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2537 OCEAN Avenue Brooklyn, NY $ 7,600,000
2537 OCEAN Avenue
$ 7,600,000
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2537 OCEAN Avenue

Brooklyn, NY, 11229
$ 7,600,000
Bedrooms11 Baths12.1 Sq 684

Monthly Estimate*

$ 46,795

Commercial Property for sale in Brooklyn, NY

for $7,600,000 with 11 bedrooms and 12 full baths, 1 half bath. This 684 square foot building was built in 1930.

2537 Ocean Avenuе prеsеnts а rаrе opportunitу tο асquirе a newly developed 7-story mixed-use asset in the heart of Homecrest, Brooklyn. Spanning approximately 11,293 square feet, the property consists of 10 residential units and 2 commercial spaces, offering a strong projected income stream with a projected NOI of approximately $466,836 and a 6.14% cap rate.

Positioned along the highly trafficked Ocean Avenue corridor between Avenue U and Avenue T, the elevator building features modern construction, exceptional street presence, and floor-to-ceiling commercial storefronts with outstanding visibility. The residential component includes 7 free-market units and 3 affordable units, with many residences offering private balconies, terraces, and abundant natural light. The commercial spaces are delivered vanilla box with HVAC, plumbing, and sprinkler systems already in place, creating immediate flexibility for medical, retail, wellness, or professional use.

The property benefits from convenient access to the Q train at Avenue U, as well as multiple bus lines, placing residents and businesses in one of Southern Brooklyn's most established and densely populated neighborhoods. Surrounded by new developments, local retailers, restaurants, and neighborhood amenities, 2537 Ocean Avenue offers investors a turnkey, income-producing asset with long-term upside in a rapidly evolving corridor

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Commercial Active

Price

$ 7,600,000

Bedrooms

11

Full Bath

12

Half Bath

1

Property Type

Commercial

Taxes

$ 6,000

Style

Year Built

1930

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20092571

List By
Elan Urisoff

Listing Agent

Douglas Elliman Real Estate

Broker

(347) 780-8893

Phone

Affordability Calculator

$47,295
Per Month
99%
1%
0%
Monthly Principal & Interest
$46,795
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
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Pricing History
DatePricePrice ChangeDescription
5/20/2026$7,600,000 Listed Price

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2537 OCEAN Avenue, Brooklyn, NY, 11229 is a Commercial Property for sale at $7,600,000 with 684 sqft. 2537 OCEAN Avenue has 11 bedrooms, 12.1 baths, and was built in 1930. The property's zip code is 11229 which is in Brooklyn, NY