2537 Ocean Avenue | 7-Story Mixed-Use New Development for Sale

Property Details

Property Type	Retail
Property Name	2537 Ocean Avenue | 7-Story Mixed-Use New Development for Sale
Zoning	R7A, C1-3
Number of Floors	7

Property Description

7-Story Mixed-Use New Development

Location Description

Located in the Homecrest neighborhood of Brooklyn between Avenue U & Avenue T near the Avenue U subway station.

Nearest Transit: Q train at Avenue U and the B49 & B3 bus lines.

Nearby tenants include Subway, Chase Bank, Bank of America Financial Center, Estelle Lounge and Karaoke Bar, Tribeca Pediatrics, NYC Wound Care Center, Little Istanbul Restaurant, Ocean Deli Grocery Market inc, Early Childhood Special Education, Simply Sweet, Drink Meta Water Coolers,
Fast Fix Cell Phone Repair Service & Accessories, and more!

Highlights

• 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

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