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11 Beds
13 Baths
684 sqft

$6,500,000

2537 OCEAN Avenue, Brooklyn NY, 11229

Price per sqft$9,502.92
Built in1930
Property size684 sqft
Property typeOther

Overview

Active

Listed May 20, 2026

Updated 4 weeks ago

2537 Ocean Avenue presents a rare opportunity to acquire 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

$43,245/mo

Est. mortgage payment based on a $6,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
RLS20092571

Interior Features

Bedrooms
11
Bathrooms
13
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$6,000
Tax Frequency
Annually
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Listing Courtesy of Douglas Elliman Real Estate -  Elan Urisoff

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026  The Real Estate Board of New York, Inc., All rights reserved

RLS Data display by . Data last updated on 8/21/2026 at 9:39 PM UTC

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