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$2,795,000

For Sale

Delisted 10/29/2024

16,000 ft²

$174 per ft²

60 rooms

42 beds

17 baths

Seller's agents

Nate Smith

Licensed Real Estate Salesperson

Oxford Property Group

Yaniv Grinberg

Licensed Real Estate Salesperson

Oxford Property Group

Daniel Mahgerefteh

Licensed Real Estate Salesperson

Oxford Property Group

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Listing by Oxford Property Group, Limited Liability Broker, 401 New Karner Road, Albany, NY 12205

Common charges

Not applicable

Estimated payment

$18,419/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$3,916/mo

Tax abatement

No info

About

Seller’s agent

/

Nate Smith

Licensed Real Estate Salesperson

Oxford Property Group

Yaniv Grinberg

Licensed Real Estate Salesperson

Oxford Property Group

Daniel Mahgerefteh

Licensed Real Estate Salesperson

Oxford Property Group

description

Introducing 1096 Ocean Avenue a huge 16,000sqFt building with seventeen legal 2br & 3br apartments. Built 50x80 on 50x111 lot zoned R7-A. Can build up an additional 6300sqFt (FARx4 at 22,300sqFt buildable)

Monthly RR: 26,453 monthly = 317,436 yearly
19,000 water
2,400 electric
18,000 gas / heat
9,000 insurance
47,000 tax
yearly expenses = 110,400
NOI: 222,036
Cap 6.83%

Policies

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Home features

No info on home features

Building amenities

No info on building amenities

About the building

1096 Ocean Avenue

1096 Ocean Avenue, Brooklyn, NY 11230

Rental building inDitmas Park

16 units

4 stories

1931 built

Property history

  • Price Change: ↓ $55,000 (-1.9%) on 9/6/24
  • Days on market: 685 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

10/29/2024

$2,795,000

Delisted by Oxford Property Group

9/6/2024

$2,795,000

Price decreased by 2%

9/6/2024

$2,850,000

Listed by Oxford Property Group

8/15/2024

$2,850,000

Delisted by Oxford Property Group

10/18/2023

$2,850,000

Price decreased by 12%

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Explore Ditmas Park

Transit

LocationDistance

BQat Newkirk Av

0.22 miles

BQat Av H

0.43 miles

BQat Cortelyou Rd

0.48 miles

25at Flatbush Av–Brooklyn College

0.59 miles

25at Newkirk Av

0.6 miles

About Ditmas Park

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

At the turn of the 20th century, Ditmas Park was no more than a tract of farmland owned by the Ditmarsen family. But its proximity to Church Avenue's commercial stretch and Prospect Park made it a smart bet for early real estate developers, who envisioned the area as city suburb. Today, Ditmas Park's spacious old homes, inviting front porches, and manicured lawns are in high demand among those looking for a slower pace of life within New York City limits.

The neighborhood is conveniently serviced by the Q express train, which will get commuters to Midtown in 40 minutes or less. Driveways and private garages are also not-infrequent features of the housing stock here. Although the area is best known for the spacious homes of its historic district, prewar co-ops and apartment buildings abound east of Ocean Avenue. Over on Cortelyou Road, Tibetan cafes share space with train stations, and flower shops turn into hip bars after dark.

Learn more about Ditmas Park