2537 Ocean Ave - Apartments FOR SALE


Brooklyn, NY 11229- Madison
$6,500,000 USD
718-437-6100
2537 Ocean Ave, Brooklyn, NY for Sale
$6,500,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

2537 Ocean Ave
Brooklyn, NY 11229
Madison


HIGHLIGHTS

  • Vacant New Development for Sale!

OVERVIEW

EXECUTIVE SUMMARY 2537 Ocean Avenue presents a compelling mixed-use investment opportunity in Flatbush, Brooklyn, featuring 2 commercial units and 10 free-market residential units with a current FAR of 4.05. The ADA-compliant building offers elevator access, ground?floor glass storefronts with floor-to-ceiling windows, and exceptional street visibility along the busy Ocean Avenue corridor. Commercial units are delivered in a vanilla box with an open floor plan, and HVAC, plumbing, and sprinklers already in place, making this a turnkey, income-generating asset ideal for owner-users and investors alike.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$576 USD /SF

# OF UNITS

10

PRICE/UNIT

$650,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,876 SF

ZONING

R7A, C1-3

APN/PARCEL ID

07325-0052

ASK ABOUT THIS PROPERTY

Shlomi BagdadiTri State CommercialMore Info
718-437-6100

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Shlomi BagdadiTri State CommercialMore Info
718-437-6100

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