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33275663
33246923

2 Kay Court, Brooklyn, NY 11229

Signature Premier Properties
Listed by Signature Premier Properties
$1,500,000
7 days on market
Updated 5 days ago

2 Kay Court

Details
APN 08876-2800
Property Type Land
Sub Type Commercial, Other
NOI $35,699
Year Built 1920
Acreage 0.175
Zoning R4-1

Land | 0.175 acres

Marketing description

Rare waterfront opportunity in Gerritsen Beach! This unique income producing marina property offers over 32 boat slips, each with access to electric and water service, making it ideal for boating enthusiasts, investors, or marina operators. Situated on a generously sized 89.59' x 85' lot, the property is zoned R4-1, providing valuable future development potential. The property benefits from two access points via Kay Court and Landis Court, offering added convenience and flexibility. Located in one of Brooklyn's most distinctive waterfront communities, known for its boating and marina lifestyle, this property presents a rare chance to own a marina with income-producing potential and redevelopment opportunities. Exceptional waterfront location with direct water access and endless possibilities. A truly one-of-a-kind offering that won't last long!
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Signature Premier Properties
Listed by Signature Premier Properties

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$35,699.00
$2,974.92/mo

Valuation Metrics

0
DSCR
2.38%
Cap Rate
2.38%
ROI

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