$2,199,000

1502 Mermaid Ave Brooklyn, NY 11224

Coney Island Neighborhood

Estimated payment $13,523/month

Total Views 8,139
0.08 Acre
$27,487,500 Price per Acre
3,360 Sq Ft Lot

About This Lot

Coney Island-40'x84' Lot (current location for Sneaker Town and Best Choice Cleaners) very favorable R7A with C2-4 commercial overlay zoning with 13,440 buildable residential sq. ft. (FAR 4)-verify with architect, stores will be delivered vacant at closing, prime location with high demand for housing in the area, perfect for a builder looking to take advantage of this corner lot in a super hot area, awesome 1031 exchange property, please don't disturb commercial tenants, opportunity knocks!!

Listing Agent

Anthony Mussolino

Ben Bay Realty Co of Bay Ridge Listed on: 06/13/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,795

Lot Details

  • 3,360 Sq Ft Lot
  • Lot Dimensions are 84 x 40
  • Irregular Lot
  • Property is zoned R7A-C2-4

Listing and Financial Details

  • Tax Block 7063

Property Details

Property Type

Land

Est. Annual Taxes

$17,795

Lot Details

0

Listing Details

  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 15th Street
  • Property Sub Type: Land
  • Prop. Type: Land
  • Street Name I D X: Mermaid
  • Street Number I D X: 1502
  • Special Features: None

Interior Features

  • Lot Sq Ft: 3360

Exterior Features

  • Lot Number: 9

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 84
  • Lot Size Width: 40
  • Zoning: R7A-C2-4

Tax Info

  • Flip Tax Amount: 17795.00

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,484 $242,100 $30,150 $211,950
2024 $18,484 $209,700 $30,150 $179,550
2023 $17,975 $185,400 $30,150 $155,250
2022 $12,414 $153,900 $30,150 $123,750
2021 $14,629 $136,800 $30,150 $106,650
2020 $10,972 $181,350 $30,150 $151,200
2019 $18,149 $181,350 $30,150 $151,200
2018 $17,544 $183,150 $30,150 $153,000
2017 $16,900 $176,850 $30,150 $146,700
2016 $16,568 $171,000 $30,150 $140,850
2015 $11,917 $150,750 $30,150 $120,600
2014 $11,917 $152,550 $30,150 $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Price Changed $2,199,000 -15.4% --
10/10/2024 10/10/24 Price Changed $2,599,000 -3.7% --
06/13/2024 06/13/24 For Sale $2,699,000 -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 483877

Brooklyn Board of REALTORS®

APN: 07063-0009

New York Kings County Brooklyn 11224 Coney Island

1502 Mermaid Ave, Brooklyn, NY

This home is located at 1502 Mermaid Ave, Brooklyn, NY 11224 and is currently priced at $2,199,000. 1502 Mermaid Ave is a home located in Kings County with nearby schools including P.S. 90 Edna Cohen School and I.S. 303 Herbert S. Eisenberg.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Anthony Mussolino
Listing Agent
Anthony Mussolino
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Ben Bay Realty Co of Bay Ridge
(929) 543-6577