• The property is in the heart of unprecedented development activity in Coney Island, which in recent years has delivered thousands of new residential units to the neighborhood • Located on the south side of Mermaid Avenue between W 15th & W 16th Streets • Premier development opportunity offering 41,082 BSF • Zoned R7A / C2-4 within the Special Coney Island District, allowing for mixed-use residential project • Strong Market Fundamentals – Nearby new developments are achieving record residential rents for Coney Island, supported by a thriving retail market • The property is situated on one of Coney Island’s primary retail corridors, and less than 2 blocks from the Coney Island - Stillwell Av D F N Q subway train station.