Building: 483 Ocean Parkway

The property consists of 62 one and two bedroom units, two first floor doctor’s offices, and a 19 space underground parking garage. The property is situated on Ocean Parkway between Cortelyou Road and Ditmas Avenue in the Kensington section of Brooklyn, NY. Ocean Parkway is a highly desirable tree lined thoroughfare containing predominantly well maintained “co-op” residential buildings. Kensington is widely considered an extension of Park Slope section of Brooklyn. The property is three blocks from the “F” train subway line providing access to midtown Manhattan in approximately 35 minutes as well as numerous bus lines accessing other parts of Brooklyn and Queens. Within one mile is Brooklyn’s Prospect Park, a 585 acre public park providing various recreational activities. Constructed in 1964, the six story post-war building is serviced by one elevator and has been extraordinarily well maintained. The units boast private balconies and large windows. All necessary retail services are close and a laundry facility is located in the basement as well as trash chutes on every floor.