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Six-Story Mixed-Use Building
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522 Ocean Avenue, Brooklyn, NY 11226

Pre-war property combines apartments, fully leased retail units, and an income-producing rooftop antenna.

Property Size78,889 SF
Price / SF$190.14
Days on Market10

Property Features for 522 Ocean Avenue

General Information

Standard status Active
Size 78,889 SF
Class D
Property subtype Mixed Use, Multifamily, Retail
Zoning R7A / C2-4
Occupancy 97%
Investment Type Stabilized
Net Operating Income $1,149,000

Building Details

Year Built 1927
Buildings 1
Stories 6
Units 86
Tenancy Multi
Listing Agency: Meridian Capital Group Midtown
Listed By: Shallini Mehra · License #NY 10301207794
Source: Crexi
Added: Aug 26 Changed: Aug 31 Last Checked: Sep 1 at 7:13AM

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 Meridian Capital Group Midtown

Investment Insights

Based on property information with market context.

Built in 1927, this six-story mixed-use property contains approximately 78,889 SF with 86 apartments and 11 ground-floor retail units occupied by nine tenants. The residential entrance opens to a large lobby retaining original architectural details, with two stainless-steel elevators serving the building. A rooftop antenna provides an additional income source, while the retail component is fully leased.

The property occupies a corner position along the Church Avenue retail corridor in Prospect Park South, Brooklyn. Surrounding retail includes independent businesses, national chains, delis, and fresh produce stands. Transit access is provided by the nearby Church Avenue B/Q station and Nostrand Avenue 2/5 station, with direct service to Downtown Brooklyn and Manhattan. Prospect Park is also minutes away.

Key Highlights

  • Approximately 78,889 SF mixed‑use building
  • 86 apartments and 11 ground‑floor retail units
  • Retail component is 100% leased to nine tenants

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Kitchen & Bath Showroom Auto Parts Store

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

5,008
Businesses Nearby

Demographics for 11226, NY

101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
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?
Mixed-use property - Pre-war property combines apartments, fully leased retail units, and an income-producing rooftop antenna.
Where is this mixed-use property located?
The property is located at 522 Ocean Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Approximately 78,889 SF mixed‑use building; 86 apartments and 11 ground‑floor retail units; Retail component is 100% leased to nine tenants
(212) 468-5958 Call to check price and availability
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