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Investment Highlights

  • Four contiguous blocks assembled in the heart of Coney Island.
  • Located near the Coney Island-Stillwell Avenue transit terminal.
  • Waterfront setting near the beach, boardwalk, and New York Aquarium.
  • Frontage along Surf Avenue near major entertainment destinations.
  • Existing C7 zoning supports a variety of commercial and entertainment uses.
  • Large-scale redevelopment opportunity within an active investment corridor.

Executive Summary

he Coney presents a rare large-scale development opportunity in the heart of Coney Island, Brooklyn. The assemblage encompasses approximately 197,816 square feet of land across four contiguous blocks fronting Surf Avenue and includes Blocks 7074, 8694, 8695, and 8696. Positioned within one of New York City's most recognizable waterfront destinations, the site benefits from direct access to the Atlantic Ocean shoreline, the Coney Island Boardwalk, Luna Park, Maimonides Park, and the area's established entertainment and tourism infrastructure.
Currently zoned C7, the property is located within one of New York City's limited C7 entertainment districts, allowing a broad range of amusement, entertainment, hospitality, and commercial uses. The offering also benefits from a proposed rezoning framework that may support substantial future residential, commercial, and community facility development potential. The site's scale, frontage, and block assemblage configuration create flexibility for a transformative mixed-use project capable of reshaping a significant portion of the Coney Island corridor.
Accessibility further strengthens the investment profile. The property is located near the Coney Island-Stillwell Avenue transit hub, providing access to the D, F, N, and Q subway lines, along with multiple bus routes serving Brooklyn. This connectivity supports both local and regional access for future residents, visitors, employees, and patrons.
With waterfront positioning, substantial land area, established tourism demand generators, and significant redevelopment activity throughout the peninsula, The Coney offers investors and developers a unique opportunity to control one of Brooklyn's largest assemblages within a nationally recognized destination district.

Property Facts

Sale Type Investment
Status Active
Number of Properties 24
Individually For Sale 0
Total Land Area 9.39 AC
  • Listing ID: 41406763

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: The Coney Island Assemblage, Brooklyn, NY

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