Residential Development Opportunity in
For Sale
Contact for pricing
1470 Ocean Ave, Brooklyn, NY 11230
Premier residential development site with multi-family buildings and expansive lot.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market686
Property Features for 1470 Ocean Ave
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Land, Multifamily
Zoning
R7A
Investment Type
Redevelopment
Building Details
Buildings
2
Stories
3
Units
6
Listing Agency:
ZUZ REALTY
Listed By:
David Nissanian · License #10311201336 NY
Source:
Crexi
Added: Oct 10, 2024
Changed: Aug 14
Last Checked: Aug 14 at 5:57AM
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 ZUZ REALTY
Investment Insights
Based on property information with market context.
This exceptional residential development opportunity features approximately 25,000 square feet of space with R7A zoning and an additional 6000 square feet of air rights. The property comprises two existing three-story multi-family buildings and an expansive 50x125 lot. It includes a private driveway and garage. The R7A zoning permits transformative development. Located on Ocean Avenue near Avenue J, this property offers exceptional development potential and luxury living opportunities with significant value appreciation.
Key Highlights
- Exceptional residential development opportunity with R7A zoning.
- Approximately 25,000 square feet lot size with an additional 6000 SF of Air Rights.
- Prime location on Ocean Ave Of Ave J.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,455
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Premier residential development site with multi-family buildings and expansive lot.
Where is this residential land & home lot located?
The property is located at 1470 Ocean Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,894,988.
What are key features of this property?
This property features: Exceptional residential development opportunity with R7A zoning.; Approximately 25,000 square feet lot size with an additional 6000 SF of Air Rights.; Prime location on Ocean Ave Of Ave J.
