PYE Properties




1301 Surf Avenue

Mixed-Use Commercial Conversion Planned for Eight-Story Coney Island Theater Building, 1301 Surf Avenue

The first preliminary renderings have been revealed of the planned mixed-use commercial conversion of the eight-story, 115,000-square-foot Coney Island Theater Building (a.k.a. Shore Theater), an individual landmark at 1301 Surf Avenue, located on the corner of Stillwell Avenue on Coney Island. PYE Properties currently plans to transform the property into retail space and a hotel, while restoring the existing theater, which has been rapidly deteriorating, to an entertainment venue, Brooklyn Daily reported. Office and community space may also be included, depending on the tenants that show interest. Alteration permits haven’t yet been filed with the Buildings Department. Since the building is a landmark, the Landmarks Preservation Commission must approved any exterior alterations. PYE acquired the Shore Theater in January for $20 million. The Coney Island-Stillwell Avenue stop on the D/F and N/Q trains is across the street.


825 Surf Avenue

Developer Planning Two-Story Amusement Arcade Building at 825 Surf Avenue, Coney Island

Coney Island-based PYE Properties has filed applications for a two-story, 14,517-square-foot commercial building at 825 Surf Avenue, located on the corner of West 8th Street on Coney Island. According to the Schedule A, the 27-foot-tall building will house an amusement arcade, which will help to revitalize the disinvested and still Hurricane Sandy-damaged amusement park. Frank Martarella III’s Staten Island-based thinkDESIGN Architecture is the architect of record. The 15,369-square-foot lot has 213 feet of street frontage and is positioned right below the West 8th Street-New York Aquarium stop on the F/Q trains. PYE Properties acquired the vacant lot in 2015, according to Amusing The Zillion.


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