2533 Ocean Ave - Apartments CONDO FOR SALE


Brooklyn, NY 11229- Madison
$899,000 USD
347-988-5318
2533 Ocean Ave, Brooklyn, NY for Sale
$899,000 USD
Apartments CONDO - FOR SALE
1/4
null | Request Cap Rate

NEW


2533 Ocean Ave
Brooklyn, NY 11229
Madison


HIGHLIGHTS

  • Ground-floor commercial condo with Retail Certificate of Occupancy.
  • Includes deeded parking space in a 2015 elevator building.
  • Flexible layout supports retail, office, medical, wellness, and training uses.

OVERVIEW

Rarely available ground-floor commercial condominium opportunity in the heart of South Brooklyn, positioned just off the heavily trafficked Avenue U commercial corridor. Located within a modern elevator building constructed in 2015, Unit C1 offers a unique combination of street-level retail presence, expansive lower-level space, and a deeded parking space, creating flexibility for both owner-users and investors seeking a well-located commercial asset. The street-level portion features an open retail or showroom layout with excellent visibility, a restroom, and a rear storage area. The cellar level, which also carries a Retail Certificate of Occupancy, is configured with a reception area, two private rooms, a prep and work counter with utility sink, a large open-use area, and two additional bathrooms. The existing layout supports a variety of business operations while providing flexibility for future customization. The property's two levels may be connected internally through the installation of a staircase, allowing for a cohesive multi-level operation. Potential uses include retail, professional office, medical and wellness services, educational or training facilities, creative studios, and other commercial concepts permitted by the Retail C of O. Situated near the established Avenue U business district, the property benefits from surrounding retail activity, neighborhood services, public transportation access, and a dense residential population that supports daily consumer demand. Ownership costs are enhanced by approximately seven years remaining on the property's tax abatement, with combined monthly maintenance of approximately $782.11 and annual real estate taxes of approximately $3,528.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$312 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

16,910 SF

STORIES

7

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,502 SF

ZONING

R7A

APN/PARCEL ID

07325-1508,07325-1510,07325-1516,07325-1520

ASK ABOUT THIS PROPERTY

Jason ZhouRE/MAX EdgeMore Info
347-988-5318

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Jason ZhouRE/MAX EdgeMore Info
347-988-5318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.