2219 Ocean Ave - Office/Residential FOR SALE


Brooklyn, NY 11229
$1,495,000 USD
718-749-4199
2219 Ocean Ave, Brooklyn, NY for Sale
$1,495,000 USD
Office/Residential - FOR SALE
1/3
null | Request Cap Rate

2219 Ocean Ave
Brooklyn, NY 11229


HIGHLIGHTS

  • Multi-family with commercial space located in Midwood.
  • Mixed use apartment building commercial space and 2 residential units.
  • Versatility for expansion if desired with 11,000 square feet of FAR!
  • Close by are shops and restaurants, public parks, and public transportation.

OVERVIEW

Excellent mixed-use investment or development opportunity (delivered vacant) on sought-after Ocean Avenue, in a prime location in Brooklyn near all conveniences. With a medical office on the ground floor and 2 roomy apartments above, you'll enjoy great rental income every month; plus there's lots of versatility for expansion if desired with 11,000 square feet of FAR! The building also has a full day-lit basement with windows, high ceilings and tons of storage, and a large backyard. The front entry accesses the medical office's waiting room at left, as well as a hall with stairs to the apartments on the second floor. Both units have a living/dining room, a kitchen, and full bath. One of the apartments has 3 bedrooms, and the other, has 2. Madison is a wonderful enclave nestled near the attractions of the popular Brooklyn neighborhoods, Sheepshead Bay, Marine Park, Midwood, and Coney Island. Close by are shops and restaurants, public parks, and public transportation.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$456 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R7A

APN/PARCEL ID

06803-0073

ASK ABOUT THIS PROPERTY

George PigottCorcoran GroupMore Info
718-749-4199

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George PigottCorcoran GroupMore Info
718-749-4199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.