2145 Ocean AveBrooklyn, NY 11229

This exceptional investment opportunity presents a 40-unit apartment building located at 2145 Ocean Avenue in Brooklyn, New York, within the R7A zoning district. The property boasts a substantial 37,600 square feet of space, situated on an 11,000 square foot lot. Constructed in 1925, this four-story building comprises one building and offers a diverse mix of units: 28 one-bedroom apartments, 2 studio apartments, and 10 spacious two-bedroom apartments. The building enjoys a prime location bordering Madison and Prospect Park, providing convenient access to local amenities, restaurants, shops, and public transportation. Its strong financial performance is evidenced by a Net Operating Income (NOI) of $440,233. The asking price for this well-maintained property is $8,500,000. This represents a compelling opportunity to acquire a piece of Brooklyn's rich real estate history, offering significant potential for future growth and return on investment. The building's character and durable construction, combined with its desirable location and strong income stream, make it an attractive proposition for discerning investors. The property's zip code is 11229, and it is located in Kings County.