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    2701 Ocean Ave Brooklyn, NY 11229

    For Sale
    $449,000

    Prime Brooklyn medical/office space. Vacant, ready to lease.

    Property size:
    1,220 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial co-op opportunity presents a 1,220 square foot, vacant office space located at 2701 Ocean Avenue in Brooklyn, New York, zip code 11229. The property is zoned R7A and features two units (1A and 1B) totaling 1,220 square feet, currently available for immediate occupancy. The asking price is $449,000, translating to a price per square foot of $368.03. The building offers convenient access to public transportation, a significant advantage for both staff and clients. The property boasts two separate entrances, enhancing functionality and potentially allowing for independent leasing of the two units. Monthly maintenance fees for both units (1A & 1B) are $1078. This versatile space is suitable for a variety of medical or traditional office uses, making it an attractive investment opportunity in a thriving Brooklyn neighborhood. A 3-D virtual tour is available online for a comprehensive view of the property. This is a rare chance to acquire a well-located, adaptable commercial space in a desirable area.

    Property Features for 2701 Ocean Ave

    General Information

    Property type
    Medical offices
    Square Feet
    1,220 SF

    Building Details

    Units
    2

    HighLights

    • 1,220 sq ft vacant office condo for sale at 2701 Ocean Avenue, Brooklyn, NY 11229.
    • Two units (1A & 1B) totaling 1,220 sq ft, immediately available.
    • Asking price: $449,000 ($368.03/sq ft).
    • Monthly maintenance: $1078.
    • R7A zoning; suitable for medical or general office use.
    • Two separate entrances.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Melvin H. Kanan, ... Chiropractor Sigal's Wellness Wellness Center Laser Skin Care ... Laser Hair Removal Service Lion Art Cool: ... Hvac Contractor

    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
    State
    New York
    Longitude
    -73.9503937
    Latitude
    40.5956191

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    FAQs

    What type of property is this?
    Medical office - Prime Brooklyn medical/office space. Vacant, ready to lease.
    Where is this medical office located?
    The property is located at 2701 Ocean Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 1,220 sq ft vacant office condo for sale at 2701 Ocean Avenue, Brooklyn, NY 11229.; Two units (1A & 1B) totaling 1,220 sq ft, immediately available.; Asking price: $449,000 ($368.03/sq ft).
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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
    2701 Ocean Ave Brooklyn, NY 11229
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