

Coney Island-Tax Payer, 4 stores (2 stores are current location for Sneaker Town, next store is Best Choice Cleaners and fourth store is vacant) very favorable R7A with C2-4 commercial overlay zoning with 13,440 buildable residential sq. ft. (FAR 4)-verify with architect, stores can be delivered vacant at closing, prime location with high demand for commercial rentals in the area, potential monthly rent between $12,500-$15,000, also perfect for a builder looking to take advantage of this corner lot in a super hot area, awesome 1031 exchange property, please don't disturb commercial tenants, opportunity knocks!!

Location

State NY

County Kings (brooklyn)

Area Coney Island

Zoning R7A-C2-4

Rooms

Basement None

Interior

Interior Features Kitchen, Restrooms - Staff

Exterior

Roof Type Flat

Present Use Land,Retail

Building

Foundation Poured Concrete

Others

Financing 1031 Exchange,Bank Mortgage,Cash

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Listed by Ben Bay Realty Co of Bay Ridge
Bought with Ben Bay Realty Co of Bay Ridge
Nearby Locations
Josh Luberisse
Josh Luberisse

Agent | License ID: 10401377519

+1(323) 974-2911 | joshluberisse@gmail.com

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