1212 Ocean AveBrooklyn, NY 11230

This exceptional investment opportunity presents a 48-unit apartment building located at 1212 Ocean Avenue in Brooklyn, New York, 11230. Built in 1925, this six-story, 1,040 square foot building is a well-maintained pre-war structure featuring a chic art deco lobby, live-in superintendent, and package room. The asking price is $420,000. The building is an HDFC property with income restrictions and allows a 10% down payment. Conveniently located near the Q train at Avenue H Station and Newkirk Plaza, residents enjoy easy access to public transportation, Brooklyn College, and numerous local amenities including restaurants, bars, and a farmer's market. While this listing focuses on the building as a whole, one specific unit (5B) is a spacious two-bedroom, one-bathroom apartment with 10-foot ceilings, hardwood floors, ample closet space, and excellent natural light from its north and west exposures. The unit features a large living/dining area, a galley kitchen, and a bathroom with a tub and window. Pet-friendly. Additional storage is available for a fee.