Six-Unit Multifamily Masonry
For Sale
$999,999
2057 OCEAN Avenue, Brooklyn, NY 11230
Six two-bedroom, one-bath apartments in a 1925 masonry building with full-height basement on a 25x110 lot.
Property Size4,800 SF
Lot Size0.06 Acres
Price / SF$208.33
Days on Market88
Property Features for 2057 OCEAN Avenue
General Information
Standard status
Active
Size
4,800 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Zoning
R7A
Additional Details
Cap Rate
8.39%
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$24,048
Building Details
Building Size
4,800 SF
Year Built
1924
Tenancy
Multi
Listing Agency:
Corcoran Group
(516) 849-3129
Listed By:
Mike Laurent · License #10401365017
(516) 849-3129
Source:
Carlinwright
Added: Jun 2
Changed: Aug 25
Last Checked: Aug 26 at 2:53PM
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 Corcoran Group
Investment Insights
Based on property information with market context.
This 1925 six-unit multifamily masonry building includes approximately 4,800 SF above grade and a full-height basement of approximately 1,500 SF. The property is configured with six residential apartments, each offering a two-bedroom, one-bath layout. Several units are occupied by a non-profit entity, and current gross annual revenue is $158,076.
The building measures 25 by 75 feet and sits on a 25 by 110 foot lot totaling approximately 2,750 SF. Zoned R7A, it has an as-built FAR of approximately 1.75 and an allowable FAR of 4.0, providing an estimated 6,200 SF of additional buildable area and approximately 11,000 SF of total potential buildable area.
Located along Ocean Avenue in Midwood, the property offers convenient access to neighborhood shopping, dining, community centers, and public transportation. The B and Q at Kings Highway subway station is about 0.3 miles away, supporting connectivity to Manhattan and across Brooklyn.
The building measures 25 by 75 feet and sits on a 25 by 110 foot lot totaling approximately 2,750 SF. Zoned R7A, it has an as-built FAR of approximately 1.75 and an allowable FAR of 4.0, providing an estimated 6,200 SF of additional buildable area and approximately 11,000 SF of total potential buildable area.
Located along Ocean Avenue in Midwood, the property offers convenient access to neighborhood shopping, dining, community centers, and public transportation. The B and Q at Kings Highway subway station is about 0.3 miles away, supporting connectivity to Manhattan and across Brooklyn.
Key Highlights
- 1925 six‑unit multifamily masonry building with full‑height basement
- Each unit is a 2‑bedroom, 1‑bath apartment (6 residential apartments total)
- Approximately 4,800 SF above grade plus 1,500 SF full‑height basement
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,432
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six two-bedroom, one-bath apartments in a 1925 masonry building with full-height basement on a 25x110 lot.
Where is this apartment building located?
The property is located at 2057 OCEAN Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 1925 six‑unit multifamily masonry building with full‑height basement; Each unit is a 2‑bedroom, 1‑bath apartment (6 residential apartments total); Approximately 4,800 SF above grade plus 1,500 SF full‑height basement
