1 Merit Court, Brooklyn NY 11229
Rare Brooklyn Waterfront Oasis
Marketing 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.
Investment highlights
88 Feet of Deep-Water Waterfront Frontage — Rare direct access to Shell Bank Creek with no bridge restrictions to Jamaica Bay and the Atlantic Ocean.
19 Income-Producing Boat Slips — Established marina operation generating approximately $60,000 annually in slip income.
Flexible Development Potential — R4-1 zoning with the ability to expand buildable area to over 14,000 SF through community facility use.
Existing Commercial Infrastructure — Includes a commercial kitchen, historic bar, event hall space, waterfront patio, HVAC, and 240-amp power service.
Exceptional Brooklyn Scarcity Value — One of the few remaining waterfront properties of this scale in Brooklyn with marina, parking, and redevelopment flexibility.
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