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2510 Ocean Ave
Brooklyn, NY 11229
Residential Development Site - Approved Plans · Land For Sale · 0.14 AC

Investment Highlights

  • Delivered w/ Approved Plans for 25-Units
  • Short walk to the Q subway on Avenue U
  • ~24,000 ZFA + 31,000 Gross Buildable Sq. Ft.

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.14 AC
Zoning R7A

Description

RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 2510-2514 Ocean Avenue, Sheepshead Bay, Brooklyn NY. 2510-2514 Ocean Avenue is a residential development site which will be delivered with approved plans for twenty-five (25) residential units and community facility space on the ground floor and lower level. The property is ideal for either residential rental units or condominiums with recent sell-out values north of $750/SF on the block. Additionally, there are many medical offices on the Avenue who would be suitable tenants for the proposed community facility space. Currently, the property is improved by two (2), two-family buildings which will be delivered vacant at the time of closing. 2510-2514 Ocean Avenue is conveniently located just four (4) blocks east of the Q subway station at Avenue U & East 16th Street. Residents of the project will also be a short walk to the Kings Highway shopping district which includes Target, TJ Maxx, The Children’s Place, Marshalls, and more. For more information about the opportunity including the due diligence room, please reach out to the exclusive brokers directly.

  • Listing ID: 24292238

  • Date on Market: 10/14/2021

  • Last Updated:

  • Address: 2510 Ocean Ave, Brooklyn, NY 11229

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