Ocean Ave

Ocean Ave & Avenue U Brooklyn, NY 11229

Ocean Ave & Avenue U, Brooklyn, NY, 11229
Ocean Ave & Avenue U, Brooklyn, NY, 11229
Property Type:
Street Retail
Please Call Broker for Price

Last Verified:
Sep 14, 2021

  • At the Southeast corner of Ocean Avenue and Avenue U, in the Sheepshead Bay (Homecrest) section of Brooklyn, New York
  • 2 Story retail and elevated security medical/office building
  • Train – Brighton Line at East 16th street and Avenue U, just 4 blocks from building
  • Bus – #49, Ocean Avenue, north and south stops across from building
  • Bus – #3, Avenue U, east and west stops across from building

Additional URLs

Map of Ocean Ave & Avenue U, Brooklyn, NY, 11229

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.