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    OFF-MARKET
    Commercial real estate

    1 Merit Ct, Brooklyn, NY 11229

    2,100 SF
    Property ID
    US63-1481608
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 2,100 square foot special purpose commercial property located at 1 Merit Court in Brooklyn, New York, zip code 11229. Situated on a 9,520 square foot lot, this property boasts a stunning waterfront marina location. The building itself is exceptionally well-maintained, described as spacious and clean. The marina features multiple docks in excellent condition, each equipped with readily available electricity and water hookups. The high ceilings, ranging from 11 to 15 feet, offer ample space and versatility. The asking price for this unique property is $1,999,999. This presents a rare chance to acquire a turnkey waterfront commercial property with significant potential for various uses, ideal for those seeking a lucrative investment in a desirable Brooklyn location. The property is categorized as Commercial, Other, and is ready for immediate use or further development. Its prime location and excellent condition make it a highly attractive investment opportunity. The Kings County location offers easy access to various transportation routes and amenities.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,100 SF
    UPID US63-1481608
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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