Marcus & Millichap - Tri Borough Multi-Family

441 Ocean Avenue

NY

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Price: $25,500,000
Building Size: 115,374 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Tyler Workman
Tel: 212-430-1432
Tyler.Workman@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer 441 Ocean Avenue, located on the corner of Caton Avenue in the Prospect Park South section of Brooklyn, New York.

The subject property, 441 Ocean Avenue, is a six-story multi-family building that consists of one office, 36 one-bedroom, 17 two-bedroom, 33 three-bedroom apartments. The property is built irregular and sits on an irregular lot with 222 feet of frontage on Caton Avenue and approximately 115,374 gross square feet. The property is zoned R7A (Block: 5081, Lot: 1)

This property offers investors the rare opportunity to purchase a large, corner elevator building with a diverse unit mix and a low average rent in the Prospect Park South section of Brooklyn, New York.