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    25 Lacon Ct Brooklyn, NY 11229

    For Sale
    $3,750,000

    Prime waterfront land, 45,200 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Brooklyn investment opportunity presents a thriving marina and yacht club situated on a substantial 45,200 square foot parcel of land in Kings County. The property boasts 25-30 boat slips, accommodating vessels up to 50 feet in length, along with 10 jet ski slips. Ample parking is available with capacity for 100 vehicles. Operational assets include a marina forklift, a marina travel lift, and five sea containers, all contributing to the smooth operation of the existing business. The property's significant size and existing infrastructure offer considerable potential for expansion and growth, making it an attractive proposition for investors seeking a high-return waterfront asset. The asking price for this unique property is $3,750,000. Located at 25 Lacon Court, Brooklyn, NY 11229, this property presents a rare chance to acquire a well-established marina and yacht club with significant upside potential. The property's prime location and existing infrastructure provide a solid foundation for future development and expansion.

    Property Features for 25 Lacon Ct

    General Information

    Property type
    Land

    HighLights

    • Thriving marina and yacht club on a 45,200 sq ft Kings County lot.
    • 25‑30 boat slips (up to 50ft vessels) plus 10 jet ski slips.
    • 100‑car parking lot.
    • Operational assets include a forklift, travel lift, and five sea containers.
    • $3,750,000 asking price.
    • Located at 25 Lacon Court, Brooklyn, NY 11229.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paradise Marina and Yacht ... Marina Bay Cruise Boat Tour Agency

    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
    -73.930375
    Latitude
    40.590106

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    FAQs

    What type of property is this?
    Land - Prime waterfront land, 45,200 sq ft.
    Where is this land located?
    The property is located at 25 Lacon Ct Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Thriving marina and yacht club on a 45,200 sq ft Kings County lot.; 25-30 boat slips (up to 50ft vessels) plus 10 jet ski slips.; 100-car parking lot.
    Request Owner's contact information
    25 Lacon Ct Brooklyn, NY 11229
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    Brooklyn, NY 11229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25 Lacon Ct Brooklyn, NY 11229
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