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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    25 Lacon Ct, Brooklyn, NY 11229

    Property ID
    US63-0204937
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    UPID US63-0204937
    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
    Current use
    Occupant on record · Public records
    • Paradise Marina and Yacht Club Marina
    • Bay Cruise (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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