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265 Ocean Ave, Brooklyn, NYC

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This property has been sold, rented, or removed from the market. The information below is kept for reference.

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$3,900,000
Off Market 10 days on market
MLS# 505697

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

DESIRABLE APARTMENT MIXCONSISTENT INCOME

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.

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