For sale

$1,150,000

2325 Mermaid Ave, Brooklyn, NY 11224

--beds

3,246sqft

Mixed Use

Built in 1930

1,967 Square Feet Lot

$-- Zestimate^®

$354/sqft

$-- HOA

What's special

Great opportunity to own Mixed-use building in the Up-and-Coming Neighborhood in Brooklyn Coney Island. All apartments will be delivered vacant at closing. Building consists of one store plus four- families, all apartments need TLC. Great opportunity to renovate your luxury apartments. Select your own tenants, set up your ideal way for heating and hot water systems. Very Low Property Tax $6,916 yearly. Short distance to Coney Island Beach, Amusement Park famous Luna Park and much more...

758 days
122
1

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 4
1/2 bathrooms: 4

Heating

Natural Gas, Hot Water

Appliances

Included: Gas Water Heater

Features

Flooring: Linoleum, Tile
Basement: None

Interior area

Total structure area: 3,246
Total interior livable area: 3,246 sqft

Property

Parking

Parking features: Street, Other
Has uncovered spaces: Yes

Features

Stories: 3

Lot

Size: 1,967 Square Feet
Dimensions: 19x80
Features: Back Yard

Details

Foundation area: 1100
Parcel number: 070150049
Zoning: R6, C1-2
Special conditions: Arm's Length

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Brick
Foundation: Other
Roof: Other

Condition

Year built: 1930

Utilities & green energy

Electric: 220 Volts

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $354/sqft
Tax assessed value: $360,000
Annual tax amount: $6,916
Date on market: 10/10/2024
Cumulative days on market: 1546 days

Estimated market value

Not available

Estimated sales range

Not available

$4,274/mo

Price history

Date	Event	Price
10/10/2024	Listed for sale	$1,150,000-4.2%$354/sqft
Source: BNYMLS #486671 Report a problem
6/19/2024	Listing removed	$1,200,000$370/sqft
Source: BNYMLS #471035 Report a problem
12/1/2023	Listed for sale	$1,200,000$370/sqft
Source: BNYMLS #471035 Report a problem
11/10/2023	Listing removed	--
Source: StreetEasy Report a problem
12/28/2022	Listed for sale	$1,200,000$370/sqft
Source: StreetEasy Report a problem
12/22/2022	Listing removed	--
Source: BNYMLS #464511 Report a problem
9/30/2022	Price change	$1,200,000-7%$370/sqft
Source: BNYMLS #464511 Report a problem
7/25/2022	Listed for sale	$1,290,000$397/sqft
Source: BNYMLS #464511 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,432 +7.5%	$162,000 +20%
2024	$6,916	$135,000 -17.1%
2023	--	$162,900 -19.9%
2022	--	$203,400 -15%
2021	--	$239,400 -8.9%
2020	$5,732 +8%	$262,800 +4.7%
2019	$5,308	$251,100 +537.3%
2018	--	$39,403 +8%
2017	$4,641 -1.3%	$36,487
2016	$4,701	$36,487 +3.2%
2015	$4,701 +66.2%	$35,352 +8%
2014	$2,828	$32,734