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About This Home

This 0-bedroom, 0-bathroom single family at 1278 Ocean Parkway in Brooklyn, NY is listed for $2,995,000. on a 0.07 acres lot.

Agent Description

Prime Ocean Parkway opportunity in the heart of Midwood, offering a Rare blend of comfortable living and exceptional investment potential. This expansive, well-maintained 4-level property is thoughtfully designed for maximum functionality and income generation.

Situated on a 20.58' x 150' lot with a building footprint of 20.33' x 72' and approximately 5,376 square feet, the property features two full-floor residential apartments, a professional medical office, a versatile lower level and a large back yard. This property with R-6A zoning can also be redesigned with one more level added to a total of 7,800 sf.

Each residential unit boasts a spacious full-floor layout with 3 bedrooms and 2 bathrooms, complemented by abundant natural light throughout. The apartments include a large living room, a separate windowed kitchen, and a dining area with access to a private balcony-ideal for both everyday living and entertaining.

The first-floor medical office is in excellent condition and well-suited for professional use, featuring a reception area, waiting room, five exam rooms/offices, and two bathrooms. The high-ceiling lower level offers exceptional flexibility, including a large recreation/event space with a kitchenette and bathroom, a private office, storage room, laundry area, and mechanical room-perfect for extended use or additional income opportunities.

Key Features

  • 0.07 acre lot

Amenities

Hardwood

Monthly Cost Estimate

$16,018/mo

20% down · 6.5% · 30 years

Principal$2,166
Interest$12,978
Insurance$874

Estimates only. Actual payments may vary.

Location

1278 Ocean Parkway

Brooklyn, NY 11230

Property Details

Flooring

Hardwood

Construction

Brick

Parking

Offsite

Questions & Answers

This 0-bedroom, 0-bathroom single family at 1278 Ocean Parkway is listed at $2,995,000. The estimated monthly payment is $12,978 based on 20% down at 6.5% interest.

Key features include: 0.07 acre lot.

This property is listed by Igor Libo and can be reached at (718) 975-0555 or igorlibo@iliterealty.com.

IL

Igor Libo

Agent at Ilite Realty Inc

(718) 975-0555

Listed by Ilite Realty Inc

MLS# 501561· Source: listhub· Updated 13 days ago

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1278 Ocean Parkway, Brooklyn, NY 11230

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