NY
Kings (Brooklyn)
Brooklyn
11229
1 Merit Court
1 Merit Court, Brooklyn, NY 11229
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
35
$1,400,000

Home Details for 1 Merit Court

Price
$1,400,000
Type
Commercial Sale
Lot size acres
0.2197
County
Kings (Brooklyn)
Basement
Finished, Full
MLS Listing#
993758
Property 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.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
    • Sewer Connected
    • Water Connected
  • Waterfront and Water Access
    • River Front
    • Waterfront
  • Basement
    • Finished
    • Full
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Electric
  • Water Features
    • Public
Listing Courtesy: Keller Williams NYC - 212-301-1140
Presented by: Klevis Metani
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
Fair Housing Notice
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT ALL SEASONS REALTY
8911 Glenwood Rd, Brooklyn, NY 11236
Office
718 345 4545
Request more details
Code: