Ad #7639922
MLS #1024367
Calling All Investors, Developers, & End-Users!!! 5.61 Cap 100%
2145 Ocean Ave, Brooklyn, New York, 11229
$8,750,000
--Beds
--Baths
--Sqft
0.253Acres
About this property
Calling All Investors, Developers, & End-Users!!! 5.61 Cap 100% Occupied 40 Unit Apartment Building On A Huge 11,000 Sqft. Lot In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R7A Zoning, High 9' Ceilings, 2 Skylights, 4 Stories, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Madison Just Off Kings Hwy. Near Kings Plaza & Minutes From The Belt Pkwy.!!! Neighbors Include T-Mobile, Target, ShopRite, CubeSmart Self Storage, Extra Space Storage, Staples, Petco, T.J. Maxx, CVS, Dunkin', Walgreens, Burlington, Michaels, CityMD, Meineke Car Care Center, Raising Cane's, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt A1: $15,270.72 Ann.; Lease Exp.: 11/30/27. Apt. A2: $14,159.76 Ann.; Lease Exp.: 10/14/26. Apt. A3: $18,852.72 Ann.; Lease Exp.: 8/31/27. Apt. A4: $21,600 Ann. Super. Apt. A5: $16,561.08 Ann.; Lease Exp.: 9/30/27. Apt. A6: $15,529.56 Ann.; Lease Exp.: 5/31/28. Apt. A7: $16,469.28 Ann.; Lease Exp.: 5/31/27. Apt. A8: $17,205.96 Ann.; Lease Exp.: 12/31/27. Apt. A9: $16,978.80 Ann.; Lease Exp.: 5/31/28. Apt. A10: $16,15896 Ann.; Lease Exp.: 4/30/27. Apt. B1: $25,200 Ann.; Lease Exp.: 3/31/27. Apt. B2: $14,675.16 Ann.; Lease Exp.: 8/31/26. Apt. B3: $15,154.92 Ann.; Lease Exp.: 6/30/27. Apt. B4: $23,356.20 Ann.; Lease Exp.: 8/31/26. Apt. B5: $16,860.84 Ann.; Lease Exp.: 7/31/27. Apt. B6: $19,988.88 Ann.; Lease Exp.: 4/30/27. Apt. B7: $15,993.72 Ann.; Lease Exp.: 5/31/27. Apt. B8: $17,700 Ann.; Lease Exp.: 2/28/27. Apt. B9: $12,975.48 Ann.; Lease Exp.: 3/31/27. Apt. B10: $18,171.48 Ann.; Lease Exp.: 11/30/26. Apt. C1: $24,291.96 Ann.; Lease Exp.: 5/31/28. Apt. C2: $16,456.68 Ann.; Lease Exp.: 12/31/26. Apt. C3: $17,556 Ann.; Lease Exp.: 12/31/27. Apt. C4: $12,715.08 Ann.; Lease Exp.: 3/31/27. Apt. C5: $18,776,04 Ann.; Lease Exp.: 11/30/27. Apt. C6: $19,192.08 Ann.; Lease Exp.: 11/30/26. Apt. C7: $19,200 Ann.; Lease Exp.: 4/30/28. Apt. C8: $16,176.60 Ann.; Lease Exp.: 5/31/28. Apt. C9: $19,662.48 Ann.; Lease Exp.: 5/31/28. Apt. C10: $17,987.40 Ann.; Lease Exp.: 1/31/28. Apt. D1: $22,354.08 Ann.; Lease Exp.: 3/31/27. Apt. D2: $17,825.04 Ann.; Lease Exp.: 7/31/26. Apt. D3: $18,112.68 Ann.; Lease Exp.: 12/31/26. Apt. D4: $23,038.92 Ann.; Lease Exp.: 8/31/26. Apt. D5: $17,734.68 Ann.; Lease Exp.: 8/31/26. Apt. D6: $18,355.20 Ann.; Lease Exp.: 5/31/28. Apt. D7: $16,810.44 Ann.; Lease Exp.: 12/31/26. Apt. D8: $17,642.16 Ann.; Lease Exp.: 2/28/28. Apt. D9: $16,823.64 Ann.; Lease Exp.: 5/31/28. Apt. D10: $16,686 Ann.; Lease Exp.: 2/28/27. Gross Income: $716,260.68 Ann. Expenses: Fuel: $43,031.92 Ann. Electric: $2,861.80 Ann. Water & Sewer: $33,764.48 Ann. Insurance: $17,954.11 Ann. Maintenance & Repairs: $19,964.95 Ann. Taxes: $107,930.10 Ann. Total Expenses: $225,507.36 Ann. Net Operating Income (NOI): $490,753.32 Ann. (5.61% Cap!!!)
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1925
0.253 Acres
On Street
Siding: Brick, Frame
Oil
$136,669 / yr property tax
Kings County
Additional Photos
Contact Information
Richard Matt Shane
All Island Estates Realty Corp
516-279-8828
Location
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$8,750,000
--
Beds
--
Baths
--
Sqft
2145 Ocean Ave, Brooklyn, New York, 11229
By contacting this agent you agree to these Terms and Conditions.
MLS# 1024367
Calling All Investors, Developers, & End-Users!!! 5.61 Cap 100%
$8,750,000
2145 Ocean Ave, Brooklyn, New York, 11229
--
Beds
--
Baths
--
Sqft
0.253
Acres
$8,750,000
2145 Ocean Ave, Brooklyn, New York, 11229
-- Beds
-- Baths
-- Sqft
0.253 Acres
Calling All Investors, Developers, & End-Users!!! 5.61 Cap 100% Occupied 40 Unit Apartment Building On A Huge 11,000 Sqft. Lot In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R7A Zoning, High 9' Ceilings, 2 Skylights, 4 Stories, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Madison Just Off Kings Hwy. Near Kings Plaza & Minutes From The Belt Pkwy.!!! Neighbors Include T-Mobile, Target, ShopRite, CubeSmart Self Storage, Extra Space Storage, Staples, Petco, T.J. Maxx, CVS, Dunkin', Walgreens, Burlington, Michaels, CityMD, Meineke Car Care Center, Raising Cane's, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt A1: $15,270.72 Ann.; Lease Exp.: 11/30/27. Apt. A2: $14,159.76 Ann.; Lease Exp.: 10/14/26. Apt. A3: $18,852.72 Ann.; Lease Exp.: 8/31/27. Apt. A4: $21,600 Ann. Super. Apt. A5: $16,561.08 Ann.; Lease Exp.: 9/30/27. Apt. A6: $15,529.56 Ann.; Lease Exp.: 5/31/28. Apt. A7: $16,469.28 Ann.; Lease Exp.: 5/31/27. Apt. A8: $17,205.96 Ann.; Lease Exp.: 12/31/27. Apt. A9: $16,978.80 Ann.; Lease Exp.: 5/31/28. Apt. A10: $16,15896 Ann.; Lease Exp.: 4/30/27. Apt. B1: $25,200 Ann.; Lease Exp.: 3/31/27. Apt. B2: $14,675.16 Ann.; Lease Exp.: 8/31/26. Apt. B3: $15,154.92 Ann.; Lease Exp.: 6/30/27. Apt. B4: $23,356.20 Ann.; Lease Exp.: 8/31/26. Apt. B5: $16,860.84 Ann.; Lease Exp.: 7/31/27. Apt. B6: $19,988.88 Ann.; Lease Exp.: 4/30/27. Apt. B7: $15,993.72 Ann.; Lease Exp.: 5/31/27. Apt. B8: $17,700 Ann.; Lease Exp.: 2/28/27. Apt. B9: $12,975.48 Ann.; Lease Exp.: 3/31/27. Apt. B10: $18,171.48 Ann.; Lease Exp.: 11/30/26. Apt. C1: $24,291.96 Ann.; Lease Exp.: 5/31/28. Apt. C2: $16,456.68 Ann.; Lease Exp.: 12/31/26. Apt. C3: $17,556 Ann.; Lease Exp.: 12/31/27. Apt. C4: $12,715.08 Ann.; Lease Exp.: 3/31/27. Apt. C5: $18,776,04 Ann.; Lease Exp.: 11/30/27. Apt. C6: $19,192.08 Ann.; Lease Exp.: 11/30/26. Apt. C7: $19,200 Ann.; Lease Exp.: 4/30/28. Apt. C8: $16,176.60 Ann.; Lease Exp.: 5/31/28. Apt. C9: $19,662.48 Ann.; Lease Exp.: 5/31/28. Apt. C10: $17,987.40 Ann.; Lease Exp.: 1/31/28. Apt. D1: $22,354.08 Ann.; Lease Exp.: 3/31/27. Apt. D2: $17,825.04 Ann.; Lease Exp.: 7/31/26. Apt. D3: $18,112.68 Ann.; Lease Exp.: 12/31/26. Apt. D4: $23,038.92 Ann.; Lease Exp.: 8/31/26. Apt. D5: $17,734.68 Ann.; Lease Exp.: 8/31/26. Apt. D6: $18,355.20 Ann.; Lease Exp.: 5/31/28. Apt. D7: $16,810.44 Ann.; Lease Exp.: 12/31/26. Apt. D8: $17,642.16 Ann.; Lease Exp.: 2/28/28. Apt. D9: $16,823.64 Ann.; Lease Exp.: 5/31/28. Apt. D10: $16,686 Ann.; Lease Exp.: 2/28/27. Gross Income: $716,260.68 Ann. Expenses: Fuel: $43,031.92 Ann. Electric: $2,861.80 Ann. Water & Sewer: $33,764.48 Ann. Insurance: $17,954.11 Ann. Maintenance & Repairs: $19,964.95 Ann. Taxes: $107,930.10 Ann. Total Expenses: $225,507.36 Ann. Net Operating Income (NOI): $490,753.32 Ann. (5.61% Cap!!!)
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1925
0.253 Acres
EXTERIOR
On Street
Siding: Brick, Frame
INTERIOR
Oil
FINANCIAL & COMMUNITY
$136,669 / yr property tax
Kings County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7639922
Viewed
26 times
Listing Status
Active
Added
Jul 14, 2026
Last Refresh
Jul 24, 2026 09:32:24 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
1024367
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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