RARE R7A DEVELOPMENT & VALUE-ADD OPPORTUNITY
A rare semi-detached brick four-family property located on an oversized 25' × 151' lot, presenting exceptional value-add and development potential.
The existing 20' × 80' structure requires TLC and has sustained partial fire damage, while the property’s R7A zoning, oversized lot dimensions, and wide shared driveway with parking for multiple vehicles create a compelling opportunity for an investor, developer, or end user.
Whether pursuing renovation, expansion, or full redevelopment, this property offers significant upside in a highly sought-after Brooklyn location.
PROPERTY HIGHLIGHTS
- Property Type: Semi-Detached Brick 4-Family
- Building Size: 20' × 80'
- Lot Size: 25' × 151'
- Zoning: R7A
- Parking: Wide shared driveway with multi-vehicle parking
- Condition: Requires TLC; property has sustained partial fire damage
- Potential: Value-add, expansion, or full redevelopment
A rare opportunity to unlock substantial value on an oversized R7A-zoned lot.
Active
$2,000,000
1450 Ocean Ave, Brooklyn, NY 11230
8beds
3,280sqft
Multi Family
Built in 1931
-- sqft lot
$1,911,100 Zestimate®
$610/sqft
$-- HOA
What's special
Semi-detached brick four-family property
- 19 days
- 532
- 9
Zillow last checked:
Listing updated:
Listed by:
Behfar Team LLC 718-915-6892,
Daniel Sosani
Source: StreetEasy,MLS#: S1842557
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 2
- 1/2 bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total structure area: 3,280
- Total interior livable area: 3,280 sqft
Property
Details
- Parcel number: 067120081
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Midwood
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $610/sqft
- Tax assessed value: $634,000
- Annual tax amount: $22,424
- Date on market: 8/17/2026
Estimated market value
$1,911,100
$1.82M - $2.01M
$2,854/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $2,000,000+128.6%$610/sqft |
Source: | ||
| 4/6/2016 | Listing removed | $1,995$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/11/2016 | Price change | $1,995-37.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/10/2016 | Price change | $3,200+56.1%$1/sqft |
Source: Zuz Realty Report a problem | ||
| 12/31/2015 | Listed for rent | $2,050$1/sqft |
Source: Postlets Report a problem | ||
| 7/5/2012 | Sold | $875,000+16.7%$267/sqft |
Source: Public Record Report a problem | ||
| 2/18/2012 | Listing removed | $749,900$229/sqft |
Source: Fillmore Real Estate #126043 Report a problem | ||
| 8/14/2011 | Listed for sale | $749,900$229/sqft |
Source: Fillmore Real Estate #126043 Report a problem | ||
| 1/6/2011 | Listing removed | $749,900$229/sqft |
Source: Fillmore Real Estate #026012 Report a problem | ||
| 3/25/2010 | Listed for sale | $749,900$229/sqft |
Source: FILLMORE R.E. #351474 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,424 +7.2% | $285,300 +20.1% |
| 2024 | $20,921 | $237,600 +20% |
| 2023 | -- | $198,000 -20% |
| 2022 | -- | $247,500 +25% |
| 2021 | -- | $198,000 |
| 2020 | -- | $198,000 -20.1% |
| 2019 | -- | $247,680 +107.8% |
| 2018 | -- | $119,219 |
| 2017 | -- | $119,219 +4.7% |
| 2016 | -- | $113,909 +6.8% |
| 2015 | -- | $106,668 +7.7% |
| 2014 | $9,239 | $99,021 +8% |
| 2013 | -- | $91,707 |
| 2012 | -- | $91,707 +4.7% |
| 2011 | -- | $87,623 +6.8% |
| 2010 | -- | $82,053 +7.7% |
| 2009 | -- | $76,170 +8% |
| 2008 | -- | $70,544 |
| 2007 | -- | $70,544 +4.7% |
| 2006 | -- | $67,403 +6.8% |
| 2005 | -- | $63,118 +7.7% |
| 2004 | -- | $58,593 +8% |
| 2003 | -- | $54,265 |
| 2002 | -- | $54,265 +4.7% |
| 2001 | -- | $51,849 +6.8% |
| 2000 | -- | $48,553 |
Find assessor info on the county website






