The Coney Island

Investment Overview

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.