About This Home

This 0-bedroom, 0-bathroom commercial at 1916 Ocean Ave in Brooklyn, NY is listed for $1,200,000 ($375 per sqft). Built in 2018, the home offers 3,200 sqft of living space on a N/A lot.

Key Features

  • Built in 2018

Property Details

2018
Listing Description

Ph: 9I7-453-8779 *** COMMUNITY FACILITY - for MEDICAL, DENTAL, CHIROPRACTOR, Adult/Child Daycare, ACADEMY, TUTORINGMUSEUM, NON-PROFIT OFFICE (Property tax exempt), General Community Center, RELIGIOUS. All utilities ready. Ceiling ht is 8 feet 8 inch with additional 1 ft above ceiling for wiring.

Magellan-Midwood. New 8 story new condo Bldg Central to all traffic, up and coming narea. But still deeply undervalued as bklyn north demographics moves south for savings. Wise investment choice? Go to street easy for bldg pics Owner waives all legal fees - condo bk fees, tax abatement fees, sponsor attorney fees = Total 9K savings.

3200 sf on right hand side of bldg, entrance faces Ocean Ave- empty box right now w bathrm and all utility- plumbing, sprinklers, electrical, mechanical- already installed. The layout is a long skinny hallway from entrance-about 200 sf- going into a almost square box of 3000 sf.

Ceiling ht is 8 feet 8 inch with additional 1 ft above ceiling for wiring. Building is also centrally located to all public transport, shopping, restaurants, beach- 2 Chinatowns at Ave U and 86st. Ocean Ave spans north to south in a mere 15 min drive - allows quick non-congested transit to any direction u going - Queens, Manhattan, Long Island, Upstate NY, NJ.

Midwood is truly Most CENTRALLY located. Why Midwood may be a Wise investment choice Midwood is possibly undervalued - based on area comparison, possible buyer demographics shift and Midwood's pre-Hollywood history. Midwood $600-700/sf, is cheaper-perhaps safer investment in event of a downswing- compared to the north (Williamsburg/Prospect Park $1200-1400/sf).

With the same subway convenience nearby, this may encourage buyer shift to south Brooklyn from the north, thus upside potential (this price difference of $600/sf may narrow and may be captured over time). Flatbush, directly above Midwood, is already at $900/sf and Midwood ($650/sf) is next in line on being possibly price influence. ***

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

1916 Ocean Ave

Brooklyn, NY 11230

Midwood

Property Details

Construction

Stucco

Heating

Electric (Heating)Hot Water(Heating)Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1916 Ocean Ave is listed at $1,200,000 ($375/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2018.

This property is listed by Vitaly Isaacs.

VI

Vitaly Isaacs

Agent at Statewide Properties LLC

Listed by Statewide Properties LLC · Broker phone: 3475604024

MLS# 11941709· Source: My State MLS· 71 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1916 Ocean Ave, Brooklyn, NY 11230

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