1 Merit CT, Brooklyn, NY 11229

$1,070,000

$1,100,000

2.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9,570 Sqft Lot


SOLD DATE : 11/03/2026

Key Details

Sold Price $1,070,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Gerritsen Beach

MLS Listing ID 993758

Sold Date 11/03/26

Rental Info No

Annual Tax Amount $231

Lot Size 9,570 Sqft

Acres 0.2197

Property Sub-Type Other

Source onekey2

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.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished, Full

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Waterfront Description River Front,Waterfront

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Brooklyn 22

School District Brooklyn 22

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams NYC • Klevis Metani
Bought with Buyer Representation Office

Nearby Locations

Briguitte Berrospi

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