1 Merit Court, New York, NY, 11229
$1,400,000
activeLot Size
9,569 sqft
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Waterfront opportunities like this don't come twice. Tucked along the serene shores of Gerritsen Beach, 1 Merit Court is a one-of-a-kind 4,200 sq ft marina and event hall sitting on 88 feet of prime deep-water frontage — a combination virtually impossible to find anywhere in Brooklyn today. The property arrives fully loaded: 19 deep-water boat slips generating $60,000 in annual income, 19 parking spaces, soaring 17-foot ceilings, a full commercial kitchen, indoor bar, patio, 240-amp power, central air, and a steel Navy bulkhead with 25–30 years of remaining life. A private gated entry completes the picture. But the real story is what this land can become. Zoned R4-1, the site offers approximately 9,570 buildable square feet — expandable to over 14,000 sq ft with a community facility — opening the door to two and three-family residences or a boutique condominium development steps from the water. Whether you're a developer eyeing a rare waterfront build, an investor drawn to the income stream, or an end-user ready to plant your flag in one of Brooklyn's most unique neighborhoods — this property checks every box. Low property taxes, strong zoning, and multiple exit strategies make the math easy. Opportunities like this don't wait. Call and schedule a private tour! **The information provided is deemed reliable but not guaranteed, including square footage, dimensions, zoning, income figures etc. All data should be independently verified. Keller Williams NYC assumes no liability for errors or omissions. Prospective buyers and investors are encouraged to consult their own legal, financial, and zoning professionals prior to making any decisions.
Listed by Klevis Metani, Keller Williams NYC
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of May 1, 2026, 7:55 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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