2508 Ocean Ave | Brooklyn, NY 11229
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- LoopNet Team
2508 Ocean Ave
Brooklyn, NY 11229
Two family home for sale. · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- FULLY FUNCTIONAL MEDICAL OFFICE WITH SPACIOUS WAITING ROOM, 6 EXAM ROOMS, AND 3 BATHROOMS, READY FOR IMMEDIATE USE.
- SIGNIFICANT DEVELOPMENT POTENTIAL WITH UNUSED FAR FOR EXPANSION UP TO 11,820 SQ FT, PERFECT FOR RESIDENTIAL OR MIXED-USE PROJECTS.
- R7A ZONING PROVIDES FLEXIBILITY FOR MEDICAL USE, RESIDENTIAL, OR DEVELOPMENT, MAKING IT A PRIME INVESTMENT OPPORTUNITY.
- 2-BEDROOM, 2-BATHROOM APARTMENT ON THE UPPER LEVEL, IDEAL FOR RESIDENTIAL OR CONVERSION TO ADDITIONAL OFFICE SPACE.
- LARGE BASEMENT OFFERING AMPLE STORAGE, AN ELECTRICAL ROOM, AND 3 EXTRA ROOMS FOR BUSINESS OR OPERATIONAL USE.
- PROPERTY TAXES, CURRENTLY BASED ON THE COMMERCIAL SPACE ON THE FIRST FLOOR, CAN BE EASILY REASSESSED TO RESIDENTIAL RATES IF CONVERTED BACK TO RESIDEN
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,315 SF
Building Class
C
Year Built/Renovated
1930/1999
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.46
Lot Size
0.07 AC
Zoning
R7A - NYC’s R7A is a contextual, medium-density residential district allowing 7–8-story multifamily apartments under Quality Housing rules.
Frontage
24’ on Ocean Ave
PROPERTY TAXES
| Parcel Number | 07324-0027 | Improvements Assessment | $313,235 |
| Land Assessment | $172,925 | Total Assessment | $486,160 |
PROPERTY TAXES
Parcel Number
07324-0027
Land Assessment
$172,925
Improvements Assessment
$313,235
Total Assessment
$486,160
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