Search
Brooklyn Multifamily Investment Opportunity
For Sale
$2,580,000

1096 Ocean Ave, Brooklyn, NY 11230

Renovated multifamily building with stable tenants in prime Brooklyn location.

Property SizeContact for details
Lot Size0.13 Acres
Days on Market172

Property Features for 1096 Ocean Ave

General Information

Standard status Active
Lot size 0.13 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $61,189

Building Details

Year Built 1931
Stories 4
Listing Agency: E House Realty & Mgt. Inc.
Listed By: Selyna D. Eng
Source: Elliman
Added: Mar 11 Changed: Aug 13 Last Checked: Aug 28 at 5:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of E House Realty & Mgt. Inc.

Investment Insights

Based on property information with market context.

This full building, located on Ocean Avenue between Foster Avenue and Glenwood Road in Brooklyn, presents an investment opportunity. The property features newly renovated units with updated electrical, plumbing, and piping systems. The building is occupied by rent-stabilized tenants, ensuring consistent income through high occupancy. The property is well-maintained and situated in a vibrant neighborhood with strong rental demand.

Key Highlights

  • Newly renovated units with brand‑new electrical, plumbing, and piping.
  • Stable rent‑stabilized tenants and high occupancy for consistent income.
  • Prime location on Ocean Avenue in a highly desirable Brooklyn neighborhood.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,740
Businesses Nearby

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily building with stable tenants in prime Brooklyn location.
Where is this apartment building located?
The property is located at 1096 Ocean Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,580,000.
What are key features of this property?
This property features: Newly renovated units with brand‑new electrical, plumbing, and piping.; Stable rent‑stabilized tenants and high occupancy for consistent income.; Prime location on Ocean Avenue in a highly desirable Brooklyn neighborhood.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message