Development Site in Prospect Park

534-544 Coney Island Ave Brooklyn, NY

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For Sale
Contact for pricing

Premier development site in an undersupplied and growing submarket.

Type:LAND
Lot size:
0.23 Acres
Added:
Aug 4, 2025
Days on Market:
343
Last Refresh:
May 20 at 8:09 pm

Property Features for 534-544 Coney Island Ave

General Information

Standard status
Active
Lot size
0.23 Acres
Property subtype
LAND

Listing office JLL | New York City

Listing date Aug 4, 2025

Source Moodyscre

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 JLL | New York City


Investment Insights

Based on property information with market context.

The property, situated at the intersection of Coney Island Avenue and Hinckley Place in Prospect Park South, Brooklyn, is a development site with a 10,160 square foot footprint. It allows for the construction of up to 60,960 ZFA. Currently, the site is occupied by QSR NYC LLC, which owns the KFC tenant interest and makes monthly ground lease payments. The ground lease includes a 120-day demolition clause, offering developers an opportunity for redevelopment in a growing submarket.

Key Highlights

  • Premier development site in Prospect Park South.
  • Significant development potential with up to 60,960 ZFA.
  • Prime corner location at the intersection of Coney Island Avenue and Hinckley Place.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Bar & Pub Gym & Fitness Center Acupuncture Auto Parts Store Nursing Home Nursing Home

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

FAQs

What type of property is this?
Land - Premier development site in an undersupplied and growing submarket.
Where is this land located?
The property is located at 534-544 Coney Island Ave Brooklyn, NY.
What are key features of this property?
This property features: Premier development site in Prospect Park South.; Significant development potential with up to 60,960 ZFA.; Prime corner location at the intersection of Coney Island Avenue and Hinckley Place.
Contact an agent
(212) 812-5700 Call to check price and availability
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