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    3121 Ocean Avenue unit B02 Brooklyn, NY 11235

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    For Sale
    $285,000

    COMMERCIAL - Brooklyn, NY

    Property size:
    3,000 SF
    Lot size:
    0.07 Acres
    Added:
    Aug 11, 2025
    Days on Market:
    242
    Last Refresh:
    Apr 9 at 9:06 pm

    Property Features for 3121 Ocean Avenue unit B02

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    R-4
    Standard status
    Active
    Size
    3,000 SF
    Lot size
    0.07 Acres

    Building Details

    Year built
    2024
    Number of units
    1
    Flooring type
    Laminate
    Building materials
    Block, Brick, Steel
    Roof type
    Flat

    We can help!

    Listing Contact
    Alla Veksler

    Listing agent Alla Veksler

    Listing office Maximillion Realty, Inc. 101 Avenue U, Brooklyn, NY

    Listing date Aug 11, 2025

    MLS# 494958

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Toy Store in Brooklyn

    This well-established children’s toy store, spanning over 3000 square feet, is known for its curated selection of educational toys, games, puzzles, and unique gifts. It has built a loyal customer base of local families, schools, and gift shoppers. Located in a high-visibility, family-friendly shopping district with steady foot traffic, the store benefits from nearby schools, playgrounds, and community events that drive repeat business year-round. The 0.068-acre lot is located in Brooklyn, NY, with a zoning designation of R-4. The sale includes all inventory, display fixtures, a POS system, and supplier relationships. The store has a social media presence and room to grow further with online sales or in-store events. This is a business opportunity for someone interested in children, creativity, and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MP Skincare & Beauty Hair Salon National Taxation Corp Accounting Firm Eco-Tax, Inc. Tax Preparation Elements Pilates & Dance Gym & Fitness Center Dr. Leonard Bleicher, ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hemp Amalgamated, L3c — 195 Kensington St, Brooklyn, NY 11235
    • Unique flowers — 520 Brighton Beach Ave, Brooklyn, NY 11235
    • Gallery of Flowers Ny Corporation — 1151 Brighton Beach Ave, Brooklyn, NY 11235
    • Art of Flowers — 1045 Brighton Beach Ave, Brooklyn, NY 11235
    • Funky D Signs & Florist — 703 Brighton Beach Ave, Brooklyn, NY 11235

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.94841
    Latitude
    40.585699

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    FAQs

    What type of property is this?
    Storefront property - Established children’s toy store in a prime Sheepshead Bay location.
    Where is this storefront property located?
    The property is located at 3121 Ocean Avenue unit B02 Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Established, profitable children's toy store with consistent annual revenue.; Prime location in a high‑visibility, family‑friendly shopping district with steady foot traffic.; Turnkey opportunity including all inventory, display fixtures, POS system, and supplier relationships.
    (718) 376-9300
    We can help!
    Listing Contact
    Alla Veksler
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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