1613 Mermaid Ave

This sale represents an approx. 4,000 sq. ft. vacant lot with approved plans for a 4,000 sq. ft. single-story, commercial building. There is additional development potential in the large parcel considering the scarcity of new residential units in the vicinity. The Coney Island Rezoning Plan was approved in July 2009 and will usher in a sweeping improvements to the area. The nearby major thoroughfares are Surf Avenue, Cropsey Avenue, and the Belt Parkway. Transportation includes the B68, B64, B82, B74, B36, X28, X38 buses as well as D, F, N, Q subway lines at Stillwell Avenue.