1296 Ocean Parkway

Ariel Property Advisors is pleased to present 1296 Ocean Parkway, a newly constructed, 7-unit multifamily elevator building located on the corner of Ocean Parkway and Avenue M in the Brooklyn neighborhood of Midwood. The building will be delivered vacant, and the apartment mix consists of three 2-bedroom apartments and four 3-bedroom apartments, all of which are a free market. The apartments feature premium stainless steel appliances, hardwood flooring, and spacious walk-in closets, setting the building up nicely for a potential condo conversion. The ground floor units have private entrances, while floors 3-6 enjoy private balconies in the front and back of the building. All apartments have access to the rooftop terrace as well as on-site parking. Situated along a bustling, tree-lined thoroughfare in Brooklyn, 1296 Ocean Parkway benefits from quick and easy access to multiple transportation options, including the Q train at the Avenue M subway station, and the F train at the Avenue N subway station. The property is also located within short walking distance from many different places of worship, community centers, healthcare centers, and a host of retail and dining options. 1296 Ocean Parkway provides investors with the opportunity to acquire a primely located, turn-key multifamily asset that offers substantial cash flow when fully leased. For more information on this listing, please contact our exclusive sales agents listed below.