2537 Ocean Ave - Apartments FOR SALE


Brooklyn, NY 11229- Madison
$7,600,000 USD
718-437-6100
2537 Ocean Ave, Brooklyn, NY for Sale
$7,600,000 USD
Apartments - FOR SALE
1/11
null | 6.1% Cap Rate

2537 Ocean Ave
Brooklyn, NY 11229
Madison


HIGHLIGHTS

  • Vacant New Development for Sale!

OVERVIEW

Total Commercial Units 2 Total Residential Units 10 - 7 Free Market & 3 Affordable Housing FAR 4.05 With Current Cap Rate 6.1% ADA Compliant Building With Elevator Access Ground Floor Access With Glass Storefront And Floor-To-Ceiling Windows Lot Dimensions 25.33 X 110 Vanilla Box Delivery With Open Floor Plan HVAC System, Plumbing In Place, And Sprinklers In Place Grand Signage Opportunity With Excellent Street Frontage And Visibility High Pedestrian And Vehicle Traffic Area Dense Residential Population Nearby With Strong Foot Traffic Close Proximity To Public Transit, Subway, And Major Bus Lines Heavy Traffic Corridor Surrounded By Strong Urban Activity

FOR SALE DETAILS

PRICE

$7,600,000 USD

PRICE/SF

$673 USD /SF

# OF UNITS

10

PRICE/UNIT

$760,000

CAP RATE

6.1%

% 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.