2219 Ocean Ave | Brooklyn, NY 11229
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2219 Ocean Ave
Brooklyn, NY 11229
Office Property For Sale
Investment Highlights
- Multi-family with commercial space located in Midwood.
- Versatility for expansion if desired with 11,000 square feet of FAR!
- Mixed use apartment building commercial space and 2 residential units.
- Close by are shops and restaurants, public parks, and public transportation.
Executive Summary
Excellent mixed-use investment or development opportunity (delivered vacant) on sought-after Ocean Avenue, in a prime location in Brooklyn near all conveniences. With a medical office on the ground floor and 2 roomy apartments above, you'll enjoy great rental income every month; plus there's lots of versatility for expansion if desired with 11,000 square feet of FAR!
The building also has a full day-lit basement with windows, high ceilings and tons of storage, and a large backyard. The front entry accesses the medical office's waiting room at left, as well as a hall with stairs to the apartments on the second floor. Both units have a living/dining room, a kitchen, and full bath. One of the apartments has 3 bedrooms, and the other, has 2. Madison is a wonderful enclave nestled near the attractions of the popular Brooklyn neighborhoods, Sheepshead Bay, Marine Park, Midwood, and Coney Island. Close by are shops and restaurants, public parks, and public transportation.
The building also has a full day-lit basement with windows, high ceilings and tons of storage, and a large backyard. The front entry accesses the medical office's waiting room at left, as well as a hall with stairs to the apartments on the second floor. Both units have a living/dining room, a kitchen, and full bath. One of the apartments has 3 bedrooms, and the other, has 2. Madison is a wonderful enclave nestled near the attractions of the popular Brooklyn neighborhoods, Sheepshead Bay, Marine Park, Midwood, and Coney Island. Close by are shops and restaurants, public parks, and public transportation.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,280 SF
Building Class
C
Year Built
1930
Price
$2,146,910 CAD
Price Per SF
$655 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,640 SF
Building FAR
1.25
Lot Size
0.06 AC
Zoning
R7A - R7 - Medium-density apartment house district with lower parking requirements
Amenities
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06803-0073 | Improvements Assessment | $112,410 CAD |
| Land Assessment | $23,444 CAD | Total Assessment | $135,854 CAD |
PROPERTY TAXES
Parcel Number
06803-0073
Land Assessment
$23,444 CAD
Improvements Assessment
$112,410 CAD
Total Assessment
$135,854 CAD
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