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Brick Multifamily Property
New
For Sale
$1,500,000

119 Oceanview Ave, Brooklyn, NY 11235

The two-story building includes a partial third story, basement, and one-car garage.

Property SizeContact for details
Days on Market3

Property Features for 119 Oceanview Ave

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $18,731

Building Details

Year Built 1950
Year Renovated 2003
Buildings 1
Stories 3
Construction red-brick
Listing Agency: Ilite Realty Inc
Listed By: Ayzik Nasimov
Source: Elliman
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 11 at 7:50AM

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 Ilite Realty Inc

Investment Insights

Based on property information with market context.

Built in 1950, this brick multifamily property has a poured-concrete foundation, replacement Thermopane windows, gas heating, and storage and mechanical areas. The structure includes two full stories, a partial third story, and a partial basement, along with a one-car garage. It was altered in 2003.

The property is currently occupied as a two-family residence. Architectural plans depict a five-dwelling-unit layout, but that configuration has not been completed. The property is on Oceanview Avenue in Brooklyn’s Brighton Beach area. WalkScore is 92, BikeScore is 72, and TransitScore is 100.

Key Highlights

  • Brick construction with a poured‑concrete foundation
  • Two stories plus a partial third story and partial basement
  • One‑car garage, storage, and mechanical areas

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Catering Service Nursing Home HVAC Service (Bike/Boat/Book/etc) Store Garden Center

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

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,023
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The two-story building includes a partial third story, basement, and one-car garage.
Where is this multifamily property located?
The property is located at 119 Oceanview Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Brick construction with a poured‑concrete foundation; Two stories plus a partial third story and partial basement; One‑car garage, storage, and mechanical areas
More about this property
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