571 Ocean Parkway

Kensington

$16,000,000
Price
20
Beds
20
Baths
23,782 Sq. Ft.
$673 / Sq. Ft.
23,782
Sq. Ft.
$673
per Sq. Ft.

Description

This newly built and fully occupied 8-story rental building with 30 Units (29 1 Bedroom units and 1 community facility). 9 of the units are HPD affordable and there is a 35 year tax abatement in place. Building includes Dog spa, Gym and rooftop! This is perfect for a 1031 exchange or any investor looking for a stable purchase also there is an option for an assumable loan. Please contact agent for more details and setup.This newly built and fully occupied 8-story rental building with 30 Units (29 1 Bedroom units and 1 community facility). 9 of the units are HPD affordable and there is a 35 year tax abatement in place. Building includes Dog spa, Gym and rooftop! This is perfect for a 1031 exchange or any investor looking for a stable purchase also there is an option for an assumable loan. Please contact agent for more details and setup.

Listing Agents

  1. Jeff Reyngach

    Jeff Reyngach

    Alternative Listing Agent

    Compass

Amenities

  • Common Roof Deck
  • Common Outdoor Space
  • Gym
  • Pet Spa
  • Elevator
  • Washer / Dryer in Unit
  • Air Conditioning
  • Bike Room

Location

Add your commute
LISTING UPDATED: 04/11/2024 02:39 PM

Property Details for 571 Ocean Parkway

StatusActive
Days on Market21
Taxes$889 / month
Maintenance-
Min. Down Pymt-
Total Rooms40.0
Compass TypeMixed Use
MLS TypeMulti Family
Year Built1925
Lot Size5,600 SF / 40' x 140'
CountyKings County

Building

571 Ocean Pkwy

2 Units2 StoriesBuilt in 1925

Location

Add your commute

Building Information for 571 Ocean Parkway

Stories2Residences2Year Built1925Building Size24' x 60'Building Sq. Ft2,880 SFLot Size5,600 SF / 40' x 140'Building Age-Building Type-

Payment Calculator

$88,208 per month

30 year fixed, 7.25% Interest

Principal and Interest

$87,319

Property Taxes

$889

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 571 Ocean Parkway

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 571 Ocean Parkway

Taxable ValueLand$239,400Additions$993,600Total$1,233,000
Home Facts
Total Finished SqFt24,510 SqFtLot Size5,599 SqFtYear Built2021ZoningR7AAPN3054000072

Schools near 571 Ocean Parkway

This home is within Nyc Geog District #22 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 134
PublicK to 5

Jhs 62 Ditmas
Public6 to 8

Brooklyn College Academy
Public9 to 12

Middle 890
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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571 Ocean Parkway is a mixed use property for sale in Kensington. This property was listed for sale on April 9, 2024 by Compass, it's currently listed at $16,000,000. It has been on the market for a total of 21 days and was last sold on January 20, 2011. This listing's school district is Nyc Geog District #22 - Brooklyn. Nearby schools include P.S. 134, Jhs 62 Ditmas and Brooklyn College Academy. 571 Ocean Parkway is a 20-bed, 20-bath, 23,782 sqft mixed use property built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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