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Printed from StreetEasy.com at 07:44 AM, Mar 13 2026

612 Ocean Ave. #0

Located at 612 Ocean Avenue 612 Ocean Avenue, #0, Brooklyn, NY Prospect Park South, Brooklyn
This unit is not currently listed on StreetEasy
200 beds, 200 baths

Spectacular Investment Opportunity!
Two Gorgeous 6-Story Brick Buildings Sold as Package
Immaculately Maintained and Renovated

Spectacular Prospect Park South/Ditmas Park Location
Steps to Prospect Park and Express B and Q Trains

612 Ocean Avenue:
Building Dimensions: 87.5Ft x 197Ft
Lot Dimensions: 87.

Spectacular Investment Opportunity!
Two Gorgeous 6-Story Brick Buildings Sold as Package
Immaculately Maintained and Renovated

Spectacular Prospect Park South/Ditmas Park Location
Steps to Prospect Park and Express B and Q Trains

612 Ocean Avenue:
Building Dimensions: 87.5Ft x 197Ft
Lot Dimensions: 87.5Ft x 251.5Ft
R7A Zoning

Apartments: 82
Rent Roll: $ 963,000

Taxes: $ 110,000
Water: $ 80,000
Maintenance: $ 20,000
Total: $ 210,000

Boiler: Gas 1995
Note: Mix of 1, 2, and 3
Misc. 2 Elevators / Laundry Room, $30,000 Lobby Renovation, Full Block Extension from Ocean Avenue to East 19th Street

Mortgage: Assumable $ 4,200,000 at 5.5%

700 Ocean Avenue:
Building Dimensions: 150Ft x 125Ft
Lot Dimensions: 150Ft x 141.5Ft
R7A Zoning

Apartments: 66
Rent Roll: $ 758,000

Taxes: $ 90,000
Water: $ 65,000
Maintenance: $ 20,000
Total: $ 175,000

Boiler: #2 Oil 1990
Note: Larger Apartments, Many 3 BR/2BA
Misc. Elevator / Laundry Room

Mortgage : Assumable $ 4,600,000 at 5.5%

Price for Both Buildings: $ 19,200,000
Cap. Rate: 6.9%


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About the Building

612 Ocean Avenue  Brooklyn, NY 11226

Rental Building in Prospect Park South

  • 80 Units
  • 6 Stories
  • 1926 Built

Sales listings: 1 previous
Rentals listings: 50 previous
Documents and Permits: 12 documents

Unit History

Nearby

Transportation

  • B Q at Church Av

    0.16 miles

  • B Q at Beverly Rd

    0.3 miles

  • B Q at Parkside Av

    0.45 miles

  • B Q at Cortelyou Rd

    0.47 miles

  • 2 5 at Church Av

    0.63 miles

View subway lines on Google Maps

Schools

District 22 - Schools zoned for this address:
M.S. 246 Walt Whitman

(06,07,08,SE)

Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.