2325 OceanBrooklyn, NY 11229

  • Residential income properties
  • 44,880 SF
Off market
$992,624 Estimated

Property Details for 2325 Ocean

Year built
1939
Lot size
0.20 AC
Property size (Sq ft)
44,880 SF
Zone code
R7A
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
06826-0066
APU
68260066

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,200,806
    6.5%
    $8,493,051
    7%
    $7,886,405
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,089,232
    Geo Method
    $9,089,232
  • Alternative Use

    Use
    Valuation
    Residential
    $8,493,051
    Hospitality
    $7,779,590
    Educational
    $6,472,527
    Medical
    $6,695,127
    Retail
    $10,068,375
2325 Ocean, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6051
Longitude
-73.9521
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $682,650
  • Assessed land value
    $137,700
  • Assessed value
    $820,350
  • Tax year
    2024
  • Tax bill
    $80,630

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