Winick Realty Group LLC is offering up a rare opportunity to become part of the storied retail landscape of Coney Island.
Associate director Tatiana Jun and associate Elie Dayan are exclusively marketing the retail space at 1047 Surf Avenue, a 2,750 s/f store on the corner of West 12th Street.
“Coney Island draws from all over New York City, with 4.7 million subway riders using the new $300 million train station at Stillwell and Surf Avenues, one short block away from our site,” said Dayan.
The broker believes the ideal retail tenant for the site would be a restaurant that can take advantage of the venting and fixtures left behind by the previous restaurant.
The corner property, which recently underwent a $200,000 renovation, features over 35 feet of frontage on Surf Avenue and 77 feet on West 12th Street, giving the store visibility among thousands of residents and visitors who pass by every day.
With the high foot traffic and three miles of renovated boardwalk nearby, other ideal uses may include souvenir shops, bicycle shops and convenience stores.
Coney Island offers no shortage of attractions that drive traffic to nearby retail sites.
The annual Mermaid Parade and Siren Music Festival draw hundreds of thousands of people to the area, as do Brooklyn Cyclones games at MCU (formerly Keyspan) Park, while more than 700,000 people visit the nearby New York Aquarium. On Fourth of July weekend alone, Coney Island draws upwards of 500,000 people who want to enjoy the beach and the iconic Nathan’s Hot Dog Eating Contest.
The newly-built Luna Park and Scream Zone have proved to be the perfect complement to the Wonder Wheel and New York City’s landmark wooden roller coaster, the Cyclone, which see more than 175,000 riders each year.
“This past season was one of the best Coney Island has seen in the last half decade and it’s only getting better. The proposed movie theater and hotel coming to the area will only help bolster the year-round traffic in Coney Island,” said Dayan.
“We are proud to offer this aggressively-priced retail opportunity for the right tenant to get into the area before rents in the area skyrocket, and with the summer season just around the corner, the timing couldn’t be better.”