For sale
$950,000
Commercial propertyUnit 7550
1,679 SF building0.23 acres lot
$566/SF (asking price ÷ building area)
7550 North Broadway #7550Red Hook, NY 12571
Listing courtesy of MONDELLO UPSTATE PROPERTIES LLC · MyStateMLS #12028789
For sale
$1,200,000
3,200 SF buildingBuilt 2018
1916 Ocean AveBrooklyn, NY 11230
Commercial property (from the listing description) · MLS 11941709 · Listed 77 days ago (Aug 19, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Ph: 9I7-453-8779 * COMMUNITY FACILITY - for MEDICAL, DENTAL, CHIROPRACTOR, Adult/Child Daycare, ACADEMY, TUTORING，MUSEUM, NON-PROFIT OFFICE (Property tax exempt), General Community Center, RELIGIOUS. All utilities ready. Ceiling ht is 8 feet 8 inch with additional 1 ft above ceiling for wiring. Magellan-Midwood. New 8 story new condo Bldg Central to all traffic, up and coming narea. But still deeply undervalued as bklyn north demographics moves south for savings. Wise investment choice? Go to street easy for bldg pics Owner waives all legal fees - condo bk fees, tax abatement fees, sponsor attorney fees = Total 9K savings. 3200 sf on right hand side of bldg, entrance faces Ocean Ave- empty box right now w bathrm and all utility- plumbing, sprinklers, electrical, mechanical- already installed. The layout is a long skinny hallway from entrance-about 200 sf- going into a almost square box of 3000 sf. Ceiling ht is 8 feet 8 inch with additional 1 ft above ceiling for wiring. Building is also centrally located to all public transport, shopping, restaurants, beach- 2 Chinatowns at Ave U and 86st. Ocean Ave spans north to south in a mere 15 min drive - allows quick non-congested transit to any direction u going - Queens, Manhattan, Long Island, Upstate NY, NJ. Midwood is truly Most CENTRALLY located. Why Midwood may be a Wise investment choice Midwood is possibly undervalued - based on area comparison, possible buyer demographics shift and Midwood's pre-Hollywood history. Midwood $600-700/sf, is cheaper-perhaps safer investment in event of a downswing- compared to the north (Williamsburg/Prospect Park $1200-1400/sf). With the same subway convenience nearby, this may encourage buyer shift to south Brooklyn from the north, thus upside potential (this price difference of $600/sf may narrow and may be captured over time). Flatbush, directly above Midwood, is already at $900/sf and Midwood ($650/sf) is next in line on being possibly price influence. * https://www.moreinfo.media/6592d1d8-7ba5-40bb-b42b-88157bf95c67
Description provided by the listing brokerage.
Key facts
- Asking price
- $1,200,000
- Status
- For sale
- Property type
- Commercial (type not stated)From the listing description
- Building area
- 3,200 SFSource field LivingArea
- Year built
- 2018
- MLS number
- 11941709
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $1,200,000
- Price per SF of building
- $375/SFAsking price ÷ 3,200 SF reported building area
- Annual taxes
- $44,796
Building and site
- County
- Kings County
Reported features
- Natural gas (from a listing field)
- Public water (from a listing field)
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Heating
- Hot Water
- Natural Gas
- Electric
Construction
- Stucco
Water
- Public (Water Source)
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Brooklyn.
Why this listing is on Commercial Only
- MLS property class detail. (PropertyTypeDetail: commercial)
How listings qualify. Something wrong? Report it.
Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of Statewide Properties LLC. Listing agent: Vitaly Isaacs. Listings provided by MyStateMLS.
Listing last modified at the source Sep 28, 2026, 5:07 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 8:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.