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Prime Coney Island Land Opportunity
For Sale
$1,443,999

2118 Mermaid Avenue lot 5, Brooklyn, NY 11224

LAND - Brooklyn, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market495

Property Features for 2118 Mermaid Avenue lot 5

General Information

Property type Land
Property subtype Other
Zoning R6
Subdivision Coney Island
Standard status Active
Lot size 0.09 Acres
Listing Agency: Tiger Realty
Listed By: Yan Jin (Eva) Ye · License #YJY2488
Added: Mar 31, 2025 Changed: Apr 30 Last Checked: Aug 7 at 10:06AM
MLS# 490478

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This land for sale is located in Brooklyn, NY, specifically in Coney Island. The lot has an irregular shape with dimensions of 38 x 100 x 18 x 23 x 76, encompassing a total area of 3,881 square feet, which is approximately 0.0891 acres. The property is zoned R6. Potential plans exist for a mixed-use building on the lot, featuring a lower-level commercial space, a community floor on the second floor, and ten residential units above the second floor.

Key Highlights

  • Prime Coney Island location
  • Potential for mixed‑use building development on a 3,881 square feet lot
  • Potential for lower‑level commercial space

Property Analytics

Current Use

Commercial land

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.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Land for sale in prime Coney Island location.
Where is this commercial land located?
The property is located at 2118 Mermaid Avenue lot 5 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: Prime Coney Island location; Potential for mixed‑use building development on a 3,881 square feet lot; Potential for lower‑level commercial space
More about this property
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