# 265 Ocean Avenue, Brooklyn, NY 11225 > **TL;DR:** 0bd/25ba residential multi family, $3,900,000 ($193/sqft), built 1931, 20,240 sqft. > Hardwood. Est. $20,859/mo. Listed 4 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,900,000 | | Price/sqft | $193 | | Bathrooms | 25 full | | Square Feet | 20,240 | | Year Built | 1931 | | Lot Size | 7,349 sqft (0.17 acres) | | Stories | 4 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 4 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $19,721 | | Estimated Insurance | $1,138 | | **Total** | **$20,859** | ## Key Amenities - Hardwood ## Property Highlights - Built in 1931 - 0.17 acre lot - 4 stories ## Description ### Agent Description Prime Prospect Park Location | 25-Unit Multifamily Investment Opportunity Presenting an exceptional investment opportunity at 265 Ocean Avenue, a well-maintained, 25-unit multifamily apartment building ideally situated on Ocean Avenue between Lincoln Road and Parkside Avenue, directly across from Prospect Park in one of Brooklyn's most desirable residential corridors. This four-story property features 50 feet of frontage and a building depth of approximately 119 feet, with a desirable apartment mix consisting of 8 one-bedroom apartments, 14 two-bedroom apartments, and 3 three-bedroom apartments. The property generates an impressive Annual Gross Operating Income of $491,844 and Net Operating Income (NOI) of $226,542.96, providing investors with an established income-producing asset in a highly sought-after rental market. Located just minutes from Prospect Park, public transportation, shopping, restaurants, and neighborhood amenities, the property benefits from a prime location that continues to attract strong residential rental demand. 265 Ocean Avenue represents an outstanding opportunity for investors seeking a substantial multifamily asset with consistent income, long-term appreciation potential, and enduring value in one of Brooklyn's most established and desirable neighborhoods. ## Location - **Address:** 265 Ocean Avenue, Brooklyn, NY 11225 - **County:** Kings (Brooklyn) - **Coordinates:** 40.656639, -73.961761 - **Google Maps:** https://www.google.com/maps?q=40.656639,-73.961761 ## Listing Agent - **Name:** Joseph F. Girgenti - **Brokerage:** Ben Bay Realty Co - **Broker Phone:** (718) 680-6442 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/265-Ocean-Ave_Brooklyn_NY_11225_M90432-73368?f=listhub&s=BMLSNY&m=505697&c=propsimple) ## Photos ![265 Ocean Avenue - Photo 1](http://lh.rdcpix.com/1ce5202e3d1cfedcf7a86b09bfe34750l-f3626982698r.jpg) ![265 Ocean Avenue - Photo 2](http://lh.rdcpix.com/1ce5202e3d1cfedcf7a86b09bfe34750l-f3626982698r.jpg) --- **MLS#:** 505697 | **Updated:** 2026-10-30 **Source:** listhub *Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/265-ocean-avenue-brooklyn-ny-11225-9fb664562f4b4be1a33034edab989665) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/265-ocean-avenue-brooklyn-ny-11225-9fb664562f4b4be1a33034edab989665#listing", "url": "https://staging.propertysimple.ai/listing/265-ocean-avenue-brooklyn-ny-11225-9fb664562f4b4be1a33034edab989665", "name": "265 Ocean Avenue, Brooklyn, NY 11225", "description": "Prime Prospect Park Location | 25-Unit Multifamily Investment Opportunity Presenting an exceptional investment opportunity at 265 Ocean Avenue, a well-maintained, 25-unit multifamily apartment building ideally situated on Ocean Avenue between Lincoln Road and Parkside Avenue, directly across from Prospect Park in one of Brooklyn's most desirable residential corridors. This four-story property features 50 feet of frontage and a building depth of approximately 119 feet, with a desirable apartment mix consisting of 8 one-bedroom apartments, 14 two-bedroom apartments, and 3 three-bedroom apartments. The property generates an impressive Annual Gross Operating Income of $491,844 and Net Operating Income (NOI) of $226,542.96, providing investors with an established income-producing asset in a highly sought-after rental market. 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