975 Ocean Avenue

Ditmas Park

$3,300,000
Price
30
Beds
16
Baths
18,800 Sq. Ft.
$176 / Sq. Ft.
18,800
Sq. Ft.
$176
per Sq. Ft.

Description

Prime Ditmas Park location! A 4-story walk-up residential building in the heart of Ditmas Park South Midwood. The property spans 18.800 square feet and comprises 16 residential apartment units, 6-2br 1bath, 6- 3br 1bath apartment. Well-maintained building by the owner for over 30 years, new roof, recently was changed all windows in the building, brand new security cameras on each floor and outside of the building. Total 16 units apartments rented to qualified tenants. Building recently upgraded with...Prime Ditmas Park location! A 4-story walk-up residential building in the heart of Ditmas Park South Midwood. The property spans 18.800 square feet and comprises 16 residential apartment units, 6-2br 1bath, 6- 3br 1bath apartment. Well-maintained building by the owner for over 30 years, new roof, recently was changed all windows in the building, brand new security cameras on each floor and outside of the building. Total 16 units apartments rented to qualified tenants. Building recently upgraded with brand new dual fuel gas & oil. Motivated seller. Won’t last!
  1. Listed by Maryana Savkiv • Diamond Real Inc

Amenities

  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise

Location

Listing Courtesy of Diamond Real Inc
Add your commute
LISTING UPDATED: 11/02/2023 09:20 AM

Property Details for 975 Ocean Avenue

StatusActive
MLS ID470976
Days on Market471
Taxes$48,938 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1915
Lot Size5,500 SF / 50' x 110'
CountyKings County

Building

975 Ocean Ave

16 Units4 StoriesBuilt in 1915

Location

Listing Courtesy of Diamond Real Inc
Add your commute

Building Information for 975 Ocean Avenue

Stories4Residences16Year Built1915Building Size50' x 94'Building Sq. Ft18,800 SFLot Size5,500 SF / 50' x 110'Building Age-Building Type-

Payment Calculator

$22,088 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,009

Property Taxes

$4,078

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 975 Ocean Avenue

Summary
Location and General Information
  • Block: 5206
  • Cross Street Name: Ditmas Ave
  • Cross Street Name: Ocean Ave
  • Roof: Asphalt/Tar, Flat
  • Residential Features: A/C Unit, Microwave, Refrigerator, Stove
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 48938.0
  • Gross Expense: 96000.0
  • Gross Income: $228,000.00
  • Miscellaneous Expense: 7000.0
Property
Lot Information
  • Sq Ft Total: 18800
  • Yard: None
  • Lot Number: 57
  • Lot Size Irregular YN: No
  • Lot Size Length: 50
  • Lot Size Width: 110
Utilities
  • Heat Delivery: Baseboard
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
  • Utility Expense: 3000.0
  • Fuel Expense: 10000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Separate Entrance
  • Baths Three Quarter: 0.0
  • Foundation Details: Slab Concrete
  • Flooring: Carpeting, Ceramic, Concrete, Parquet, Stone, Tile
  • Unit Count: 18
  • Building Amenities: Secure Lobby
  • Style: Other
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Type: Detached
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 1
  • Unit Rooms Total: 4
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 2
  • Unit Rooms Total: 4
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 4
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 5
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 6
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 7
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 8
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 8
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 9
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 9
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 10
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 10
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 11
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 11
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 12
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 12
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 13
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 13
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 14
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 14
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 15
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 15
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 9000.0
  • Owner Occupied: No

Property History for 975 Ocean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 975 Ocean Avenue

Taxable ValueLand$86,850Additions$390,150Total$477,000
Home Facts
Total Finished SqFt18,800 SqFtLot Size5,500 SqFtYear Built1915ZoningR7AAPN3052060057

Schools near 975 Ocean Avenue

This home is within Nyc Geog District #22 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 315
PublicPK to 5

Jhs 62 Ditmas
Public6 to 8

Midwood High School
Public9 to 12

School Of Science And Technology
PublicPK to 5

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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975 Ocean Avenue is a townhouse for sale in Ditmas Park. This property was listed for sale on January 9, 2023 by Diamond Real Inc, it's currently listed at $3,300,000. This listing's school district is Nyc Geog District #22 - Brooklyn. Nearby schools include P.S. 315, Jhs 62 Ditmas and Midwood High School. 975 Ocean Avenue is a 30-bed, 16-bath, 18,800 sqft townhouse built in 1915.

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.

Listing Courtesy of Diamond Real Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.