1212 Ocean AveBrooklyn, NY 11230

For Sale
$420,000

48-unit Brooklyn apartment building.

Overview

Added:
Dec 11, 2024
Days on market:
95
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.

Property Details for 1212 Ocean Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
1,040 SF
Year Built
1925
Stories
6
Units
48

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6326198
Longitude
-73.9581623
1212 Ocean Ave, Brooklyn, New York

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1212 Ocean Ave
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