2537 OCEAN AVE (Off Market)

For Sale, 6,500,000 USD


2537 OCEAN AVE ,

Property Type : Other Residential

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 11

Bathroom : 12

Half Bathroom : 0

MLS#: 23838484


Property 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 residences offering private balconies, terraces, and abundant natural light. The commercial spaces are delivered vanilla box with HVAC, plumbing, and sprinkler systems already in place, creating immediate flexibility for medical, retail, wellness, or professional use.

The property benefits from convenient access to the Q train at Avenue U, as well as multiple bus lines, placing residents and businesses in one of Southern Brooklyn's most established and densely populated neighborhoods. Surrounded by new developments, local retailers, restaurants, and neighborhood amenities, 2537 Ocean Avenue offers investors a turnkey, income-producing asset with long-term upside in a rapidly evolving corridor

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2537 OCEAN AVE , United States,New York,Brooklyn is a Brooklyn luxury Other Residential listed for sale 6,500,000 USD. This high end Brooklyn Other Residential is comprised of 11 bedrooms and 12 baths. Find more luxury properties in Brooklyn or search for luxury properties for sale in Brooklyn.