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Irregular Mixed-Use Development Land

2118 Mermaid Avenue, Brooklyn, NY 11224

For Sale
$1,443,999

Development land on Mermaid Ave with irregular dimensions and potential for a mixed-use project with commercial and residences.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market117

Property Features for 2118 Mermaid Avenue

General Information

Standard status Active
Lot size 0.09 Acres
Property subtype Land

Additional Details

Multifamily Units 10
Listing Agency: Tiger Realty
Listed By: Yan Jin (Eva) Ye · License #YJY2488
Source: Prideestates
Added: Jul 16 Changed: Oct 30 Last Checked: Nov 8 at 5:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty

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Investment Insights

Based on property information with market context.

This parcel offers development potential in a prime Coney Island area. The lot measures irregularly, with dimensions listed as 38 x 100 x 18 x 23 x 76. The seller highlights the opportunity for a mixed-use building concept that includes lower-level commercial space, a community floor on the second floor, and 10 residential units above the second floor.

The property is located at 2118 Mermaid Ave, Brooklyn, NY 11224. Reported walk, bike, and transit scores indicate strong multimodal accessibility.

Interested parties should contact the broker for additional information on the proposed configuration and next steps for due diligence.

Key Highlights

  • Development land in the Coney Island area on Mermaid Ave with irregular lot dimensions: 38 x 100 x 18 x 23 x 76
  • Lot size totals 3,881 SF, offering space for a potential mixed‑use development
  • Potential mixed‑use plan includes lower‑level commercial with a community floor on the second floor

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,609
Businesses Nearby

Demographics for 11224, NY

46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Brooklyn

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Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Development land on Mermaid Ave with irregular dimensions and potential for a mixed-use project with commercial and residences.
Where is this commercial land located?
The property is located at 2118 Mermaid Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,443,999.
What are key features of this property?
This property features: Development land in the Coney Island area on Mermaid Ave with irregular lot dimensions: 38 x 100 x 18 x 23 x 76; Lot size totals 3,881 SF, offering space for a potential mixed‑use development; Potential mixed‑use plan includes lower‑level commercial with a community floor on the second floor
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