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729 Ocean Pkwy Kensington (brooklyn), NY 11230
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3485224
Sold Date 10/12/23
Originating Board onekey
Year Built 1925
Annual Tax Amount $7,003
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 25.58x100.83
Property Description
Introducing 729 Ocean Parkway, a premier mixed-use property nestled in the vibrant heart of Brooklyn. This splendid brick construction represents a unique opportunity for the discerning investor or developer, with the added advantage of R7A zoning. The property hosts an expansive professional office on the first floor, perfectly suited for a broad range of businesses. The well-designed layout includes a large entry space or living room. three private rooms(3bedrooms), a bathroom, and an abundance of additional space that can be effortlessly adapted to fit any specific requirements. Head upstairs to the second floor to discover a well maintained 2-bedroom residential apartment. This generously proportioned residence exudes charm and comfort with a formal dining room, a welcoming living room, and other essential amenities that cater to a comfortable and modern lifestyle. Notably, the R7A zoning allows for further development, offering the potential for growth and considerable return on investment. With the possibility to build up to seven plus floors, developers can exploit the opportunity to create additional residential units or commercial spaces, or a combination of both, to meet the market's ever-growing demand. The property's location adds significant value, set amidst the bustling, culturally rich, and diverse Brooklyn neighborhood. 729 Ocean Parkway sits in close proximity to an array of shops, cafes, restaurants, and parks. Public transportation is easily accessible, promising a comfortable commute to various parts of the city. In conclusion, this is a rare find. With its mix of current functionality and future potential, it promises a remarkable investment opportunity. Whether you are an investor seeking a reliable income-generating asset or a developer envisioning your next project, this property presents an unparalleled opportunity that is not to be missed.
Location
State NY
County Brooklyn
Zoning R7A
Interior
Heating Natural Gas, Baseboard
Fireplace N
Building
Sewer Public Sewer
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Bought with Keller Williams Rlty Landmark