1278 Ocean Pkwy #3, Brooklyn, NY 11230

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. A private driveway adds to the convenience of this unique property. Whether you’re an investor or seeking a multi-generational living setup, this property delivers on location, versatility, and long-term value. Property Details: • Lot Size: 20.58’ x 150’ • Building Size: 20.33’ x 72’ • Approx. Building Area: 5,376 SF • Configuration: Two full-floor residential units (2nd & 3rd floors), medical office (1st floor), and expansive lower level with recreational and utility spaces • Private Driveway Unit Breakdown: • First Floor: Medical office with 5 rooms and 2 bathrooms • Second Floor: 3 bedrooms, 2 bathrooms • Third Floor: 3 bedrooms, 2 bathrooms • Lower Level: Large recreation rooms, storage, mechanical room, and 1 bathroom