Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Construction Company
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Construction Company
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Construction Company
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Roofing Company General Contractor
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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