NOT LISTED FOR SALE

1945 Ocean Ave Brooklyn, NY 11230

Midwood Neighborhood
-- Bed
6.5 Baths
6,240 Sq Ft
2,933 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $1,650,000 $264 Per Sq Ft

Highlights

  • Wood Flooring
  • Bike Room
  • Back and Side Yard
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Fenced Yard
  • Heating System Uses Steam

About This Home

As of May 2023

Tremendous opportunity for an investor ! Rare find! Huge (26' by 80') brick 3 story legal 6 Fam house in the heart of Midwood! The building is in immaculate condition and was gut renovated 9 years ago: from plumbing to electrics, from new lobby to the roof! The building consists of 6 generously sized 2 bedrooms that all currently rented. Only two of the units are under rent control program. 5 apartments were recently upgraded with new kitchens, tiled bathrooms and beautiful parquet floors. Enormous high ceilings basement contains 5 storage rooms, utility room, half/bathroom and laundromat. All new heating system provides most efficient source of heat: gas and water with 6 separate zones. Every unit has its own thermostat. Two water heaters!
The building offers a beautiful lobby with intercom and a huge backyard that can be a great benefit to any business or use.
Minutes to B and Q trains, multiple choices of shopping options and houses of worship. PLEASE NOTE: THE OWNER IS ABLE TO OFFER PRIVATE FINANCING WITH COMPATIBLE RATE.

Rental breakdown can be presented by request
Serious inquiries only please!!

Last Agent to Sell the Property

Olga Moldavsky

RE/MAX Edge License #10301216091 Listed on: 12/08/2022

RE/MAX Edge

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,028

Year Built

  • Built in 1924

Lot Details

  • 2,933 Sq Ft Lot
  • Lot Dimensions are 26.67 x 110
  • Fenced Yard
  • Irregular Lot
  • Back and Side Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 6,240 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Wood
  • Parquet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7674

Community Details

Overview

  • 6 Units
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,028

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 7.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 2080
  • Building Length: 80.00
  • Building Width: 26.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave N
  • Cross Street Name2: Ave O
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Laundry Area, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 6240
  • Building Stories: 3
  • Street Name I D X: Ocean
  • Street Number I D X: 1945
  • Year Built: 1924
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Basement Half Bathrooms: 1
  • Flooring: Ceramic, Hardwood, Parquet
  • Lot Sq Ft: 2933

Exterior Features

  • Yard: Back, Side, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 17
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 26.67 X 110
  • Lot Size Irregular: Yes
  • Lot Size Length: 110
  • Lot Size Width: 26
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 24028.00

Multi Family

  • Unit Count: 6

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $1,650,000 -5.7% $264 / Sq Ft
02/27/2023 02/27/23 Price Changed $1,750,000 -5.4% $280 / Sq Ft
01/19/2023 01/19/23 Price Changed $1,850,000 -7.4% $296 / Sq Ft
12/08/2022 12/08/22 For Sale $1,998,000 -- $320 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Olga Moldavsky

    Seller's Agent in 2023

    Olga Moldavsky

    RE/MAX Edge

    (917) 213-7332

    6 in this area

    139 Total Sales

    Olga Moldavsky
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 469457

Brooklyn Board of REALTORS®

APN: 07674-0017

New York Kings County Brooklyn 11210 Midwood

1945 Ocean Ave, Brooklyn, NY

This home is located at 1945 Ocean Ave, Brooklyn, NY 11230 since 08 December 2022. This property was built in 1924. 1945 Ocean Ave is a home located in Kings County with nearby schools including P.S. 197 Kings Highway Academy (The), Andries Hudde School, and Shaare Torah High School-Girls.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® 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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