Corner Retail Opportunity Available in Coney Island

March 13, 2012 Brooklyn Eagle Staff
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CONEY ISLAND —Winick Realty Group reports a new listing for a prime retail store space at 1047 Surf Ave. in Coney Island.

The property — a 2,750-square-foot corner store at Surf Avenue and West 12th Street, which can be divided into two spaces of 1,375 square feet each — offers “a rare opportunity to become part of the storied retail landscape of Coney Island,” said Winick’s Elie Dayan, who is marketing the site along with Tatiana Jung, associate director.

“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, who added, “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 tenant.

The previous tenant was called Lunch House and included a stand called “Gyro’s.”

The property recently underwent a $200,000 renovation, according to Dayan, which included the gyro stand, as well as new floors, walls, venting, hoods, refrigerator, walk-in box, bar, tables and chairs.  The second floor of the two-story building is home to Magic Jungle, a party place for kids.

In addition to a restaurant, other ideal uses include a souvenir shop, a bicycle shop or a convenience store. Dayan believes these uses would all do well because there is “no shortage of attractions that drive traffic to the area.” He cites the annual Mermaid Parade, Nathan’s Hot Dog Eating Contest and Siren Music Festival, as well as Brooklyn Cyclones games, the New York Aquarium, and the newly built Luna Park and Scream Zone.

“This past season was one of the best Coney Island has seen in the last half decade and it’s only getting better,” he said. “The proposed movie theater and hotel coming to the area will only help bolster the year-round traffic.”

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