18-lot Ditmas Park portfolio hits market for $40M

Site comes with almost 435,000 buildable square feet

Coney Island Avenue and Nick Mahedy
Coney Island Avenue and Nick Mahedy

A portfolio of 18 properties along Coney Island Avenue in Ditmas Park, Brooklyn, thinks highly of itself, asking $40 million, according to Massey Knakal Realty Services, which is marketing the offering.

Sign Up for the undefined Newsletter

The Lots Near Cortelyou Road And East 9th Street now hold warehouses, garage, parking lots, multi-family homes, mixed-use buildings and vacant land. They comprise a total of roughly 78,000 square feet — with some room for growth. The lots come with 298,000 buildable square feet allotted for a community facility and 135,000 buildable square feet for a commercial space.

Massey Knakal broker Nick Mahedy is heading up the marketing efforts. — Mark Maurer