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Property view

2514 Ocean Avenue, 
Brooklyn, NY 11229

$1,498,000


8

Beds


2

Baths


1,938

Sq Ft


Multi-Family

Pending

Listed by

Xinyi Qian

One Realty Global Corp

Last updated:

October 23, 2026, 08:31 AM

MLS#

RLS20121271

Source:

NY REBNY

About This Home

2514 Ocean Avenue

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.

Home Facts

Multi-Family

2 Baths

8 Bedrooms

Built in 1930

Subdivision & Development:

Madison

Price Summary

1,498,000

$772 per Sq. Ft.

MLS #:

RLS20121271

Last Updated:

October 23, 2026, 08:31 AM

Added:

7 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,938 Sq. Ft.


Structure

Structure

Architectural Style:

Prewar

Building Area:

1,938 Sq. Ft.

Year Built:

1930


Finances & Disclosures

Finances

Price:

$1,498,000

Price per Sq. Ft:

$772 per Sq. Ft.

MLS Logo
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 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.