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Residential Land for Sale in Brooklyn, New York

1278 Ocean Pkwy, Brooklyn, NY 11230

$2,995,000
0.072 acres
Active sale
ago
Est $21,782/mo

Prime Ocean Parkway opportunity in the heart of Midwood, offering a Rare blend of comfortable living and exceptional investment potential. This expansive, well-maintained 4-level property is thoughtfully designed for maximum functionality and income generation. Situated on a 20.58' x 150' lot with a building footprint of 20.33' x 72' and approximately 5,376 square feet, the property features two full-floor residential apartments, a professional medical office, a versatile lower level and a large back yard. This property with R-6A zoning can also be redesigned with one more level added to a total of 7,800 sf. Each residential unit boasts a spacious full-floor layout with 3 bedrooms and 2 bathrooms, complemented by abundant natural light throughout. The apartments include a large living room, a separate windowed kitchen, and a dining area with access to a private balcony-ideal for both everyday living and entertaining. The first-floor medical office is in excellent condition and well-suited for professional use, featuring a reception area, waiting room, five exam rooms/offices, and two bathrooms. The high-ceiling lower level offers exceptional flexibility, including a large recreation/event space with a kitchenette and bathroom, a private office, storage room, laundry area, and mechanical room-perfect for extended use or additional income opportunities.

Location

Street address
1278 Ocean Pkwy
Community
Midwood
Elevation
32 feet
Coordinates
40.6175, -73.9697

Property details

Lot size
0.072 acres3,136 sq ft
MLS #
BNYMLS 501561
Posted

Property taxes

Recent
$19,104

Parcels

  • 3654141

Details and features

Listing

Type
Residential

Exterior

Parking
Offsite

Structure

Materials
Brick

Interior

Flooring
Hardwood

Listing history

DateEventPriceChangeSource
May 20, 2026New listing$2,995,000BNYMLS
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This 0.072-acre property is located at 1278 Ocean Pkwy in Brooklyn, NY 11230. The property is available for sale for $2,995,000.

Listed by Ilite Realty, (718) 975-0555

Checked 2 hours agoUpdated

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