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, 729 Ocean Parkway 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.
Sold for $1,500,000 on 10/12/23
$1,500,000
729 Ocean Parkway, Brooklyn, NY 11230
5beds
--sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$1,536,600 Zestimate®
$--/sqft
$4,374 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 21, 2024 at 05:39am
Listed by:
Marty Vandenburg 917-346-8108,
Keller Williams Rlty Landmark 718-475-2700
Bought with:
Marty Vandenburg, 10401344247
Keller Williams Rlty Landmark
Source: OneKey® MLS,MLS#: L3485140
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard
Appliances
- Included: Gas Water Heater
Features
- Formal Dining
- Basement: Finished,Full
- Attic: Partial
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Off Street, Other, Shared Driveway
- Has uncovered spaces: Yes
Lot
- Size: 2,579 sqft
- Dimensions: 25.58 x 100.83
- Features: Near Public Transit, Near School, Near Shops, Stone/Brick Wall
Details
- Parcel number: 054280008
- Zoning: R7A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1925
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Water: Public
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Commercial (Mix Use)
Other
Other facts
- Listing agreement: Exclusive Agency