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Commercial Condo with Retail C of O
For Sale
$899,000

2533 Ocean Ave C1, Brooklyn, NY 11229

Ground floor commercial condo with cellar and deeded parking.

Property Size2,879 SF
Lot Size0.13 Acres
Price / SF$312.26
Days on Market165

Property Features for 2533 Ocean Ave C1

General Information

Standard status Active
Size 2,879 SF
Lot size 0.13 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,086

Building Details

Building Size 2,879 SF
Year Built 2015
Stories 7
Listing Agency: REMAX EDGE
Listed By: Jason Zhou · License #10301217017
Source: Elliman
Added: Mar 11 Changed: Aug 10 Last Checked: Aug 22 at 8:00AM

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 REMAX EDGE

Investment Insights

Based on property information with market context.

This ground floor commercial condominium offers 542 square feet on the street level, plus 2,337 square feet of cellar space, for a combined approximate area of 2,879 square feet. It is located in a 2015 elevator building just off Avenue U. The property includes a deeded parking spot and has a Retail Certificate of Occupancy (C of O). The ground floor features an open retail or showroom area, a restroom, and a rear storage room. The cellar includes a reception area, two private rooms, a prep or work counter with a utility sink, an oversized open space, and two additional bathrooms. The two levels may be connected internally by adding a staircase. The property is suitable for retail, professional office, medical or wellness services, a studio, or a training center. The combined monthly maintenance is approximately $782.11, and the annual property tax is approximately $3,528. There are 7 years remaining on the tax abatement.

Key Highlights

  • Expansive space with 2,879 SQFT total: 542 SQFT at street level and 2,337 SQFT in the cellar.
  • Benefit from the Retail Certificate of Occupancy (C of O) covering both the street level and cellar areas.
  • Prime location just off Avenue U commercial corridor.

Property Analytics

Current Use

First Helath Adult ... Geriatric Care Provider

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.

Location Intelligence

Trade Area within ½ mile

4,390
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 30% Electronics 9%
McDonald's Dining
21,651 visits/mo 0.5 miles
TD Bank Shops & Services
12,196 visits/mo 0.5 miles
Starbucks Dining
9,533 visits/mo 0.5 miles
East West Bank Shops & Services
6,307 visits/mo 0.4 miles
Luigi's Pizzeria Dining
2,866 visits/mo 0.2 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor commercial condo with cellar and deeded parking.
Where is this retail space located?
The property is located at 2533 Ocean Ave C1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Expansive space with **2,879 SQFT total**: 542 SQFT at street level and 2,337 SQFT in the cellar.; Benefit from the **Retail Certificate of Occupancy (C of O)** covering both the street level and cellar areas.; Prime location just off Avenue U commercial corridor.
More about this property
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