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1 Merit Ct Brooklyn, NY 11229

For Sale
$1,399,000

Residential - Brooklyn, NY

Type:Single Family Residence
Property size:
4,200 SF
Lot size:
0.22 Acres
Days on Market:
54
Last Refresh:
Dec 7 at 10:06 pm

Property Features for 1 Merit Ct

General Information

Property type
Commercial Sale
Property subtype
Single Family Residence
Standard status
Active
Zoning
R4-1
Size
4,200 SF
Lot size
0.22 Acres

Utilities

Heating system
Baseboard, Natural Gas
Water front features
Waterfront
Water front
1

Building Details

Year built
1920
Floors in Building
2
Flooring type
Tile
Roof type
Flat
Architectural style
Other

Madison Estates & Properties (718) 645-1665

Listing agent Charles D'Alessandro (718) 645-1665

Listing date Oct 15, 2025

MLS# 496625 Listing URL

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.


Overview

Waterfront Development Opportunity in Brooklyn

This property presents a rare waterfront development opportunity in Gerritsen Beach, Brooklyn. It features an approximately 4,200 square foot building situated on an 88-foot waterfront lot. The property includes 20 deep-water boat slips, generating an income of $60,000. Additionally, there are 19 parking spaces and a private gated entry. Currently, the property is improved with an event hall and marina, a full commercial kitchen, an indoor bar, and a patio. It is equipped with 240 amp power, central air conditioning, a tin roof, and a steel Navy bulkhead. The property is zoned R4-1, which allows for multiple two- and three-family residences or a potential boutique condominium development. This zoning permits approximately 9,570 buildable square feet, potentially exceeding 14,000 square feet with a community facility. This 0.219-acre lot offers builders and developers a waterfront parcel with strong zoning and multiple exit strategies.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.926588
Latitude
40.588043

FAQs

What type of property is this?
Commercial land - Rare waterfront property with income-producing boat slips and development potential.
Where is this commercial land located?
The property is located at 1 Merit Ct Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: - Rare 88-foot waterfront development opportunity in Gerritsen Beach.; - Zoned R4-1, allowing for multiple two/three family residences or boutique condominium development (approx. 9,570-14,000 buildable sf).; - Includes 20 deep-water boat slips generating $60,000 annual income.
More about this property
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