x
Showing 1 of 0
X
Save

265 Ocean Avenue
Brooklyn NY 11225 US

$3,900,000

Active Listing ID 505697
rule icon
20,240 square feet
bath icon
25.00 Bath (25 Full)
lot icon
Lot: 0.17 Acres
home icon
Other

$3,900,000

Active Listing ID 505697
Save

265 Ocean Avenue Prime Prospect Park Location | 25-Unit Multifamily Investment Opportunity Presenting an exceptional investment opportunity at 265 Ocean Avenue, a well-maintained, 25-unit multifamily apartment building ideally situated on Ocean Avenue between Lincoln Road and Parkside Avenue, directly across from Prospect Park in one of Brooklyn's most desirable residential corridors. This four-story property features 50 feet of frontage and a building depth of approximately 119 feet, with a desirable apartment mix consisting of 8 one-bedroom apartments, 14 two-bedroom apartments, and 3 three-bedroom apartments. The property generates an impressive Annual Gross Operating Income of $491, 844 and Net Operating Income (NOI) of $226, 542.96, providing investors with an established income-producing asset in a highly sought-after rental market. Located just minutes from Prospect Park, public transportation, shopping, restaurants, and neighborhood amenities, the property benefits from a prime location that continues to attract strong residential rental demand. 265 Ocean Avenue represents an outstanding opportunity for investors seeking a substantial multifamily asset with consistent income, long-term appreciation potential, and enduring value in one of Brooklyn's most established and desirable neighborhoods.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 25
  • Floor Covering: Hardwood, Ceramic
  • Roof Type: Asphalt

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3900000
  • unparsedaddress: 265 Ocean Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11225
  • bathroomsfull: 25
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1687
  • lotsizeunits: Acres
  • lotsizearea: 0.1687
  • livingarea: 20240
  • livingareaunits: Square Feet
  • latitude: 40.656639
  • longitude: -73.961761
  • listagentfullname: Joseph F. Girgenti
  • listagentemail: Joseph.Girgenti@gmail.com
  • listagentkey: 3yd-BMLSNY-jg4863
  • listagentmlsid: jg4863
  • listagentpreferredphone: 7183726442
  • listagentofficephone: 7183726442
  • listofficekey: 3yd-BMLSNY-116073
  • listofficemlsid: 116073
  • disclaimer: Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1931
  • listingcontractdate: 2026-10-28
  • listagenturl: http://www.benbayre.com
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick, Masonry
  • flooring: Hardwood, Ceramic
  • numberofunitstotal: 25
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Refrigerator, Stove
  • rooms: Bathroom 21, Bathroom 18, Bathroom 11, Bathroom 17, Bathroom 14, Bathroom 6, Bathroom 4, Bathroom 22, Bathroom 3, Bathroom 15, Bathroom 9, Bathroom 24, Bathroom 23, Bathroom 5, Bathroom 8, Bathroom 12, Bathroom 13, Bathroom 19, Bathroom 16, Bathroom 10, Bathroom 7, Bathroom 1, Bathroom 20, Bathroom 2, Bathroom 25
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.96176, 40.65664
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ben Bay Realty Co", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Joseph.Girgenti@gmail.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Ben Bay Realty Co", "ListBrokeragePhone":"(718) 680-6442", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8304 13th Avenue", "ListBrokerageWebsiteUrl":"http://www.benbayre.com", "ListOfficeAddress1":"8304 13th Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"116073", "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"Sgirgenti@benbayre.com", "ListOfficePostalCode":"11228", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential, Brooklyn, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/265-Ocean-Ave_Brooklyn_NY_11225_M90432-73368?f=listhub&s=BMLSNY&m=505697&c=rexren", "MLSModificationTimestamp":"2026-10-30 16:59:51", "Neighborhoods":[{"Description":null, "Name":"Flatbush"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":105402, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 10/30/2026 9:37:05 PM GMT
Source Updated Date: 11/4/2026 12:52:41 PM GMT

Courtesy of: Joseph F. Girgenti, Ben Bay Rlty Co of Ave U LLC, Joseph.Girgenti@gmail.com

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.