# 2145 Ocean Avenue, Brooklyn, NY 11229

> **TL;DR:** commercial, $8,000,000, built 1925. Est. $42,785/mo. Listed 111 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $8,000,000 |
| Year Built | 1925 |
| Lot Size | 10,999 sqft (0.25 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 111 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $40,452 |
| Estimated Insurance | $2,333 |
| **Total** | **$42,785** |

## Property Highlights

- Built in 1925
- 0.25 acre lot

## Description

### Agent Description
Calling All Investors, Developers, & End-Users!!! 6.16 Cap 100% Occupied 40 Unit Apartment Building On A Huge 11,000 Sqft. Lot In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R7A Zoning, High 9' Ceilings, 2 Skylights, 4 Stories, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Madison Just Off Kings Hwy. Near Kings Plaza & Minutes From The Belt Pkwy.!!! Neighbors Include T-Mobile, Target, ShopRite, CubeSmart Self Storage, Extra Space Storage, Staples, Petco, T.J. Maxx, CVS, Dunkin', Walgreens, Burlington, Michaels, CityMD, Meineke Car Care Center, Raising Cane's, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt A1: $15,270.72 Ann.; Lease Exp.: 11/30/27. Apt. A2: $14,159.76 Ann.; Lease Exp.: 10/14/26. Apt. A3: $18,852.72 Ann.; Lease Exp.: 8/31/27. Apt. A4: $21,600 Ann. Super. Apt. A5: $16,561.08 Ann.; Lease Exp.: 9/30/27. Apt. A6: $15,529.56 Ann.; Lease Exp.: 5/31/28. Apt. A7: $16,469.28 Ann.; Lease Exp.: 5/31/27. Apt. A8: $17,205.96 Ann.; Lease Exp.: 12/31/27. Apt. A9: $16,978.80 Ann.; Lease Exp.: 5/31/28. Apt. A10: $16,15896 Ann.; Lease Exp.: 4/30/27. Apt. B1: $25,200 Ann.; Lease Exp.: 3/31/27. Apt. B2: $15,115.44 Ann.; Lease Exp.: 8/31/27. Apt. B3: $15,154.92 Ann.; Lease Exp.: 6/30/27. Apt. B4: $224,407.28 Ann.; Lease Exp.: 8/31/28. Apt. B5: $16,860.84 Ann.; Lease Exp.: 7/31/27. Apt. B6: $19,988.88 Ann.; Lease Exp.: 4/30/27. Apt. B7: $15,993.72 Ann.; Lease Exp.: 5/31/27. Apt. B8: $17,700 Ann.; Lease Exp.: 2/28/27. Apt. B9: $12,975.48 Ann.; Lease Exp.: 3/31/27. Apt. B10: $18,171.48 Ann.; Lease Exp.: 11/30/26. Apt. C1: $24,291.96 Ann.; Lease Exp.: 5/31/28. Apt. C2: $16,456.68 Ann.; Lease Exp.: 12/31/26. Apt. C3: $17,556 Ann.; Lease Exp.: 12/31/27. Apt. C4: $12,715.08 Ann.; Lease Exp.: 3/31/27. Apt. C5: $18,776,04 Ann.; Lease Exp.: 11/30/27. Apt. C6: $19,192.08 Ann.; Lease Exp.: 11/30/26. Apt. C7: $19,200 Ann.; Lease Exp.: 4/30/28. Apt. C8: $16,176.60 Ann.; Lease Exp.: 5/31/28. Apt. C9: $19,662.48 Ann.; Lease Exp.: 5/31/28. Apt. C10: $17,987.40 Ann.; Lease Exp.: 1/31/28. Apt. D1: $22,354.08 Ann.; Lease Exp.: 3/31/27. Apt. D2: $18,627.12 Ann.; Lease Exp.: 7/31/26. Apt. D3: $18,112.68 Ann.; Lease Exp.: 12/31/26. Apt. D4: $23,038.92 Ann.; Lease Exp.: 8/31/26. Apt. D5: $17,734.68 Ann.; Lease Exp.: 8/31/26. Apt. D6: $18,355.20 Ann.; Lease Exp.: 5/31/28. Apt. D7: $16,810.44 Ann.; Lease Exp.: 12/31/26. Apt. D8: $17,642.16 Ann.; Lease Exp.: 2/28/28. Apt. D9: $16,823.64 Ann.; Lease Exp.: 5/31/28. Apt. D10: $16,686 Ann.; Lease Exp.: 2/28/27. Gross Income: $718,554.12 Ann. Expenses: Fuel: $43,031.92 Ann. Electric: $2,861.80 Ann. Water & Sewer: $33,764.48 Ann. Insurance: $17,954.11 Ann. Maintenance & Repairs: $19,964.95 Ann. Taxes: $107,930.10 Ann. Total Expenses: $225,507.36 Ann. Net Operating Income (NOI): $493,046.76 Ann. (6.16% Cap!!!) Reply, Reply All or Forward

## Location

- **Address:** 2145 Ocean Avenue, Brooklyn, NY 11229
- **County:** Kings (Brooklyn)

## Listing Agent

- **Name:** Richard Matt Shane
- **Brokerage:** All Island Estates Realty Corp
- **Broker Phone:** (516) 532-9184

## Photos

![2145 Ocean Avenue - Photo 1](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f1360608638r.jpg)

![2145 Ocean Avenue - Photo 2](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f3662666510r.jpg)

![2145 Ocean Avenue - Photo 3](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f1675647999r.jpg)

![2145 Ocean Avenue - Photo 4](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f270659217r.jpg)

![2145 Ocean Avenue - Photo 5](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f3711671308r.jpg)

![2145 Ocean Avenue - Photo 6](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f4035774081r.jpg)

![2145 Ocean Avenue - Photo 7](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f3413258685r.jpg)

![2145 Ocean Avenue - Photo 8](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f1534816554r.jpg)

![2145 Ocean Avenue - Photo 9](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f1491719931r.jpg)

![2145 Ocean Avenue - Photo 10](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f4221716562r.jpg)

![2145 Ocean Avenue - Photo 11](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f969480500r.jpg)

![2145 Ocean Avenue - Photo 12](http://lh.rdcpix.com/62ba4399b3692a7a18d102e9e91c522bl-f1115902902r.jpg)

---

**MLS#:** 1024367 | **Updated:** 2026-10-20
**Source:** listhub

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

[View on PropertySimple](https://www.propertysimple.ai/listing/2145-ocean-avenue-brooklyn-ny-11229-4ac767ae284f4ecdaf1c961277b0afc6)

---

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