Ad #7806220
MLS #501561
Prime Ocean Parkway opportunity in the heart of Midwood
1278 Ocean Parkway, Brooklyn, NY 11230
$2,995,000
--Beds
--Baths
--Sqft
0.07Acres
About this property
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.
Property Features
0 Beds
0 Baths
0 Sqft
0.07 Acres
Offsite
Siding: Brick
$19,104 / yr property tax
Kings County
Additional Photos
Contact Information
Igor Libo
Ilite Realty Inc
718-975-0555
Location
Listing Agent: Igor Libo 718-975-0555
Broker: Ilite Realty Inc 718-975-0555 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Ilite Realty Inc 718-975-0555 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$2,995,000
--
Beds
--
Baths
--
Sqft
1278 Ocean Parkway, Brooklyn, NY 11230
By contacting this agent you agree to these Terms and Conditions.
MLS# 501561
Prime Ocean Parkway opportunity in the heart of Midwood
$2,995,000
1278 Ocean Parkway, Brooklyn, NY 11230
--
Beds
--
Baths
--
Sqft
0.07
Acres
$2,995,000
1278 Ocean Parkway, Brooklyn, NY 11230
-- Beds
-- Baths
-- Sqft
0.07 Acres
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.
42 days
on BeachHouse.com
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.07 Acres
EXTERIOR
Offsite
Siding: Brick
FINANCIAL & COMMUNITY
$19,104 / yr property tax
Kings County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7806220
Viewed
35 times
Listing Status
Active
Added
Jun 30, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Brooklyn New York Multiple Listing Service
Source Property ID
501561
Listing Agent: Igor Libo 718-975-0555
Broker: Ilite Realty Inc 718-975-0555 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Ilite Realty Inc 718-975-0555 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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