41,082 BSF Development Site in Coney Island

For Sale

1516 Mermaid Ave, Brooklyn, NY 11224

This Brooklyn property for sale is located at 1516 Mermaid Ave. Contact the listing broker for details on the current sale price for 41,082 BSF Development Site in Coney Island. 41,082 BSF Development Site in Coney Island is situated on a lot that is 0.12 acre in size.

Contacts

Nicole Daniggelis

Ariel Property Advisors

Sean R. Kelly

Ariel Property Advisors

Stephen Vorvolakos

Ariel Property Advisors

Property Details

  • Property Type Land
  • Property Size 41,082 SF
  • Lot Size 0.12 Acre
  • Taxes / YR $13,225.00
  • Zoning R7A / C2-4
  • Year Built 1920
  • Date Updated May 19, 2026

Price: Please Inquire

Investment Highlights

• The property is in the heart of unprecedented development activity in Coney Island, which in recent years has delivered thousands of new residential units to the neighborhood
• Located on the south side of Mermaid Avenue between W 15th & W 16th Streets
• Premier development opportunity offering 41,082 BSF
• Zoned R7A / C2-4 within the Special Coney Island District, allowing for mixed-use residential project
• Strong Market Fundamentals – Nearby new developments are achieving record residential rents for Coney Island, supported by a thriving retail market
• The property is situated on one of Coney Island’s primary retail corridors, and less than 2 blocks from the Coney Island - Stillwell Av D F N Q subway train station.

 

 

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Getting around

  • 88/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 69/100

    Bike Score ®

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Location

  • City Brooklyn, NY
  • Neighborhood Coney Island
  • Zip Code 11224
  • Market Brooklyn

Points of Interest

  • Avenue X Car Service

    1.07 miles

  • 86th Street

    1.15 miles

  • Seagull Transportation

    1.54 miles

  • Avenue U

    2.13 miles

  • Bay Parkway & 66 Street

    2.52 miles

  • A-Kings Highway Car Service

    2.59 miles

  • 20th Avenue

    2.83 miles

  • 18th Avenue

    3.08 miles

  • Avenue J

    3.55 miles

  • Harbor View Car Service

    3.70 miles

  • Speedway

    0.18 miles

  • Mobil

    0.19 miles

  • Allegiance

    0.29 miles

  • Shell

    0.30 miles

  • EVgo

    0.34 miles

  • Tesla Destination Charger

    0.35 miles

  • BP

    0.44 miles

  • Citgo

    0.47 miles

  • ChargePoint

    0.73 miles

  • Sunoco

    1.04 miles

  • Bank of America

    1.69 miles

  • Petco Parking

    1.83 miles

  • Stop and Shop

    1.85 miles

  • Doody's Home Center

    1.86 miles

  • Super Stop and Shop Parking

    1.87 miles

  • Chase Bank Parking

    2.17 miles

  • Fine Fare

    2.28 miles

  • Roosevelt Savings Bank

    2.73 miles

  • CVS

    3.41 miles

  • US Postal Service

    3.53 miles

  • Best Western

    0.52 miles

  • Sleep Inn

    0.55 miles

  • Harbor Motor Inn

    1.40 miles

  • Home

    2.68 miles

  • Lighthouse Inn

    2.70 miles

  • Comfort Inn

    2.71 miles

  • Ruby & Emrys

    2.98 miles

  • avid Hotel

    3.58 miles

  • Best Western Gregory Hotel

    4.04 miles

  • Best Western Plus

    4.10 miles

  • Shop Fair Supermarkets

    0.17 miles

  • DII

    0.44 miles

  • Food Bazaar

    0.44 miles

  • NetCost Market

    0.58 miles

  • Key Food

    0.62 miles

  • Fine Fare Supermarket

    0.69 miles

  • Washington Cherry Inc

    0.75 miles

  • Big Bazaar

    0.81 miles

  • Extra Fancy Fruit

    0.88 miles

  • Vintage Food Corporation

    0.98 miles

Contact 41,082 BSF Development Site in Coney Island
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