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Map
$3,000,000
●
Multifamily -
For Sale
725 Ocean Parkway
Kensington (Brooklyn), NY 11230
4 Beds
3 Baths
$15,392
Estimated Monthly
$0
HOA / Fees
1.18%
Cap Rate
About This Property
Exclusive development opportunity awaits on one of the most
desirable stretches of Ocean Parkway. Currently, a 2 family home
sits on the lot. Excellent R7A zoning allows for 11,280 buildable
Sq. Ft, with 120 feet of frontage on Ocean Parkway and Parkville
Ave. Just a few blocks from the F, and Q subway lines, makes the
location easily accessible for commuters. Right next to
Supermarkets, banks, restaurants, and houses of worship. The area's
growing housing demand make this an ideal location for your next
development project.
Unit Size
-
Days on Market
158 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$661
HOA Dues
-
Year Built
1925
Listed By
Last updated: 5 months ago (OneKey MLS #ONE3517894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2023 | Listed by EXP Realty | $3,000,000 | |
| Listed by EXP Realty | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Private, Detached, 1 Car Detached, Garage
Garage Spaces: 1
Interior Details
Bathroom Information
Full Bathrooms: 3
Room 1
Level: Other
Type: 2 Family property.
Room Information
Rooms: 6
Basement Information
Basement: Full
Exterior Details
Property Information
Architectual Style: Two Story
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1925
Building Information
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Features: Corner Lot
Lot Size Acres: 0.06
Lot Size Square Feet: 2733
Lot Size Dimensions: 31x88.17
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $7,928
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s)
Heating: Natural Gas, Steam
Sewer : Public Sewer
Location Details
County or Parish: Brooklyn
Other Details
Selling Agency Compensation: 0
On Market Date: 2023-11-22
725 Ocean Parkway
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
4
Beds
5
Baths
-
$2,550,000
Jun 21, 2019
$2,550,000
Nov 1, 2019
-
House
4
Beds
4
Baths
4,245 ft²
$565/ft²
$2,400,000
Aug 17, 2022
$2,400,000
May 23, 2023
-
House
5
Beds
4
Baths
3,138 ft²
$956/ft²
$3,000,000
May 16, 2022
$3,000,000
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
5
Beds
4
Baths
4,431 ft²
$632/ft²
$2,800,000
Oct 11, 2021
$2,800,000
Sep 19, 2022
-
Sold
House
5
Beds
3
Baths
3,831 ft²
$727/ft²
$2,785,000
Mar 2, 2018
$2,785,000
May 15, 2018
-
Active
House
5
Beds
4.5
Baths
2,332 ft²
$1,458/ft²
$3,400,000
Oct 11, 2023
-
$1,077/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
725 Ocean Parkway
725 Ocean Parkway, Brooklyn, NY 11230
- 2 Units
- 1 Unit for Sale
About Central Brooklyn
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
