About 1728 Mermaid Avenue
Mixed-Use Asset The Property Features 6 Residential Apartments and 4 Ground-Floor Commercial Spaces, Offering Stable in Place Income Across both Asset Classes. Out of the 4 Commercial Spaces 2 are Currently Vacant. The Commercial Tenants provide an Additional Diversification to the Income Stream. Out of the 6 Residential Units all 6 Units are Rented. (Each Unit 2 Bed/1 Bath). Allowing for Long-Term Income Stability along with Potential Rent Growth as Units Naturally Turn over. A Must See!
Price History
| Sep. 2, 2025 | $2,800,000 (-199,999) |
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Features of 1728 Mermaid Avenue
| MLS® # | 2504150 |
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| Price | $2,800,000 |
| Square Footage | 6,560 |
| Acres | 0.05 |
| Year Built | 1930 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 1728 Mermaid Avenue |
|---|---|
| Area | Coney Island |
| City | Brooklyn |
| County | Kings |
| State | NY |
| Zip Code | 11224 |
Amenities
| Has Pool | No |
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Interior
| Heating | Steam, Natural Gas |
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| Cooling | Units |
| Fireplace | No |
Exterior
| Exterior | Brick |
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| Construction | Brick |
Additional Information
| Date Listed | July 16th, 2025 |
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| Days on Market | 106 |
| Zoning | R7-A |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Get Listed ! Get Sold ! NYC |
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