Ocean Ave Retail-Residential Development Doing Well

Last July, when we reported that the development on the corner of Ocean Avenue and Avenue Z was nearly complete, a couple of commenters began laying into this project and many others along Ocean Avenue. One called these developments “nondos,” and they all pointed out that the area’s new units appear to have problems selling.

Well, scratch that for the Avenue Z spot.

The mixed-use building that once housed John J. Healey Funeral Home looks like it’s just about booked up, and in less than a year after its completion. All of the residential units up top look occupied, and a handful of businesses have moved into the ground floor.

Most notably, perhaps, is the new 99¢ and Up store. The business is taking up two of the five storefronts, including one on the side of the building (pictured), which wraps around the interior to a front entrance. Next to that, an oral surgeon has put up signage. The remaining storefronts don’t have “For Lease” signs up, and it looks like some work is going on inside, so it’s possible they’re already booked as well.

Not bad for a corner everyone said would be doomed to emptiness.

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