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Brooklyn, NY, 11224 • Coney Island • Kings County
$263/sqft
Down payment assistance available
7Beds
6Baths
5,280Sqft
1930Built
Character Home
Built 1930 · 96 years of history
Coney Island
Coney Island
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141 days on market
Established listing
$263/sqft
Price per square foot
Single Family · Built 1930 · Historic
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.
Standout features identified
Our analysis highlights brick six-family building and three-story building as key attractions of this home.
Based on current rates
Est. 6.35% rate · 30yr fixed · $1,112,000 loan
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3 schools rated nearby
Brooklyn, NY, 11224
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Brooklyn, NY • Kings County
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