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  • 265 Ocean Avenue
  • $ 3,900,000
265 Ocean Avenue Flatbush Brooklyn NY 11225
265 Ocean Avenue Flatbush Brooklyn NY 11225

265 Ocean Avenue

Flatbush   |   Lincoln Rd & Parkside Av

Building For Sale
$ 3,900,000
Ownership Multi-Family
Lot Size 50'x147'
Status Active
Real Estate Taxes [Per Annum] $ 105,402
Building Size 50'x119'
Year Built 1931
ASF/ASM 20,240/1,880
 

Photos

265 Ocean Avenue Flatbush Brooklyn NY 11225

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
265 Ocean Avenue Flatbush Brooklyn NY 11225

Property Description

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 $507,445 and Net Operating Income (NOI) of $242,143, providing investors with an established income-producing asset in a highly sought-after rental market. Located just minutes from Prospect Park, public transportation, shopping, restaurants, and neighborhood amenities, the property benefits from a prime location that continues to attract strong residential rental demand. 265 Ocean Avenue represents an outstanding opportunity for investors seeking a substantial multifamily asset with consistent income, long-term appreciation potential, and enduring value in one of Brooklyn’s most established and desirable neighborhoods.
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 $507,445 and Net Operating Income (NOI) of $242,143, providing investors with an established income-producing asset in a highly sought-after rental market. Located just minutes from Prospect Park, public transportation, shopping, restaurants, and neighborhood amenities, the property benefits from a prime location that continues to attract strong residential rental demand. 265 Ocean Avenue represents an outstanding opportunity for investors seeking a substantial multifamily asset with consistent income, long-term appreciation potential, and enduring value in one of Brooklyn’s most established and desirable neighborhoods.

Listing Courtesy of Ben Bay Rlty Co of Ave U LLC

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

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Apartment Features

Exposed Bricks
Hardwood Floors
Private Entrance
265 Ocean Avenue Flatbush Brooklyn NY 11225
265 Ocean Avenue Flatbush Brooklyn NY 11225

Building Details [265 Ocean Avenue]

Ownership Multi-Family
Block/Lot 5026/337
Building Size 50'x119'
Zoning R7-1
Year Built 1931
Floors 4
Lot Size 50'x147'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 505697