2786 Ocean Avenue, Brooklyn, NY 11229
Kings County
Key Facts
Description
This semi-detached 2-family property sits on a 24x125 lot and offers exceptional potential for investors, builders, and developers. Located in an R7A zoning district, the property presents a strong opportunity for future redevelopment, including the possibility of a condominium project (subject to architect and city approvals). The existing structure is being sold as is, making it ideal for those looking to customize, reposition, or build new. The property features a shared driveway and benefits from strong visibility on a high-traffic corridor. Conveniently located near the B3 Bus and New York City Subway Q line, offering easy access to Manhattan and surrounding Brooklyn neighborhoods. Just moments from Emmons Avenue and Shore Boulevard, enjoy proximity to Sheepshead Bay’s vibrant waterfront dining, shopping, and lifestyle amenities. A rare opportunity to secure a versatile property in a high-demand location with strong upside potential.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1930
Stories
2
Living Area
2,640 sq ft
Lot Size
0.07 acres
Lot Dimensions
125 x 23
Zoning
R7A
Days on Market
1
MLS® Listing#
501577
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Construction
Foundation
Roof
Financial Details
Annual Taxes
$10,422
Affordability Calculator
$469,800
Estimated monthly payment
$12,502/mo
Principal $1,879,200 · Est. interest $2,621,651 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $989,806
- Median Listing Price
- 81
- Median Days on Market
- 1,640
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,910
- Active Listings
- This home’s price is 137% above the area median.
- Its price per sq ft is 57% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
- 2786 Ocean Avenue, Brooklyn, NY 11229
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
P. S 254 Dag Hammarskjold
Elementary · 0.2 mi away
PS 206
Elementary · 0.3 mi away
The Special Children Center
Elementary · 0.3 mi away
Yeshivat Ohel Torah
School · 0.3 mi away
Bnei Shelomo
School · 0.4 mi away
Brooklyn Armenian School
School · 0.4 mi away
Saint Mark Catholic Academy
School · 0.4 mi away
Yeshivat Lev Torah
School · 0.4 mi away
Bnos Yaakov High School
Secondary · 0.4 mi away
Yeshivat Mekor Haim
School · 0.4 mi away
Young Israel of Kingsbay
School · 0.4 mi away
Kidzhome
Elementary · 0.5 mi away
St. Edmund Preparatory High School
Secondary · 0.5 mi away
Yeshivat or Hatorah
School · 0.5 mi away
Yde Boys High School
Secondary · 0.5 mi away
St Edmund Elementary School
Elementary · 0.6 mi away
Connie Lekas School
Secondary · 0.6 mi away
PS 286 the Sheepshead Bay School
Elementary · 0.6 mi away
Torah Academy High School
Secondary · 0.6 mi away
J. H. S. 014 Shell Bank
Secondary · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 463 Bainbridge Street, Brooklyn, NY | $1,649,000 | — | — | — |
| 102 Cornelia Street, Brooklyn, NY | $1,649,000 | 10 | 4 | 3,500 |
| 1940 West 3rd Street, Brooklyn, NY | $1,649,000 | 3 | — | 1,760 |
| 2177 E 69 Street, Brooklyn, NY | $1,649,000 | 3 | 2 | 5,000 |
| 6909 15th Avenue, Brooklyn, NY | $1,649,000 | 12 | — | 4,920 |
| 2177 East 69th Street, Brooklyn, NY | $1,649,000 | 9 | — | 5,000 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: Ideal Properties Realty, LLC - 7185762663
Fair Housing NoticeLast Updated: 2026-05-25