$1,100,000

1 Merit Court, Brooklyn, NY 11229

  • 2,100 sqft
  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,570sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $524/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Data Last Updated:
July 31, 2026 at 5:22AM
Listing Office:
Keller Williams NYC : 212-301-1140
MLS ID:
993758
  • Basement: FinishedFull
  • A/C: Wall/Window Unit(s)
  • Heating: Electric
  • Originating MLS: onekey2
  • School District: Brooklyn 22
  • County: Kings (Brooklyn)
  • Zoning: R408876-2762
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Keller Williams NYC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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