Residential Development Corner
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1981 Ocean Avenue, Brooklyn, NY 11230
Residential development site with 60' Ocean Avenue and 110' Avenue O frontage in an R7A zone.
Property Size26,400 SF
Days on Market127
Property Features for 1981 Ocean Avenue
General Information
Standard status
Active
Size
26,400 SF
Property subtype
Land, Retail
Zoning
R7A
Listing Agency:
Ariel Property Advisors
Listed By:
Sean R. Kelly, Esq. · License #NY 10301203478
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: May 7 at 4:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors
Investment Insights
Based on property information with market context.
1981 Ocean Avenue is a residential development site located on the northeast corner of Ocean Avenue and Avenue O in Midwood. The property is zoned R7A and provides approximately 26,400 buildable square feet for residential development. The site includes 60’ of frontage along Ocean Avenue and 110’ of frontage along Avenue O.
The area is experiencing increased momentum following the passage of Affordable New York. Transportation access is also a notable advantage, with the Avenue M and Kings Highway (B,Q) subway stops about six blocks away, offering access to Downtown Brooklyn and Manhattan within thirty minutes.
For developers and investors seeking scale and centralized accessibility within Midwood, this corner parcel offers a substantial residential buildable footprint with defined frontage on both streets.
The area is experiencing increased momentum following the passage of Affordable New York. Transportation access is also a notable advantage, with the Avenue M and Kings Highway (B,Q) subway stops about six blocks away, offering access to Downtown Brooklyn and Manhattan within thirty minutes.
For developers and investors seeking scale and centralized accessibility within Midwood, this corner parcel offers a substantial residential buildable footprint with defined frontage on both streets.
Key Highlights
- Development site at the northeast corner of Ocean Avenue and Avenue O in Midwood
- R7A zoning with 60' frontage on Ocean Avenue and 110' frontage on Avenue O
- Approximately 26,400 buildable SF for a residential development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,516
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential development site with 60' Ocean Avenue and 110' Avenue O frontage in an R7A zone.
Where is this residential land & home lot located?
The property is located at 1981 Ocean Avenue Brooklyn, NY.
What are key features of this property?
This property features: Development site at the northeast corner of Ocean Avenue and Avenue O in Midwood; R7A zoning with 60' frontage on Ocean Avenue and 110' frontage on Avenue O; Approximately 26,400 buildable SF for a residential development
