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By Accord Real Estate Group

Coney Island Brooklyn Real Estate News

June 21st 2013
Tags: Real Estate News, Brooklyn Attractions, Entertainment, Brooklyn Real Estate, New York Real Estate

Amongst Brooklyn's many historic and wonderful neighborhoods, Coney Island has a rich and varied history. Coney Island was at one time the playground for the very wealthy, then a gathering place for the masses and then experienced a decline. Today Coney Island is attracting a new wave of retailers and restaurants. According to Mr. Zane Tankel, owner of the Applebee's restaurant chain, "Coney Islands time has come. It's the renaissance of the neighborhood". Mr. Tankel has just signed a 20 year lease on a Surf Avenue spot and this newest Applebee's location was set to open on June 17th. Another restaurant chain putting down roots in Coney Island is Johnny Rockets, a Classic Americana style hamburger and shake spot. The list goes on including a Brooklyn Rocks T- Shirt shop, IT'SUGAR that sells 5 lb gummy bears and The Net’s Shop by Adidas. Thor Equities, one of the biggest property owners in Coney Island has proven their interest in improving the neighborhood by creating an opportunity for places with name recognition by striking a deal with tenants for 15% of sales instead of rent.


Let's not forget the Coney Island famous original hot dog eatery Nathan’s that was reopened after Hurricane Sandy on May 23, 2013 and will have their annual International Hot Dog eating contest on July 4th with Joey Jaws Chestnut looking to set a new world record. Always absolutely delicious brick oven pizza is served for nine decades at Totonno's Pizzeria, one of the oldest pizzeria’s in The United States, located on Neptune Avenue, between West 15th Street and West 16th Street. If old world style Italian cuisine is what you want there is almost no better restaurant in Brooklyn than Gargiulo's Restaurant and Catering Hall on West 15th Street off of Surf Avenue.

Just like there is no shortage of great places to eat in Coney Island, there is no shortage of places to have fun in Coney Island. The newly refurbished boardwalk provides a relaxing, fun and wonderful way to take in the sights. Bring your beach chair, soak up the sun on the beach, and go for a swim in the ocean. For family fun there is Deno’s Wonder Wheel Amusement park with dozens of fun rides, including the famous Wonder Wheel ride that was built in 1920 by the Ferris Wheel Company, Go Carts, bumper cars and the list goes on and on. MCU stadium in Coney Island, on the boardwalk is home to the Brooklyn Cyclones, the New York Mets minor league baseball team. The stadium is gorgeous with spectacular views of the ocean and the baseball action is great.


The Brooklyn Cyclones always draw a big crowd and many home games are sold out. Let's not forget one of the most amazing attractions in Coney Island, The New York Aquarium located on Surf Avenue and West 8th Street. The Aquarium is still undergoing renovations but it has re-opened since receiving a devastating blow from Sandy. The New York Aquarium is a must see attraction. You can read more about Coney Island Brooklyn NY at http://jeffgrandis.com/brooklyn-neighborhoods/coney-island.

Photos By Anna Kader


Real Estate properties, in Coney Island and the surrounding neighborhoods of Sea Gate, Brighton Beach, Manhattan Beach and Sheepshead Bay were all badly affected by Sandy but Brooklynites are tough and resilient. Since then most of the houses, condominiums and multifamily buildings have been repaired and many local real estate companies that service these neighborhoods agree that even though the value of residential and commercial properties here took a temporary dip, prices have begun to rebound. For example, Accord Real Estate Group recently put a mixed-use property on the market in Coney Island and within days the property received an offer from a well-qualified buyer that was accepted by the property owner. The property is going in to contract.

For more Real Estate information on Brooklyn's amazing neighborhoods please call our company.

Don't miss the incredible, 31st annual Mermaid Parade in Coney Island this coming Saturday June 22nd at 1pm!