1096 Ocean Ave Brooklyn, NY 11230
Ditmas Park NeighborhoodEstimated payment $18,905/month
Highlights
- Wood Flooring
- 5-minute walk to Newkirk Avenue (B,Q Line)
- Back Yard
- Ditmas Junior High school Rated A-
- Heating System Uses Steam
About This Home
Prime investment opportunity in a highly desirable Brooklyn location! This full building on Ocean Avenue, between Foster Avenue and Glenwood Road, features all units newly renovated with brand-new electrical, plumbing, and piping throughout. Stable rent-stabilized tenants and high occupancy ensure consistent income. Well-maintained property in a vibrant neighborhood with strong rental demand. A rare chance to own a turnkey asset in one of Brooklyn’s sought-after areas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $61,189
Year Built
- Built in 1931
Lot Details
- 5,550 Sq Ft Lot
- Lot Dimensions are 111 x 50
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 17 Full Bathrooms
- 4-Story Property
- Basement Cellar
- Stove
Flooring
- Wood
- Carpet
- Ceramic Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5240
Community Details
Overview
- 17 Units
Building Details
- 17 Vacant Units
- Fuel Expense $20,000
- Insurance Expense $15,000
- Utility Expense $3,200
- Gross Income $295,240
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $59,837 | $527,850 | $100,350 | $427,500 |
| 2024 | $59,837 | $508,500 | $100,350 | $408,150 |
| 2023 | $55,853 | $500,400 | $100,350 | $400,050 |
| 2022 | $42,995 | $491,850 | $100,350 | $391,500 |
| 2021 | $47,551 | $418,950 | $100,350 | $318,600 |
| 2020 | $19,693 | $391,950 | $25,650 | $366,300 |
| 2019 | $37,452 | $391,950 | $25,650 | $366,300 |
| 2018 | $33,632 | $346,950 | $25,650 | $321,300 |
| 2017 | $30,106 | $306,900 | $25,650 | $281,250 |
| 2016 | $26,826 | $247,950 | $25,650 | $222,300 |
| 2015 | $16,502 | $242,100 | $25,650 | $216,450 |
| 2014 | $16,502 | $178,200 | $25,650 | $152,550 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2026 02/14/26 | Price Changed | $2,680,000 | -6.9% | -- |
| 08/15/2025 08/15/25 | For Sale | $2,880,000 | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 495067
APN: 05240-0107
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