2514 Ocean Ave, New York City, NY 11229

Description

What’s Special

Prime R7A Development Opportunity – 2514 Ocean Avenue, Brooklyn

Positioned along Brooklyn’s dynamic Ocean Avenue corridor, 2514 Ocean Avenue presents a compelling opportunity for both immediate residential use and long-term redevelopment potential.

Situated on a 23.5 ft × 125.75 ft lot (approx. 2,955 SF), the property is zoned R7A, offering substantial buildable capacity in a neighborhood experiencing consistent residential growth and reinvestment.

Originally built in 1930, the existing two-story structure contains approximately 2,450 SF of gross floor area. The property is currently configured as one building with two total units, classified as a multiple-use residence (S1), allowing flexibility for residential and potential mixed-use configurations.

Development Potential

The true value lies in its R7A zoning designation.

Residential FAR up to 4.0 (buyer to verify independently)

Potential for approximately 12,000 buildable square feet (ZSF)

Estimated capacity for up to 8 stories

Potential configuration of approximately 14 one-bedroom condominium units

Subject to zoning analysis, architectural planning, and city approvals

Ocean Avenue continues to benefit from new development activity, strong end-user demand, and long-term appreciation trends, making this site an ideal candidate for redevelopment into a larger residential or mixed-use building.

Strategic Location

Located within:

Brooklyn Community District 15

City Council District 48

The property benefits from established infrastructure, convenient public transportation, and access to neighborhood retail, schools, and community amenities.

Whether you are an investor seeking to unlock development value or an end-user looking for expansion potential in a high-demand corridor, 2514 Ocean Avenue represents a rare opportunity in one of Brooklyn’s steadily appreciating markets.

All information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own independent due diligence regarding zoning, buildable square footage, and development feasibility.