See Home Value
$3,499,999
Land - Off Market

1187 Ocean Avenue

Midwood, NY 11230
bedrooms
Studio
bathrooms
0 Bath
$17,879
Estimated Monthly
$0
HOA / Fees
0.22%
Cap Rate

About This Property

Calling All Investors!!!A Great Opportunity for Investors Location, Location, Location!! An Excellent Lot For Development. Located In The Excellent Area Of Ocean Ave, The Incredible Lot Size Is 42.5x100, Zoning: R7A. Approved plans For 27 Apartments (1 - 4 Bedrooms). R7A Zoning!!! This Could Be Your Next Project. Next To Developed and Developing Projects. Plans have been approved Many Projects & Developments Are Happening In The Area. This Is Truly What An Investment & Development Site Is.
Unit Size
-
Days on Market
-
Land Size
173.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$693
HOA Dues
-
Year Built
1910
Last updated: 3 months ago (OneKey MLS #ONE3523275)

Price History

Date / Event Date Event Price
Jan 30, 2024 Withdrawn -
Withdrawn
Jan 2, 2024 Listed by Best American Homes Inc $3,499,999
Listed by Best American Homes Inc
Dec 14, 2022 Withdrawn -
Withdrawn
Aug 11, 2022 Listed by Best American Homes Inc $3,600,000
Listed by Best American Homes Inc
Oct 5, 2022 Withdrawn -
Withdrawn

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 2
  • Floor Count: 3
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 4,675
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 43
  • Building Depth: 40
  • Building Frontage: 24
  • Gross Building Area: 2,606

    Building Floor Area

  • Residential Building Floor Area: 2,606

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: A3
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: G

Neighborhood

  • Community District: 314
  • City Council District: 45
  • Police Precinct: 70
  • Fire Company: E281
  • Health Area: 7220
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4A
  • School District: 22

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5241
  • Lot: 15
  • Borough Block Lot: 3052410015

    Address

  • Full Address: 1187 Ocean Avenue
  • Zip Code: 11230

Valuation

    Assessments Valuation

  • Assessed Total Value: $111,840
  • Assessed Land Value: $40,980

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
4,000 ft²
$855/ft²
$3,420,000 Apr 7, 2022
$3,420,000 Jul 8, 2022
-
Multifamily
6 Beds
6 Baths
5,300 ft²
$632/ft²
$3,350,000 Mar 1, 2022
$3,350,000 Jun 10, 2022
-
House
6 Beds
4 Baths
5,300 ft²
$613/ft²
$3,250,000 May 2, 2022
$3,250,000 Feb 10, 2023
-
House
7 Beds
5 Baths
-
$3,200,000 Feb 18, 2019
$3,200,000 Jun 27, 2019
-
House
5 Beds
3 Baths
-
$3,150,000 Nov 20, 2020
$3,150,000 May 10, 2021
-
House
7 Beds
4 Baths
3,080 ft²
$972/ft²
$2,995,000 Jan 31, 2022
$2,995,000 Jun 7, 2022
-
Other
Loft
-
8,250 ft²
$460/ft²
$3,799,000 Oct 4, 2023
-
-
House
Stu
-
-
$3,500,000 Sep 1, 2023
-
$3,108/mo
Townhouse
Stu
16 Baths
18,800 ft²
$176/ft²
$3,300,000 Jan 11, 2023
-
$4,078/mo
Townhouse
Stu
12 Baths
-
$3,300,000 Feb 22, 2023
-
-
Townhouse
30 Beds
20 Baths
18,400 ft²
$190/ft²
$3,500,000 Nov 10, 2023
-
$3,929/mo
Multifamily
4 Beds
3 Baths
-
$3,000,000 Nov 22, 2023
-
$661/mo

About Central Brooklyn


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Frequently Asked Questions

When was property at 1187 Ocean Avenue built and last sold?
The property at 1187 Ocean Avenue was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1187 Ocean Avenue is $3,534,999.
What are some comparable homes to 1187 Ocean Avenue?
Homes that are comparable to 1187 Ocean Avenue include a other property at 1193 Rogers Avenue, a house property at 2814 Clarendon Road, a townhouse property at 975 Ocean Avenue.

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