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    Property profile & analytics

    2 Kay Ct Brooklyn, NY 11229

    • Commercial real estate
    For Sale
    View listing
    $1,700,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-0837659
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2 Kay Ct

    Property type
    Commercial real estate

    Description

    This exceptional waterfront property at 2 Kay Court in Brooklyn, NY, presents a unique investment opportunity. Situated on a generous 7,614 square foot lot in the desirable Kings (Brooklyn) County, zip code 11229, this property boasts a prime location on the Gerritsen Beach Inlet. Ideal for boat enthusiasts, the property includes over 32 boat slips, all equipped with readily available electricity and water. These well-maintained docks generate a substantial and consistent income stream. The R4 zoning designation offers significant development potential. The asking price for this remarkable property is $1,700,000. This single-story land parcel offers unparalleled access to the water, making it an exceptional investment for those seeking a high-return waterfront asset with established income. The property's size and location on the Gerritsen Beach Inlet provide a rare opportunity in the competitive Brooklyn real estate market. Serious inquiries are encouraged to schedule a viewing and explore the full potential of this exceptional offering.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9271185
    Latitude
    40.5878179

    Comparable in this City

    • $3,750,000

      Brooklyn Marina & Yacht Club Investment

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    • $1,399,000
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      Waterfront Development Opportunity in Brooklyn

      Rare waterfront property with income-producing boat slips and development potential.
      1 Merit Ct, Brooklyn, NY 11229
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    • $749,000
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      Brooklyn Retail Lot For Sale

      Retail lot in Brooklyn's Gerritsen Beach neighborhood.
      2672 Gerritsen Ave, Brooklyn, NY 11229
      View Details
    • $499,000

      Land in Gerritsen Beach

      Land near Sheepshead Bay, suitable for two-family house construction.
      103 Fane Ct, Brooklyn, NY 11229
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    • $1,250,000

      Waterfront Land with Dock Access

      Large Brooklyn waterfront lot with development potential and dock access.
      3 Cyrus Ave, Brooklyn, NY 11229
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      Brooklyn Land: Avenue S Gem

      Prime vacant land, 3,300 sq ft, development potential.
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    Similar Nearby for Sale

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      Brooklyn Land: Avenue S Gem

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      Brooklyn Land For Sale

      Commercial land available in Brooklyn, New York.
      1215 Avenue U, Brooklyn, NY 11229
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    • $3,750,000

      Brooklyn Marina & Yacht Club Investment

      Prime waterfront land, 45,200 sq ft.
      25 Lacon Ct, Brooklyn, NY 11229
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    • $1,399,000
      0.22 Acres

      Waterfront Development Opportunity in Brooklyn

      Rare waterfront property with income-producing boat slips and development potential.
      1 Merit Ct, Brooklyn, NY 11229
      View Details
    • $749,000
      0.05 Acres

      Brooklyn Retail Lot For Sale

      Retail lot in Brooklyn's Gerritsen Beach neighborhood.
      2672 Gerritsen Ave, Brooklyn, NY 11229
      View Details
    • $499,000

      Land in Gerritsen Beach

      Land near Sheepshead Bay, suitable for two-family house construction.
      103 Fane Ct, Brooklyn, NY 11229
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      500 SF

      Retail Space on Avenue U

      Retail space with high visibility and traffic near public transportation.
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      4,000 SF

      Kings Highway Retail Space Available

      Prime Kings Highway retail, two 2,000 sq ft spaces.
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      3,600 SF

      Prime Brooklyn Retail Space

      3,600 sq ft, High Traffic, Kings Hwy
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      Kings Highway Retail Center

      Brooklyn Strip Mall - 10,300 SF Available
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    • $29 SF/Yr
      1,500 SF

      Midwood Medical Office Space For Rent

      Prime Midwood location, fully equipped office.
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      10,300 SF

      Prime Brooklyn Medical Office Space

      10,300 SF Medical Office - For Lease
      1401 Kings Hwy, Brooklyn, NY 11229
      View Details
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    2 Kay Ct
    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
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