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$ 3,199,000
Est. payment /mo
New
3108 Mermaid Ave Brooklyn, NY 11224
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $799
MLS Listing ID 12053794
Year Built 1935
Annual Tax Amount $28,762
Tax Year 2026
Lot Size 4,000 Sqft
Property Description
Industrial / Retail / Investment Opportunity | Coney Island Positioned along Mermaid Avenue, the primary commercial thoroughfare of Coney Island, 3108-3112 Mermaid Avenue presents a rare opportunity to acquire a versatile 4,000 SF commercial property in one of Brooklyn's most active waterfront neighborhoods. The single-story building offers flexible occupancy options for owner-users, investors, and developers alike, with approximately 9,700 buildable square feet providing significant future redevelopment potential. Property offers the ability to generate immediate income while preserving long-term upside. Its strategic location near the Coney Island-Stillwell Avenue transportation hub, serving the D, F, N, and Q subway lines, places the asset within minutes of the beach, boardwalk, entertainment attractions, and a growing residential population. Available for immediate occupancy, leasing, or investment acquisition Potential to divide space into approximately 2,000 SF units for multi-tenant use Ideal opportunity for owner-users, investors, or developers Strong local consumer base supported by dense surrounding residential neighborhoods Seasonal destination traffic driven by the beach, boardwalk, amusement district, aquarium, and Maimonides Park Established commercial corridor with consistent foot traffic and neighborhood-serving businesses Benefiting from ongoing public and private investment throughout the greater Coney Island redevelopment area.
Location
State NY
County 36047
Rooms
Dining Room 0
Kitchen 0
Exterior
Garage Spaces 6.0
Building
Story 1
Structure Type Masonry - Brick
Tenisha Davis, Licensed Real Estate Broker
Licensed Real Estate Broker - GRI, ABR, CBR, SFR, SRS - Notary Public