Prime Development Opportunity in the Heart of Coney Island
An exceptional chance to acquire a vacant development site in one of Brooklyn’s most rapidly transforming neighborhoods. Formerly a brick six-family building, the structure is now fully gutted and ready for redevelopment, presenting a rare canvas for builders and investors.
The lot measures 20 x 118.75, with an existing 20 x 88, three-story building offering approximately 5,280 sq. ft. of current living area, plus 499 sq. ft. of unused FAR for added expansion potential.
This location is ideal for a variety of large-scale uses—hotel, school, community facility, or a new residential project—positioned perfectly within Coney Island’s thriving growth and revitalization zone.
Important Note:
The sale requires an all-cash buyer. MLS approval is in place. No financials are available due to the property’s vacant condition.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.