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40-Unit Apartment Building
For Sale
$8,000,000

2145 Ocean Avenue, Brooklyn, NY 11229

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Lot Size0.25 Acres
Days on Market99

Property Features for 2145 Ocean Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R7A
Parking features On Street
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 06783-0057
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 136669

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Amenities

high ceilings
skylights
3 phase power
LED lighting
A/C

Building Details

Year built 1925
Number of units 40
Building materials Brick, Frame
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane
Added: Jul 13 Changed: Oct 7 Last Checked: Oct 19 at 5:06PM
MLS# 1024367

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This four-story apartment property contains 40 units on an 11,000-square-foot lot and dates to 1925. Building features include 9-foot ceilings, two skylights, three-phase power, air conditioning, and new LED lighting. Construction is brick and frame, with oil heat and public water and sewer. The property is reported fully occupied, with a 6.16% cap rate.

Located at 2145 Ocean Avenue in Brooklyn, the building is near Kings Highway and the Belt Parkway. Nearby retailers and services include Target, ShopRite, Kings Plaza, CVS, Walgreens, Aldi, and CityMD. Parking is on street, and the zoning designation is R7A.

Key Highlights

  • 40 apartment units in a four‑story building
  • 11,000‑square‑foot lot; 0.2525 acres
  • R7A zoning

Property Analytics

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Lease Details

9 ft
Clear height
40
Residential units
100%
Occupancy
Yes
Heavy power
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,779
Businesses Nearby

Demographics for 11229, NY

83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
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

Frequently Asked Questions

What type of property is this?
Apartment building - Four-story residential property with R7A zoning, skylights, air conditioning, and updated LED lighting.
Where is this apartment building located?
The property is located at 2145 Ocean Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 40 apartment units in a four‑story building; 11,000‑square‑foot lot; 0.2525 acres; R7A zoning
More about this property
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