2145 Ocean Ave
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2145 Ocean Ave
40 Unit Apartment Building $8,500,000 ($212,500/Unit) 5.18% Cap Rate Brooklyn, NY 11229
Investment Highlights
- GREAT LOCATION WITH HIGH TRAFFIC
- HIGH INCOME PROPERTY
- SPACIOUS APARTMENTS
Executive Summary
Explore this exceptional investment opportunity that borderlines Madison and Prospect Park. This 4-story building offers a selection of 40 units. 28 1-bedroom apartments. 2 studio apartments. 10 Spacious 2-bedroom apartments. Highlights of this building include its location on Ocean Avenue, in the heart of Brooklyn, enjoy easy access to local restaurants and shops, transportation, and the Brooklyn Botanic Garden. Crafted with meticulous attention to detail, ensuring durability - this building holds great character. High annual income of approximately $650,000! Seize this distinctive chance to own a slice of Brooklyn's real estate heritage.
Property Facts
| Price | $8,500,000 | Apartment Style | Mid Rise |
| Price Per Unit | $212,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 5.18% | Building Size | 37,600 SF |
| No. Units | 40 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment |
| Price | $8,500,000 |
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| Cap Rate | 5.18% |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 37,600 SF |
| No. Stories | 4 |
| Year Built | 1925 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Courtyard
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (90)
PROPERTY TAXES
| Parcel Number | 06783-0057 | Improvements Assessment | $991,800 |
| Land Assessment | $148,500 | Total Assessment | $1,140,300 |
PROPERTY TAXES
Parcel Number
06783-0057
Land Assessment
$148,500
Improvements Assessment
$991,800
Total Assessment
$1,140,300
zoning
| Zoning Code | R7A |
| R7A |
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2145 Ocean Ave
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