1773 Ocean Ave Brooklyn, NY 11230
Midwood NeighborhoodEstimated payment $7,771/month
Highlights
- Wood Flooring
- 5-minute walk to Avenue M
- Back Yard
- P.S. 193 Gil Hodges Rated A-
- Baseboard Heating
About This Home
Located in the heart of prime Midwood on high-visibility, high-traffic Ocean Avenue, this versatile mixed-use property presents an exceptional opportunity for both investors and end users. The street-level storefront offers outstanding flexibility and can accommodate a medical facility, retail shop, professional office, or boutique business, featuring two convenient entrances from both the front and side. Above, the second floor boasts a well-proportioned three-bedroom apartment with 2 full bathrooms, while the finished basement includes a private entrance and a 3⁄4 bath, ideal for additional office space, storage, or supplemental use. The property is further enhanced by a shared driveway, detached garage, and the efficiency of two separate heating and hot water systems for each floor. Perfectly positioned near the B9 and B49 bus lines, just minutes from the Q train, and surrounded by the vibrant shops, cafés, and restaurants along Avenue M, this offering combines strong exposure, functionality, and excellent income potential in a premier Brooklyn location.
Property Details
Property Type
- Other
Est. Annual Taxes
- $9,146
Year Built
- Built in 1920
Lot Details
- 2,181 Sq Ft Lot
- Lot Dimensions are 110 x 20
- Back Yard
- Property is zoned R5B
Home Design
- Mixed Use
- Flat Roof Shape
- Poured Concrete
- Stucco Exterior
- Masonry
Interior Spaces
- 2,126 Sq Ft Home
- 2-Story Property
- Finished Basement
- Walk-Out Basement
Flooring
- Wood
- Tile
Parking
- 2 Parking Spaces
- Shared Driveway
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Fuel Expense $5,000
- Insurance Expense $2,500
- Utility Expense $500
- Gross Income $114,000
Listing and Financial Details
- Tax Block 7638
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,371 | $91,200 | $15,720 | $75,480 |
| 2025 | $8,841 | $81,420 | $15,720 | $65,700 |
| 2024 | $8,841 | $73,680 | $15,720 | $57,960 |
| 2023 | $8,560 | $71,280 | $15,720 | $55,560 |
| 2022 | $6,259 | $64,800 | $15,720 | $49,080 |
| 2021 | $8,797 | $59,160 | $15,720 | $43,440 |
| 2020 | $4,201 | $54,060 | $11,820 | $42,240 |
| 2019 | $5,763 | $56,880 | $11,820 | $45,060 |
| 2018 | $5,298 | $25,992 | $6,481 | $19,511 |
| 2017 | $5,240 | $25,704 | $6,871 | $18,833 |
| 2016 | $5,138 | $25,704 | $8,247 | $17,457 |
| 2015 | $2,925 | $24,336 | $9,291 | $15,045 |
| 2014 | $2,925 | $22,959 | $10,445 | $12,514 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | Price Changed | $1,290,000 | -0.7% | $607 / Sq Ft |
| 04/27/2026 04/27/26 | Price Changed | $1,299,000 | -3.8% | $611 / Sq Ft |
| 03/02/2026 03/02/26 | Price Changed | $1,350,000 | -3.2% | $635 / Sq Ft |
| 02/06/2026 02/06/26 | For Sale | $1,395,000 | -- | $656 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,190,000 | -- | |
| Deed | $590,000 | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 498820
APN: 07638-0008
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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