$7,500,000 $8,000,000
Updated 6 days ago

730 Ocean Parkway

Kensington, Brooklyn | Parkville Ave & Foster Ave

15 Beds10 Baths3,900 Square FeetDevelopment Site

$7,500,000 $8,000,000
floors / apts3 / 3
Lot Size56'x126'
Built Size56'x62'
Building TypeHouse
RE Taxes$12,830
Price Per SF

Property Description for 730 Ocean Parkway

Introducing a once-in-a-lifetime opportunity to own not one, but two stunning 3-family buildings located in the highly desirable neighborhood of Ocean Parkway in Brooklyn, NY! These two properties, 730 and 732 Ocean Parkway, offer incredible investment potential with a combined buildable square footage potential of up to 28,000 sqFt.

The buildings themselves are a testament to classic New York City architecture, featuring beautiful brick facades and elegant detailing. Inside, each spacious apartment boasts ample natural light, high ceilings, and hardwood flooring throughout. With a total of six units, these properties provide an excellent opportunity for investors looking to generate steady rental income.

Whether you’re a seasoned real estate investor or looking to break into the market, 730 and 732 Ocean Parkway offer endless potential. With the option to keep the current tenants in place or renovate and potentially create even more units, the possibilities are truly limitless.

Located in the heart of Brooklyn, Ocean Parkway is known for its tree-lined streets, beautiful parks, and top-rated schools. This area is highly sought after by both tenants and investors alike, making it the perfect opportunity to grow your real estate portfolio.

Don’t miss out on this rare chance to own two incredible 3-family buildings in one of Brooklyn’s most desirable neighborhoods. Contact us today to schedule a viewing and see the potential for yourself!

Properties can be delivered as is or Fully Vacant.

Listing History for 730 Ocean Parkway

$7,500,000 [-$500,000] [6.3%]
Price Drop by Nathaniel Smith
Oxford Property Group
Initial Price by Nathaniel Smith
Oxford Property Group

Building Details for 730 Ocean Parkway

OwnershipDevelopment Site
Building TypeHouse
Year Built1970
Learn More About the Building
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 90678TH