The Coney Assemblage

Property feature image
Address: Brooklyn, NY 11224, USA
New York & Tri-State + Land/Development
Created date: July 14, 2026
Date last updated: October 29, 2026

Property Description

The Coney is a prime development site located within the Coney East Subdistrict of the iconic Coney Island neighborhood in Brooklyn, New York with Atlantic Ocean views. The assemblage spans approximately 197,816 square feet of land across four contiguous blocks: Block 7074 - 53,466 SF Block 8694 - 55,835 SF Block 8695 - 55,594 SF Block 8696 - 32,921 SF As of fiscal year 2025/2026, the full site is assessed at $9,704,990, with annual real estate taxes estimated at $933,001. Strategically positioned along the Coney Island waterfront and adjacent to the world-famous Coney Island amusement district, The Coney represents a rare opportunity to develop a large-scale, transformative project with exceptional frontage, flexibility, and long-term value potential. With strong zoning momentum, direct waterfront access, and proximity to major attractions and public transit, The Coney stands as one of New York City’s most compelling large-scale development opportunities.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Lot Size: 4.54 Acres
Opportunity Zone: No
Property Website Click Here
Address: The Coney Assemblage, Brooklyn, NY 11224, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

3672 Route 378

Bethlehem, Pennsylvania
New York & Tri-State + Land/Development

500-550 Cooper Road

Berlin, New Jersey
New York & Tri-State + Land/Development

Middle Country Rd

Calverton, New York
New York & Tri-State + Land/Development
Price: $5,750,000

Brokers

View All

Lenders

View All