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2057 Ocean Avenue, Brooklyn, NY 11230

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
2057 Ocean Avenue,Brooklyn, NY 11230
$999,999
  • 12 Beds
  • 6 Baths
  • 4,800 sq. ft.
  • Multi-family
  • Active
Listed by: mike laurent, sara fellig, christopher cavorti, donald lai
Office: corcoran group
MLS#:RLS20094956
Source:NY_REBNY

Price summary

  • Price:$999,999
  • Price per sq. ft.:$208.33

About this home

The Forray Team at The Corcoran Group is pleased to exclusively represent 2057 Ocean Avenue, a rent stabilized six-unit multifamily masonry building offering strong cash flow, and an attractive entry point into one of Brooklyn's most established residential neighborhoods. Located in the heart of Midwood, this income-producing property presents a compelling opportunity for investors seeking immediate yield with attractive price point. At the asking price of $999,999.00, the opportunity of an attractive 10.20% CAP Rate is unheard of it in this market.<br> <br> <br> Constructed in 1925, the building contains approximately 4,400SF above grade in addition to 1,500SF full height basement. The building size is 25 x 75FT sitting on a 25 ft &times; 110FT Lot totaling approx. 2,750 Lot SF. Zoned R7A, the asset benefits from an as-built FAR of approximately 1.75 and an allowable FAR of 4.0, providing an estimated 6,200SF of additional buildable area and a total potential buildable area of...

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Home facts

  • Year built:1924
  • Subdivision & Development:Midwood
  • Listing ID #:RLS20094956
  • Added:149 day(s) ago
  • Updated:October 30, 2026 at 01:36 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:24
  • Basement:Yes
  • Living area:4,800 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:4,800 sq. ft.
  • Levels:3 Story

Finances and disclosures

  • Price:$999,999
  • Price per sq. ft.:$208.33
  • Tax amount:$24,048
MLS LogoThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. NY_REBNY Member Broker: Arlene Waye

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