PYE Properties, the owners of the Surf Avenue lot across the street from the Coney Island Cyclone, have started advertising for vendors for a flea market set to open in May. Like some of the furniture stores and a cafe on the north side of Surf, it’s named after one of Coney’s amusement parks — Luna Park Flea Market. According to their new website, the price for a spot on Friday, Saturday or Sunday is $50, while other days of the week will go for $30.
A kiddie ride park, a go kart track and a flea market housed in shipping containers have occupied the lot in the past. In 2001, the Giuliani administration repeatedly ticketed and finally got rid of the flea market that had operated there since the 1980s. The headline in the Daily News read “CONEY SMALL BIZ BLITZ STORM OF TICKETS TIED TO DEBUT OF CYCLONES.”
Over the past decade, the vacant lot, which has 140 feet of frontage on Surf and is 90 feet deep, has occasionally been used as a parking lot. For one day in 2011, the lot briefly hosted John Strong’s sideshow until the previous property owners abruptly did an about-face and went back to parking cars.
Bumper cars and other amusements were in the building on the site which was torn down in the 1950s. Until the early ’80s the north side of Surf Avenue was home to individually-owned penny arcades and a variety of rides including carousels and even a Jumbo Jet-style coaster.
Last year, the Surf Avenue lot at 805-825 Surf Avenue was Brighton Beach-based PYE Properties’ first acquisition in Coney Island. In January, PYE purchased the landmark Shore Theater for $14 million. According to the development company’s website, “PYE Properties is a full-service development company guided by our in-house team of result-driven real estate professionals whose expertise includes acquisition, design, development, construction and property management.” The flea market is a seasonal use for the short term until development gets underway.
Since the 2009 rezoning of Coney Island, the north side of Surf has seen restaurants such as Grimaldi’s, Applebee’s, and Subway Cafe rapidly replacing furniture stores and vacant lots. Johnny Rockets and IHOP franchises are under construction. Mom & Pops on the north side include Chill party space, Red Doors Bar & Grill, and Piece of Velvet Cupcakes.
The flea market did not open on July 4th Weekend and remains closed.