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    2533 Ocean Ave Brooklyn, NY 11229

    Sponsored
    For Sale
    $999,000

    Two Units, Prime Location, High Traffic

    Property size:
    3,397 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 2533 Ocean Avenue C1, Brooklyn, NY 11229, offers a rare opportunity to acquire two units totaling 3,397 square feet in the vibrant Sheepshead Bay neighborhood. Ideally situated near the Ave U business district, this property boasts high visibility and excellent access to public transportation, including the B3 bus and Q train. The package deal includes a ground-level unit (C1) of 640 square feet and a spacious basement unit (C2) spanning 2,757 square feet. Both units share a convenient total of four restrooms. The property sits on a 3,500 square foot lot and features impressive ceiling heights ranging from 11 to 15 feet, providing ample space and flexibility for various commercial uses. The Certificate of Occupancy designates the property as retail, making it suitable for a wide range of commercial offices and community facilities. The asking price is $999,000, with a combined monthly maintenance fee of $588 for both units. Annual property taxes are also applicable. One parking space is included. Don't miss this chance to own a thriving commercial property in a high-demand area.

    Property Features for 2533 Ocean Ave

    General Information

    Property type
    Retail properties
    Square Feet
    3,397 SF

    Building Details

    Units
    2

    HighLights

    • Two units totaling 3,397 square feet in Sheepshead Bay, Brooklyn.
    • High‑visibility location near Ave U business district with easy access to public transportation (B3 bus & Q train).
    • Ground‑level unit (640 SF) and spacious basement unit (2,757 SF) with four restrooms total.
    • Situated on a 3,500 SF lot with impressive 11‑15 ft. ceiling heights.
    • Retail‑zoned, suitable for various commercial uses.
    • Asking price: $999,000; $588 combined monthly maintenance; one parking space included; annual property taxes apply.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Helath Adult ... Aged Care

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.951127
    Latitude
    40.599916

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    FAQs

    What type of property is this?
    Retail property - Two Units, Prime Location, High Traffic
    Where is this retail property located?
    The property is located at 2533 Ocean Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Two units totaling 3,397 square feet in Sheepshead Bay, Brooklyn.; High-visibility location near Ave U business district with easy access to public transportation (B3 bus & Q train).; Ground-level unit (640 SF) and spacious basement unit (2,757 SF) with four restrooms total.
    Request Owner's contact information
    2533 Ocean Ave Brooklyn, NY 11229
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    Brooklyn, NY 11229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2533 Ocean Ave Brooklyn, NY 11229
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