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Property profile

2701 Ocean Ave Brooklyn, NY 11229

OFF-MARKET
Office Spaces
Property ID
US63-1136458
View Sample
1,220 SF

Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Total area 1,220 SF
UPID US63-1136458

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Gym & Fitness Center Alternative Medicine Practice
  • Skin Care Clinic
  • HVAC Service General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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