2537 Ocean Ave, Brooklyn, NY, 11229

USD 7,600,000
For Sale

Property Details

Bedrooms

11

Bathrooms

12.5

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 11 • Bathrooms: 12.5 • Square Feet: [object Object] • Lot/Size: 2,786 sqft lot

Description: 2537 Ocean Avenue presents a rare opportunity to acquire a newly developed 7-story mixed-use asset in the heart of Homecrest, Brooklyn. Spanning approximately 11,293 square feet, the property consists of 10 residential units and 2 commercial spaces, offering a strong projected income stream with a projected NOI of approximately $466,836 and a 6.14% cap rate. Positioned along the highly trafficked Ocean Avenue corridor between Avenue U and Avenue T, the elevator building features modern construction, exceptional street presence, and floor-to-ceiling commercial storefronts with outstanding visibility. The residential component includes 7 free-market units and 3 affordable units, with many r

Location

Address

2537 Ocean Ave, Brooklyn, NY, 11229

City

Brooklyn

Features and Finishes

Year Built: 1930; [object Object]; [object Object]; [object Object]

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