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1 Merit Court
Brooklyn NY 11229 US

$1,399,000

Active Listing ID 496625
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Lot: 0.22 Acres
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Single Family Residence

$1,399,000

Active Listing ID 496625
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1 Merit Court Rare waterfront development opportunity in Gerritsen Beach. Property features approx. 4, 200 sf building on an 88 foot waterfront lot with 20 deep-water boat slips that brings in $60, 000 income, 19 parking spaces, and has a private gated entry. Currently improved with event hall/marina, full commercial kitchen, indoor bar, patio, 240 amp power, CAC, a tin roof, and steel Navy bulkhead. Zoned R4-1, allowing for multiple two and three family residences or potential boutique condominium development (approx. 9, 570 buildable sf, up to over 14, 000 sf with community facility). Excellent investment for builders and developers seeking a rare waterfront parcel with strong zoning, long bulkhead life, low property taxes, and multiple exit strategies. Call Today for a private tour.

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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Single Family Residence
  • Features
  • Floor Covering: Tile
  • Roof Type: Flat
  • Heating Fuels: Baseboard, Natural Gas
  • Additional Features
  • Waterfront

Property

  • propertytype: Commercial Sale
  • propertysubtype: Single Family Residence
  • listprice: 1399000
  • unparsedaddress: 1 Merit Court
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11229
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.21969696969697
  • lotsizeunits: Acres
  • lotsizearea: 0.219697
  • livingarea: 4200
  • livingareaunits: Square Feet
  • listagentfullname: Charles D'Alessandro
  • listagentemail: charles@mesothebysrealty.com
  • listagentkey: 3yd-BMLSNY-daes9009
  • listagentmlsid: daes9009
  • listagentpreferredphone: 7186451665
  • listagentofficephone: 7186451665
  • listofficekey: 3yd-BMLSNY-111980
  • listofficemlsid: 111980
  • disclaimer: Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1920
  • listagenturl: http://www.dmatech.com/madison/
  • countyorparish: Kings (Brooklyn)
  • flooring: Tile
  • heating: Baseboard, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: True
  • waterfrontfeatures: Waterfront
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Madison Estates & Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"charles@mesothebysrealty.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Madison Estates & Properties", "ListBrokeragePhone":"(718) 645-1665", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2922 Avenue R", "ListBrokerageWebsiteUrl":"http://www.dmatech.com/madison/", "ListOfficeAddress1":"2922 Avenue R", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"info@mesothebysrealty.com", "ListOfficePostalCode":"11229", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/496625/?channel=rexren", "MLSModificationTimestamp":"2025-10-15T13:19:52Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Residential", "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8882, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 12:34:23 AM GMT
Source Updated Date: 1/10/2026 12:41:48 PM GMT

Courtesy of: Charles D'Alessandro, MadisonEstates Sothebys Realty, charles@mesothebysrealty.com

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.