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Property view

265 Ocean Avenue, 
Brooklyn, NY 11225

$3,900,000


—

Bed


25

Baths


20,240

Sq Ft


Multi-Family

Active

Listed by

Joseph F. Girgenti

Ben Bay Rlty Co Of Ave U LLC.

718-372-6442

Last updated:

November 4, 2026, 02:12 PM

MLS#

505697

Source:

BROOKLYN

About This Home

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.

Home Facts

Multi-Family

25 Baths

Built in 1931

Price Summary

3,900,000

$192 per Sq. Ft.

MLS #:

505697

Last Updated:

November 4, 2026, 02:12 PM

Added:

16 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

25

Full Bathrooms:

25

Interior

Living Area:

20,240 Sq. Ft.


Structure

Structure

Building Area:

20,240 Sq. Ft.

Year Built:

1931


Lot

Lot Size (Sq. Ft):

7,350


Finances & Disclosures

Finances

Price:

$3,900,000

Price per Sq. Ft:

$192 per Sq. Ft.

Source:BROOKLYN
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.