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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29791685
29791686

3108-3112 Mermaid Ave, Brooklyn, NY 11224

AS
10401366828
REMAX EDGE
REMAX EDGE
Listed by REMAX EDGE
$3,150,000
109 days on market
Updated 44 days ago
Opportunity zone

3108-3112 Mermaid Ave

Details
APN 07049-0008
Property Type Industrial, Mixed Use (+1)
Sub Type Pharmacy/Drug, Restaurant (+1)
Square Footage 4,000
Net Rentable (SqFt) 4,000
Units 1
Lease Type Modified
Price per SqFt $788
Class C
Year Built 1935
Year Renovated 2008
Buildings 1
Stories 1
Lot Size (SqFt) 4,000
Zoning R6
Investment Type Value Add
Occupancy Date 02/17/2026
Ceiling Height 14
Loading Docks 1
Ownership LLC

Industrial | 4,000 SqFt

Marketing description

3108–3112 Mermaid Avenue | Brooklyn, NY 11224
Retail / Investment / Development Opportunity | Coney Island

3108–3112 Mermaid Avenue is a ±4,000 SF one-story retail building located on Mermaid Avenue, Coney Island’s primary commercial corridor. The property offers approximately 9,700 buildable square feet, creating meaningful long-term redevelopment upside.

The building is currently actively listed for lease, allowing an investor to secure income, an owner-user to occupy all or part of the space, or a developer to capitalize on the site’s additional buildable potential.

Positioned near the Coney Island–Stillwell Avenue transit hub (D/F/N/Q) and minutes from the beach, boardwalk, and entertainment district, the property benefits from both strong local residential density and seasonal tourism traffic.

An opportunity to acquire a flexible retail asset suitable for owner-use, investment, or future development in a growing Brooklyn waterfront submarket.

Investment highlights

  1. Prime Coney Island Location on Mermaid Avenue, the main commercial corridor in the beachside neighborhood.

  2. ±4,000 SF one-story retail building with flexible layout.

  3. Active income opportunity — property currently listed for lease and generating rental potential.

  4. ±9,700 SF of buildable square footage (development upside subject to zoning and approvals).

  5. Divisible into ±2,000 SF units — ideal for single or multi-tenant configuration.

  6. Owner-user / investor / development play — suitable for immediate occupancy, income investment, or future redevelopment.

  7. Excellent transit access — steps from the Coney Island–Stillwell Ave subway hub (D/F/N/Q).

  8. Strong mix of local residential demand and seasonal destination traffic from the beach, boardwalk, amusement area, aquarium, and stadium.

  9. Neighborhood-serving retail environment with daily foot traffic.

  10. Proximity to ongoing investment and new residential delivery strengthening long-term fundamentals.

Listing Contacts

AS
10401366828
REMAX EDGE
REMAX EDGE
Listed by REMAX EDGE

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