About 1609 Mermaid
Great commercial investment property. Needs work for it to be completed; Estimated cap rate when finished is 8-10%. Commercial space and two apartments. Front terrace. Please contact with any inquiries. MLS Approve- No Financial provided due to property is vacant
Features of 1609 Mermaid
| MLS® # | 495330 |
|---|---|
| Price | $1,050,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,600 |
| Year Built | 1920 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1609 Mermaid |
|---|---|
| Area | Coney Island |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11224 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Concrete |
|---|---|
| Interior Features | None |
| Heating | Hot Air |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | None |
| Roof | Flat |
| Construction | Brick |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 5th, 2025 |
|---|---|
| Zoning | R6 |
| Tax | $4,067 |