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This property has been sold, rented, or removed from the market. The information below is kept for reference.
$3,900,000
Off Market
10 days on market
265 Ocean Ave
📍 Brooklyn, Brooklyn, NY 11225
45.0
Beds
25.0
Baths
20,240
Sqft
$193
Per sqft
1931
Year built
Land
Type
About this property
Prime Prospect Park Location | 25-Unit Multifamily Investment Opportunity Presenting an exceptional investment opportunity at 265 Ocean Avenue, a well-maintained, 25-unit multifamily apartment building ideally situated on Ocean Avenue between Lincoln Road and Parkside Avenue, directly across from Prospect Park in one of Brooklyn’s most desirable residential corridors. This four-story property features 50 feet of frontage and a building depth of approximately 119 feet, with a desirable apartment mix consisting of 8 one-bedroom apartments, 14 two-bedroom apartments, and 3 three-bedroom apartments. The property generates an impressive Annual Gross Operating Income of $491,844 and Net Op
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Amenities & features
Key facts
Consistent income
7,350 sq ft lot
Built 1931
Property details
Property typeLand
Listing statusOff Market
Lot size7,350 sqft
Year built1931
Days on market10 days
MLS #505697
Estimated monthly payment
Listing price$3,900,000
Down payment (20%)$780,000
Loan amount$3,120,000
Principal & interest (7%, 30yr)$20,757/mo
Property tax (est.)$3,792/mo
Home insurance (est.)$1,625/mo
Estimated total$26,174/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.



