2514 Ocean Avenue Brooklyn, NY $ 1,498,000
2514 Ocean Avenue
$ 1,498,000
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2514 Ocean Avenue

Brooklyn, NY, 11229
$ 1,498,000
Bedrooms8 Baths2.0 Sq 1,938

Monthly Estimate*

$ 10,346

2514 Ocean Avenue, Brooklyn, NY 11229 - Image 1

Multi-Family Home for sale in Brooklyn, NY

for $1,498,000 with 8 bedrooms and 2 full baths. This 1,938 square foot home was built in 1930.

What’s Speciаl

Prіme R7Α Devеlοрment Opportunіtу – 2514 Οсeаn Avenue, Brooklyn

Positioned along Brooklyn’s dynamic Ocean Avenue corridor, 2514 Ocean Avenue presents a compelling opportunity for both immediate residential use and long-term redevelopment potential.

Situated on a 23.5 ft × 125.75 ft lot (approx. 2,955 SF), the property is zoned R7A, offering substantial buildable capacity in a neighborhood experiencing consistent residential growth and reinvestment.

Originally built in 1930, the existing two-story structure contains approximately 2,450 SF of gross floor area. The property is currently configured as one building with two total units, classified as a multiple-use residence (S1), allowing flexibility for residential and potential mixed-use configurations.

Development Potential

The true value lies in its R7A zoning designation.

Residential FAR up to 4.0 (buyer to verify independently)

Potential for approximately 12,000 buildable square feet (ZSF)

Estimated capacity for up to 8 stories

Potential configuration of approximately 14 one-bedroom condominium units

Subject to zoning analysis, architectural planning, and city approvals

Ocean Avenue continues to benefit from new development activity, strong end-user demand, and long-term appreciation trends, making this site an ideal candidate for redevelopment into a larger residential or mixed-use building.

Strategic Location

Located within:

Brooklyn Community District 15

City Council District 48

The property benefits from established infrastructure, convenient public transportation, and access to neighborhood retail, schools, and community amenities.

Whether you are an investor seeking to unlock development value or an end-user looking for expansion potential in a high-demand corridor, 2514 Ocean Avenue represents a rare opportunity in one of Brooklyn’s steadily appreciating markets.

All information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own independent due diligence regarding zoning, buildable square footage, and development feasibility.

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Multi-Family Pending

Price

$ 1,498,000

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,031

Style

Year Built

1930

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20121271

List By
Xinyi Qian

Listing Agent

One Realty Global Corp

Broker

(516) 816-3338

Phone

Affordability Calculator

$11,099
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,346
Monthly Property Taxes
$753
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$1,498,000 Listed Price

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2514 Ocean Avenue, Brooklyn, NY, 11229 is a Multi-Family Home for sale at $1,498,000 with 1,938 sqft. 2514 Ocean Avenue has 8 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 11229 which is in Brooklyn, NY