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Listed price in listed location currency (USD).
$1,400,000

000

MLS® 993758

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $232
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 993758

Property Address: 1 Merit Ct, Brooklyn, NY, 11229-6019

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number993758
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFinished, Full
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2026List Date
$1,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 Merit Ct, Brooklyn, NY

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