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Brooklyn Multifamily Redevelopment Opportunity

2786 Ocean Avenue Brooklyn, NY 11229

Claim this Listing
For Sale
$2,349,000

MULTI_FAMILY - Brooklyn, NY

Property size:
2,640 SF
Lot size:
0.07 Acres
Price / SF:
$889/SF
Added:
May 25, 2026
Days on Market:
50
Last Refresh:
Jul 13 at 1:06 pm

Property Features for 2786 Ocean Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R7A
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Interior features
A/C Unit - Window
Basement
Finished
Standard status
Active
Size
2,640 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
10422

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Parquet Wood
Building materials
Brick
Roof type
Shingle

Listing agent Dalia Samouha

Listing office Ideal Properties Realty, LLC 1816 Avenue J, Brooklyn, NY

Listing date May 25, 2026

MLS# 501577 Listing URL

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.


Investment Insights

Based on property information with market context.

This semi-detached 2-family property, situated on a 24x125 lot, offers significant potential for investors, builders, and developers. Zoned R7A, the property presents a strong opportunity for future redevelopment, including the possibility of a condominium project, subject to architect and city approvals. The existing structure is being sold as is, making it suitable for customization, repositioning, or new construction. The property includes a shared driveway and benefits from strong visibility on a high-traffic corridor. Conveniently located near the B3 Bus and the New York City Subway Q line, it provides easy access to Manhattan and surrounding Brooklyn neighborhoods. The property is located moments from Emmons Avenue and Shore Boulevard, offering proximity to Sheepshead Bay's vibrant waterfront dining, shopping, and lifestyle amenities. This is a versatile property in a high-demand location with strong upside potential. The property size is 2640 square feet and the lot size is 0.0686 acres.

Key Highlights

  • Semi‑detached 2‑family property built in 1930 with brick construction
  • 24x125 lot with shared driveway
  • R7A zoning district; potential for redevelopment, including possible condominium project (subject to approvals)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Catering Service Nursing Home Nursing Home Coworking & Hybrid Office (Bike/Boat/Book/etc) Store Acupuncture

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

FAQs

What type of property is this?
Duplex - Two-family property with redevelopment potential in Sheepshead Bay.
Where is this duplex located?
The property is located at 2786 Ocean Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,349,000.
What are key features of this property?
This property features: Semi‑detached 2‑family property built in 1930 with brick construction; 24x125 lot with shared driveway; R7A zoning district; potential for redevelopment, including possible condominium project (subject to approvals)
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More about this property
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