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Office Medical

2700 Ocean Ave

2700 Ocean Ave, Brooklyn, NY 11229

Listing Price: $4,800,000

Rentable SF
11,800
Occupancy
100.0%
Year Built
1995
Lot Size
0.11 acres

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 2700 Ocean Avenue, a medical office building located in the Sheepshead Bay neighborhood in Brooklyn. The subject property sits on a 40 x 125-foot, R7A zoned lot between Gravesend Neck Road and Avenue W (Block: 7380 Lot: 40).

The building totals 11,800 square feet spread across two levels and a finished cellar. The elevator building is a fully equipped medical center that is currently owner occupied but will be delivered vacant.

The property is zoned R7A allowing for significant residential and community facility development opportunities with 8,200 square feet of unused air rights. The total buildable square feet as of right is 20,000 square feet.

The property is located 3 blocks from the Neck Road (Q) subway station. Investors and owner-users have the opportunity to purchase a strategically located commercial property in the Sheepshead Bay neighborhood.

Investment Highlights

  • Recently Developed Sheepshead Bay 11,800 Square Foot Two-Story Medical Office Elevator Building
  • Zoned R7A Allowing for Significant Redevelopment Opportunities with 8,200 Square Feet of Unused Air Rights for Residential or Community Facility uses or a Total of 20,000 Buildable Square Feet
  • Three Blocks from the Neck Road (Q) Subway Station and Ten Blocks from the Kings Highway (B & Q) Subway Station
  • 40 Feet of Frontage to the Ocean Avenue High Density Residential and Commercial Corridor

Exclusively Listed By

Office Medical

2700 Ocean Ave

Listing Price: $4,800,000

Rentable SF
11,800
Occupancy
100.0%
Year Built
1995
Lot Size
0.11 acres

Investment Highlights

  • Recently Developed Sheepshead Bay 11,800 Square Foot Two-Story Medical Office Elevator Building
  • Zoned R7A Allowing for Significant Redevelopment Opportunities with 8,200 Square Feet of Unused Air Rights for Residential or Community Facility uses or a Total of 20,000 Buildable Square Feet
  • Three Blocks from the Neck Road (Q) Subway Station and Ten Blocks from the Kings Highway (B & Q) Subway Station
  • 40 Feet of Frontage to the Ocean Avenue High Density Residential and Commercial Corridor

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 2700 Ocean Avenue, a medical office building located in the Sheepshead Bay neighborhood in Brooklyn. The subject property sits on a 40 x 125-foot, R7A zoned lot between Gravesend Neck Road and Avenue W (Block: 7380 Lot: 40). The building totals 11,800 square feet spread across two levels and a finished cellar. The elevator building is a fully equipped medical center that is currently owner occupied but will be delivered vacant. The property is zoned R7A allowing for significant residential and community facility development opportunities with 8,200 square feet of unused air rights. The total buildable square feet as of right is 20,000 square feet. The property is located 3 blocks from the Neck Road (Q) subway station. Investors and owner-users have the opportunity to purchase a strategically located commercial property in the Sheepshead Bay neighborhood.

Exclusively Listed By

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