622 Ocean Avenue
Description
Maximized Residential Buildable Area with Quality Housing : Under the Quality Housing Program, the...Welcome to an exceptional development opportunity in a thriving residential district. This 6,250 sq ft lot, perfectly situated with dimensions of 50 ft by 125 ft, offers a prime canvas for your next project. The property is located in the R7A zoning district, an area designated for medium-density residential development, providing a balanced blend of community charm and urban convenience. Key Features:
Maximized Residential Buildable Area with Quality Housing : Under the Quality Housing Program, the maximum FAR can be increased. In an R7A district, the FAR can be increased to 4.0 for residential use if the development meets Quality Housing standards.. This property allows for a significant buildable area of up to 25,000 sq ft. This is an ideal opportunity to create a medium-density housing project that can meet the needs of the community while maximizing your investment potential. Strategic Location: Situated within an area that encourages medium-density development, this lot is poised for growth and transformation. The R7A zoning promotes the development of residential buildings and community facilities, making it a versatile choice for developers looking to create vibrant living spaces. Elevated Ground Position: The ground elevation of 46 ft provides a solid foundation for construction, ensuring stability and a commanding presence in the neighborhood. Development Potential:
This property offers immense potential for a variety of development scenarios, whether youre looking to create a residential building with multiple units, a community facility, or a combination of both. The R7A zoning districts flexibility allows for innovative and impactful designs that can cater to modern urban living demand. Dont miss out on this rare opportunity to develop a significant residential project in a sought-after zoning district.
Amenities
- Walk Up
- Lowrise
Property Details for 622 Ocean Avenue
| Status | Active |
|---|---|
| MLS ID | 98300TH |
| Days on Market | 91 |
| Taxes | $34,604 / year |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 17.0 |
| Compass Type | Mixed Use |
| MLS Type | Mixed Use |
| Year Built | 1910 |
| Lot Size | 6,250 SF / 50' x 125' |
| County | Kings County |
Building
622 Ocean Ave
Location
Building Information for 622 Ocean Avenue
Payment Calculator
$30,061 per month
30 year fixed, 6.28% Interest
$27,177
$2,884
$0
Property History for 622 Ocean Avenue
| Date | Event & Source | Price | Appreciation | Link |
|---|---|---|---|---|
| Dec 4, 2025 | Listed (Active) OLR #98300TH | $5,500,000 | — | |
| Nov 28, 2025 | Contract Signed OLR #98300TH | $5,500,000 | — | |
| Sep 9, 2025 | Listed (Active) OLR #98300TH | $5,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/04/2025 | $5,500,000 | |
| 11/28/2025 | $5,500,000 | |
| 09/09/2025 | $5,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 622 Ocean Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 889 PublicPK to 5 | ||
Ms 246 Walt Whitman Public6 to 8 | ||
Brooklyn College Academy Public9 to 12 | ||
Middle 890 Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Reliable
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.