1 Merit Court, Brooklyn, NY 11229

$1,400,000
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New to the Market Active
MLS#993758
STATUSActive PROPERTY TYPECommercial - SCHOOLBrooklyn 22

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.

1 Merit Court | MLS# 993758

This commercial property located at 1 Merit Court, Brooklyn, NY 11229 is currently listed for sale with an asking price of $1,400,000. Merit Court is located within the Brooklyn 22 school district. Search Brooklyn real estate on gaveshmeghan.cbamhomes.com today.

Property Features

Property Type: Commercial -
Basement: Finished, Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.22 Acres
Taxes: $231

Feature Descriptions

Building Area Total: 2100
Business Type: Residential
Exterior: Brick
On Market Date: 2026-05-01
Parcel Number: 08876-2762
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public
Waterfront Features: River Front, Waterfront

Local Schools

School District: Brooklyn 22

Listed By / Shown By

Listing By

Agency Name: Keller Williams NYC
Agency Contact: 212-301-1140

agent picture

Shown By

Agent Name: Gavesh Meghan
Agent Phone: Cell: (929) 318-3784
Agency Title: Coldwell Banker American Homes

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