---
title: "2537 OCEAN Avenue, Brooklyn, NY 11229"
description: "2537 OCEAN Avenue, Brooklyn, NY 11229 — NYC real estate listing on Real Estate Rebate Team. Priced at $7,600,000. Est. potential buyer savings up to $190,000 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11229/2537-ocean-avenue-ny-11229"
source: "Real Estate Rebate Team"
---

# 2537 OCEAN Avenue, Brooklyn, NY 11229

> **Listing Courtesy of:** Douglas Elliman Real Estate

## Description

2537 Ocean Avenue presents a rare opportunity to acquire a newly developed 7-story mixed-use asset in the heart of Homecrest, Brooklyn. Spanning approximately 11,293 square feet, the property consists of 10 residential units and 2 commercial spaces, offering a strong projected income stream with a projected NOI of approximately $466,836 and a 6.14% cap rate. 
  Positioned along the highly trafficked Ocean Avenue corridor between Avenue U and Avenue T, the elevator building features modern construction, exceptional street presence, and floor-to-ceiling commercial storefronts with outstanding visibility. The residential component includes 7 free-market units and 3 affordable units, with many residences offering private balconies, terraces, and abundant natural light. The commercial spaces are delivered vanilla box with HVAC, plumbing, and sprinkler systems already in place, creating immediate flexibility for medical, retail, wellness, or professional use. 
  The property benefits from convenient access to the Q train at Avenue U, as well as multiple bus lines, placing residents and businesses in one of Southern Brooklyn's most established and densely populated neighborhoods. Surrounded by new developments, local retailers, restaurants, and neighborhood amenities, 2537 Ocean Avenue offers investors a turnkey, income-producing asset with long-term upside in a rapidly evolving corridor

## Property Details

- **Price**: $7,600,000
- **Potential Buyer Rebate**: $190,000
- **Bedrooms**: 11
- **Bathrooms**: 12 full, 1 half
- **Living Area**: 684 sqft
- **Property Type**: Residential
- **Year Built**: 1930
- **Building**: 2537 OCEAN Avenue
- **Neighbourhood**: Madison
- **Area / Borough**: Brooklyn
- **Subdivision**: Madison
- **Listing Office**: Douglas Elliman Real Estate
- **State**: NY
- **Flags**: New Development, Sponsor Unit

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$190,000** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/2537-ocean-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/madison)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.