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265 Ocean Avenue, Brooklyn, NY 11225

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
265 Ocean Avenue,Brooklyn, NY 11225
$3,900,000
  • - Beds
  • 25 Baths
  • 20,240 sq. ft.
  • Multi-family
  • Active
Listed by: joseph f. girgenti
Office: ben bay rlty co of ave u llc.
MLS#:505697
Source:BROOKLYN

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$192.69

About this home

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...

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Home facts

  • Year built:1931
  • Listing ID #:505697
  • Added:1 day(s) ago
  • Updated:October 30, 2026 at 09:39 PM

Rooms and interior

  • Total bathrooms:25
  • Full bathrooms:25
  • Flooring:Ceramic, Hardwood
  • Kitchen Description:Refrigerator, Stove
  • Basement Description:Separate Entrance
  • Living area:20,240 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Roof:Asphalt/Tar
  • Year built:1931
  • Building area:20,240 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Brick
  • Exterior Features:Back Yard
  • Foundation Description:Block
  • Levels:4 Stories

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$192.69
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of One Key MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. One Key MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. One Key MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of One Key MLS. BROOKLYN Member Broker: Arlene Waye

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