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2183 & 2187 Ocean Avenue, Brooklyn, NY 11229

PROPERTY METRICS

  • Price / sq ft $174
  • Price $4,600,000
  • Property Type Development Site
  • Address 2183 & 2187 Ocean Avenue
  • City Brooklyn
  • State NY
  • Zip 11229
  • Buildable SF 26,400

PROPERTY DETAILS

The Nowak Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 2183 & 2187 Ocean Avenue, two adjacent owner-occupied medical office properties with development potential located between Avenue R & Quentin Road in the Madison section of Sheepshead Bay in Brooklyn, NY.

The subject properties are 24 ft x 64 ft & 22 ft x 70 ft, respectively. Both lots are 30 ft by 110 ft and are zoned R7A, allowing for 26,400 buildable square feet as-of-right. The combined properties feature 60 ft of frontage on Ocean Avenue just one block away from Kings Highway.

The subject properties are located four blocks from the Kings Highway subway station, serviced by the B & Q lines as well as by the B2, B31, B82, and B100 bus lines. Investors and developers have the opportunity to purchase two adjacent development sites in the growing Madison subsection of the popular Sheepshead Bay neighborhood where commercial and residential rents remain strong.

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