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Residential Development Site with Plans
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2510 Ocean Ave, Brooklyn, NY 11229

Approved plans call for 25 residential units plus ground-floor and lower-level community facility space.

Property SizeContact for details
Days on Market126

Property Features for 2510 Ocean Ave

General Information

Standard status Active
Property subtype Mixed Use, Land

Additional Details

Multifamily Units 25
Listing Agency: RIPCO Real Estate New York
Listed By: Kevin Schmitz · License #NY 10401284640
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 5:56AM

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 RIPCO Real Estate New York

Investment Insights

Based on property information with market context.

2510–2514 Ocean Avenue is a residential development site delivered with approved plans for 25 residential units, along with community facility space on the ground floor and lower level. The property is currently improved by two (2) two-family buildings, which will be delivered vacant at the time of closing.

Conveniently located four blocks east of the Q subway station at Avenue U & East 16th Street, the site also offers walkable access to the Kings Highway shopping district, which includes Target, TJ Maxx, The Children’s Place, and Marshalls.

The approved program provides a straightforward path to either rental residential units or condominiums, with the community facility space designed to accommodate uses suitable for tenants such as medical offices on the Avenue.

Key Highlights

  • 2510‑2514 Ocean Avenue in Sheepshead Bay is a residential development site with approved plans for 25 residential units
  • Plans include ground‑floor and lower‑level community facility space
  • Two existing two‑family buildings on‑site will be delivered vacant at closing

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Nursing Home Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25
Residential units

Location Intelligence

Trade Area within ½ mile

5,026
Businesses Nearby

Demographics for 11229, NY

83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Approved plans call for 25 residential units plus ground-floor and lower-level community facility space.
Where is this apartment building located?
The property is located at 2510 Ocean Ave Brooklyn, NY.
What are key features of this property?
This property features: 2510‑2514 Ocean Avenue in Sheepshead Bay is a residential development site with approved plans for 25 residential units; Plans include ground‑floor and lower‑level community facility space; Two existing two‑family buildings on‑site will be delivered vacant at closing
(516) 647-7155 Call to check price and availability
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