Prime Development Opportunity in the Heart of Coney Island
An exceptional chance to acquire a vacant development site in one of Brooklyn’s most rapidly transforming neighborhoods. Formerly a brick six-family building, the structure is now fully gutted and ready for redevelopment, presenting a rare canvas for builders and investors.
The lot measures 20 x 118.75, with an existing 20 x 88, three-story building offering approximately 5,280 sq. ft. of current living area, plus 499 sq. ft. of unused FAR for added expansion potential.
This location is ideal for a variety of large-scale uses—hotel, school, community facility, or a new residential project—positioned perfectly within Coney Island’s thriving growth and revitalization zone.
Important Note:
The sale requires an all-cash buyer. MLS approval is in place. No financials are available due to the property’s vacant condition.
Active
$1,390,000
2869 W 17th St APT 1, Brooklyn, NY 11224
7beds
5,280sqft
Building
Built in 1930
-- sqft lot
$-- Zestimate®
$263/sqft
$-- HOA
What's special
Brick six-family buildingThree-story building
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