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360 Ocean Pkwy Brooklyn, NY 11218

OFF-MARKET Apartment buildings Google Maps
850 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 41-unit apartment building, located at 360 Ocean Parkway in the desirable Kensington neighborhood of Brooklyn, New York, presents a compelling investment opportunity. The property boasts a total of 850 square feet and is offered at an attractive price of $349,000, translating to a price per unit of $411. Situated in Kings County, with a zip code of 11218, this multifamily property benefits from its prime location. While specific unit details are not provided, the building offers a significant number of rental units, presenting potential for strong rental income. The seller is motivated and has reduced the price to facilitate a quick sale. This makes it an attractive proposition for investors seeking a solid return on investment in a thriving Brooklyn neighborhood. Further details regarding the individual units and their layouts are available upon request. A virtual tour is available online for a preliminary view of the property. This is a rare opportunity to acquire a substantial multifamily asset in a highly sought-after area of Brooklyn. Serious inquiries are encouraged to act swiftly. The property's location offers easy access to various amenities and transportation options, enhancing its appeal to potential tenants. This is a turnkey investment ready for immediate income generation.

Property profile

Verified
Property type Apartment buildings
Total area 850 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Construction Company
  • Construction Company
  • Construction Company
  • Roofing Company General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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