David Francis New York
    • Currency
    • Login
    • Register
  • Sales
  • Rentals
  • Exclusives
  • Open Houses
  • Our Team
    • Company Information
    • Agent Information
  • Resources
    • About Renting
    • About Buying
    • About Selling
    • Neighborhoods
  • Contact
  • Testimonials
    • Currency
    • Login
    • Register
  • 2537 Ocean Avenue
  • $ 7,600,000
2537 Ocean Avenue Madison Brooklyn NY 11229
2537 Ocean Avenue Madison Brooklyn NY 11229

2537 Ocean Avenue

Madison   |   Avenue T & Avenue U

Building For Sale
$ 7,600,000
Ownership Mixed Use
Lot Size 25'x110'
Floors/Apts 7/10
Status Active
Real Estate Taxes [Per Annum] $ 104,002
Building Type Low-Rise
Building Size 25'x74'
Year Built 2021
ASF/ASM 11,293/1,049
Listing ID: 106356TH
2537 Ocean Avenue Madison Brooklyn NY 11229

Property Description

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

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


Listing Courtesy of Douglas Elliman Real Estate

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C
2537 Ocean Avenue Madison Brooklyn NY 11229
2537 Ocean Avenue Madison Brooklyn NY 11229

Building Details [2537 Ocean Avenue]

Ownership Mixed Use
Service Level None
Block/Lot 7325/52
Building Size 25'x74'
Zoning R7A
Building Type Low-Rise
Year Built 2021
Floors/Apts 7/10
Lot Size 25'x110'

Building Amenities

Sprinkler System

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Home | Sales | Rentals | Exclusives | Open Houses | Our Team | Resources | Contact Us | Testimonials
Terms of use | © 2026 DAVID FRANCIS NEW YORK, ALL RIGHTS RESERVED
While we endeavor to verify the truth and accuracy of the information contained herein, we make no representation or warranty with respect to such information. Accordingly, all information published herein is subject to error, omission, change or withdrawal without notice. Please confirm all information with the contact prior to viewing the apartment.
T01.50.0.0 | Core: 50.0.0
Built With OLR Built With OLR Fair Housing  |  Broker's Procedures Built With OLR
245 East 87th Street New York, NY 10128
T:   212-828-0492   |   Email:   david@dfnyre.com
T01.50.0.0 | Core: 50.0.0