2533 Ocean Ave Brooklyn, NY 11229
- Retail space
- 542 SF
Current Use by Public Records
- First Helath Adult Care Center / Aged Care
Property Details for 2533 Ocean Ave
- Year built
- 2015
- Property size
- 542 SF
- Zone code
- R7A
- Property type
- Retail space
- APN
- 07325-1502
- APU
- 73251502
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $295,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $370,000
- Mixed-Use
- $355,000
- Hospitality
- $360,000
- Educational
- $350,000
- Residential Income
- $300,000
- Energy
- $310,000
- Income-Based Land
- $320,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9511
- Latitude
- 40.5999
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
