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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
$1,200,000
  • 12 Beds
  • 6 Baths
  • 4,800 sq. ft.
  • Multi-family
  • Active
Listed by: sara fellig, christopher v cavorti, donald lai, thuan mai
Office: corcoran group
MLS#:RLS20094956
Source:NY_REBNY

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$250

About this home

The Forray Team at The Corcoran Group is pleased to exclusively represent 2057 Ocean Avenue, a 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 $1,200,000, the opportunity of an attractive 8.39% CAP Rate is unheard of it in this market.<br> <br> Constructed in 1925, the building contains approximately 4,800SF above grade in addition to 1,500SF full height basement. The building size is 25 x 75FT sitting on a 25 ft 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 approximately 11,000SF creating...

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Home facts

  • Year built:1924
  • Subdivision & Development:Midwood
  • Listing ID #:RLS20094956
  • Added:59 day(s) ago
  • Updated:July 31, 2026 at 12:03 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:$1,200,000
  • Price per sq. ft.:$250
  • 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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