Description
Investment Opportunity: Introducing a prime multifamily investment in the heart of Ocean Hill, Brooklyn. This three-story, 6-unit building offers a blend of stability and potential growth, making it an ideal addition to any investor’s portfolio. Property Highlights Unit Mix: Six spacious 2-bedroom, 1-bathroom apartments One unit reserved for owner. Ocean Hill is a vibrant and evolving neighborhood nestled between Bedford-Stuyvesant, Crown Heights, and Brownsville. Known for its strong community spirit and excellent transportation links, the area offers residents a blend of urban convenience and neighborhood charm. Transportation: Subway Access: Short distance to A, C, J, Z, and L trains at Broadway Junction, providing swift connections to Manhattan and beyond Bus Routes: Multiple bus lines serving the area Local Amenities: Parks: Directly across from Hull Street Community Garden; near Marion Hopkinson Playground and Callahan-Kelly Playground Dining & Shopping: Proximity to a variety of cafes, restaurants, and shops along Bushwick and Broadway Avenues Investment Potential With 6 occupied units and cash flow, this property provides both steady income and the opportunity for increased revenue. The ongoing revitalization of Ocean Hill, including infrastructure improvements and commercial developments, suggests strong appreciation potential. The building’s R6 zoning also opens doors for future expansion or redevelopment. PLEASE CONDUCT DUE DILLIGENCE AS INFORMATION REPRESENTED ON PUBLIC FACING WEBSITES MAY BE DEEMED INACCURATE.
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Neighborhood & Market Insights
This property is 18.5% above the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
24.9% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee
