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Shopping Neighborhood

50 Oceana Dr W

50 Oceana Dr W, Brooklyn, NY 11235

Listing Price: $6,400,000

Cap Rate
5.62%
Gross SF
22,122
Rentable SF
22,122
Price/Gross SF
$289.30
Lot Size
0.51 acres
Year Built
2013

Investment Overview

Property is 100% leased. All leases are recently signed and the bulk of the leases expire in 2030.

Investment Highlights

  • This retail condo is at the base of the luxury oceanfront community 'Oceana' consisting of 16 buildings and 927 residential units. Bus stops for the B1 and B68 are within feet of the subject property
  • Neighboring tenant Chase Bank has over $2.5MM in savings deposits. Total banking savings deposits for the 11235 zip code are in excess of $3.9B.
  • Oceana is bounded by the boardwalk and the Atlantic Ocean, Brighton Beach Avenue and the Manhattan Beach community.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

  • Trever Gallina

    Licensed Real Estate Salesperson

    (718) 475-4307

    Email Trever

    License(s): NY: 40GA0925878

    Brooklyn

Shopping Neighborhood

50 Oceana Dr W

Listing Price: $6,400,000

Cap Rate
5.62%
Gross SF
22,122
Rentable SF
22,122
Price/Gross SF
$289.30
Lot Size
0.51 acres
Year Built
2013

Investment Highlights

  • This retail condo is at the base of the luxury oceanfront community 'Oceana' consisting of 16 buildings and 927 residential units. Bus stops for the B1 and B68 are within feet of the subject property
  • Neighboring tenant Chase Bank has over $2.5MM in savings deposits. Total banking savings deposits for the 11235 zip code are in excess of $3.9B.
  • Oceana is bounded by the boardwalk and the Atlantic Ocean, Brighton Beach Avenue and the Manhattan Beach community.

Investment Overview

Property is 100% leased. All leases are recently signed and the bulk of the leases expire in 2030.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

  • Trever Gallina

    Licensed Real Estate Salesperson

    (718) 475-4307

    Email Trever

    License(s): NY: 40GA0925878

    Brooklyn

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