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This Multifamily Property is no longer advertised on LoopNet.com.
540 Ocean Ave
Brooklyn, NY 11226
Multifamily Property For Sale
·
40 Units

Investment Highlights
- Additional 33,365 ft of air rights.
- Basement- Installed fireproof sheetrock throughout the basement ceiling
- 9 Minute walk to Prospect Park
- Major roof work 8/2016
Property Facts
| No. Units | 40 | Lot Size | 0.50 AC |
| Property Type | Multifamily | Building Size | 46,452 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1914 |
| Zoning | R7-1, Brooklyn - R7A. Additional 33,365 ft of air rights. | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 46,452 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built | 1914 |
| Zoning | R7-1, Brooklyn - R7A. Additional 33,365 ft of air rights. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Crown Molding
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Controlled Access
- Courtyard
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 650 |
| 2+1 | 12 | - | 900 |
| 3+1 | 17 | - | 1,100 |
| 4+1 | 10 | - | 1,300 |
Property Taxes
| Parcel Number | 05099-0116 | Improvements Assessment | $750,150 |
| Land Assessment | $270,000 | Total Assessment | $1,020,150 |
Property Taxes
Parcel Number
05099-0116
Land Assessment
$270,000
Improvements Assessment
$750,150
Total Assessment
$1,020,150
Listing ID: 30885759
Date on Market: 2/6/2024
Last Updated:
Address: 540 Ocean Ave, Brooklyn, NY 11226
The Prospect Park South Multifamily Property at 540 Ocean Ave, Brooklyn, NY 11226 is no longer being advertised on LoopNet.com. Contact Avadi Realty for information on availability.
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