Meridian Investment Sales is pleased to present 522 Ocean Avenue, an 86-unit, six-story elevator apartment building with 11 ground-floor retail units (9 tenants) and a rooftop antenna, totaling ±78,889 SF on a prominent corner at Ocean and Church Avenues in Prospect Park South, Brooklyn. Anchored by an exceptionally strong retail component — nine fully leased storefronts along a proven stretch of the Church Avenue retail corridor. There is $258,830 of annual preferential rent upside. Commuters are steps from the Church Avenue [B/Q] and Nostrand Avenue [2/5] express stops, providing direct service to Downtown Brooklyn and Manhattan. With its scale, corner retail presence, and dense Flatbush trade area, 522 Ocean Avenue represents a unique opportunity to acquire a cash-flowing mixed-use asset.

Asking Price: $13,950,000 | 8.2% Cap Rate