---
title: "2057 OCEAN Avenue, New York City, NY 11230"
description: "2057 OCEAN Avenue, New York City, NY 11230 — Multi Family Home in Midwood, Brooklyn, NY. Listing Price $999,999. 12 bed, 6 bath, 4,800 sqft Illustrative Buyer Commission Share of $15,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/2057-ocean-avenue-ny-11230"
source: "Real Estate Rebate Team"
dateModified: "2026-08-26T22:26:06.370Z"
status: "Active"
---

# 2057 OCEAN Avenue, New York City, NY 11230

Multi Family Home in Midwood, Brooklyn, NY

Courtesy of Corcoran Group

Last updated: August 26, 2026, 6:26 PM

## At a Glance

- **Listing Price**: $999,999
- **Beds**: 12
- **Baths**: 6
- **Sqft**: 4,800
- **Monthly Taxes**: $2,004 / mo
- **Price per Sqft**: $208
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $999,999
- **Illustrative Buyer Commission Share**: -$15,000*
- **Illustrative Net Cost**: $984,999

*Illustrative Buyer Savings of $15,000 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![2057 OCEAN Avenue, New York City, NY 11230 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a55c71df-5a9e-49b4-8d86-da899003e9cb.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/af006f82-19e5-4fae-a9c9-c3afe46aa650.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4f1537e7-8a41-4ab9-be5b-8e6b54235942.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8767dadb-c361-4356-9076-912324aaacad.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c9ec0b72-843d-4a23-87ca-59fea3665444.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cce6514d-c201-445c-89a0-ccec85d5e848.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bde4b10d-f0c2-4ec7-a85d-43760f544aa2.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5f8e28ed-b79f-49f5-b885-dc2e4f4a6451.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/299a767b-d601-48c3-a9d5-f6da50e20a50.jpg)
![2057 OCEAN Avenue, New York City, NY 11230 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d9c70d4b-4e28-4e9e-9851-57efc381d689.jpg)

## Property Overview

The Forray Team at The Corcoran Group is pleased to exclusively represent 2057 Ocean Avenue, a rent stabilized six-unit multifamily masonry building offering strong cash flow, and an attractive entry point into one of Brooklyn's most established residential neighborhoods. Located in the heart of Midwood, this income-producing property presents a compelling opportunity for investors seeking immediate yield with attractive price point. At the asking price of $999,999.00, the opportunity of an attractive 10.20% CAP Rate is unheard of it in this market.

 Constructed in 1925, the building contains approximately 4,400SF above grade in addition to 1,500SF full height basement. The building size is 25 x 75FT sitting on a 25 ft × 110FT Lot totaling approx. 2,750 Lot SF. Zoned R7A, the asset benefits from an as-built FAR of approximately 1.75 and an allowable FAR of 4.0, providing an estimated 6,200SF of additional buildable area and a total potential buildable area of approximately 11,000SF creating meaningful future long-term redevelopment/expansion opportunities. Annual RE taxes are currently $24,047 with Tax Class 2A.

 The layout consist of six (6) residential apartments, each consisting of a two-bedroom, one bathroom layout. Several units are occupied by a non-profit entity providing stable/consistent income. Current gross annual revenue is $159,383.

 Ideally situated along Ocean Avenue, the property enjoys convenient access to neighborhood shopping, dining, community centers, and public transportation. Residents benefit from proximity to the B and Q at Kings Highway subway station (0.3 miles), providing direct connectivity to Manhattan and throughout Brooklyn. Midwood continues to attract tenants seeking a balance of neighborhood character, accessibility, and value, supporting strong long-term rental demand.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 12
- **Baths**: 6
- **Rooms**: 24
- **Sqft**: 4,800 sqft
- **Stories**: 3
- **Year Built**: 1924
- **Price per Sqft**: $208
- **Monthly Taxes**: $2,004 / mo
- **Listed On**: Jun 2, 2026
- **Days on Market**: 103 Days

### Residence Features

- In Unit
- Smoke Free

## Sales Evidence

### How this price compares

The median closed price for comparable house sales in Midwood is $1,234,000, based on 5 sales between April 2022 and August 2026. This home is asking $999,999, $234,001 below that median. The middle half of those sales closed between $1,195,000 and $2,145,000.

- **Median closed price**: $1,234,000
- **Middle half**: $1,195,000 – $2,145,000
- **Based on**: 5 house sales in Midwood
- **Period**: April 2022 – August 2026
- **Median $/ft²**: $594/ft²

Across the 4 of these sales with a published asking price, the median closed at 96.2% of what it originally asked. 100% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Midwood. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 96.2% of the original ask
- **Closed below ask**: 100% of 4 sales
- **Listed → in contract**: 144 days (about 21 weeks)
- **In contract → closed**: 52 days (about 7 weeks)

Across the 4 of these sales with a published asking price, the median closed at 96.2% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 144 days (about 21 weeks) of coming to market, based on the 5 with a recorded listing date.

Once a deal was agreed, closing took a further 52 days (about 7 weeks), based on the 5 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 5 house sales in Midwood, April 2022 – August 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 2057 OCEAN Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/2057-ocean-avenue)

## Price and Property History for 2057 OCEAN Avenue

Review the recorded listing activity for 2057 OCEAN Avenue, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $200,001, or 16.7%, on August 21, 2026
- **Originally listed**: June 2, 2026 at $1,200,000
- **Current asking price**: $999,999

| Date | Price | Listing event |
| --- | --- | --- |
| August 21, 2026 | $999,999 | Asking price reduced by $200,001, or 16.7% |
| June 2, 2026 | $1,200,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 2057 OCEAN Avenue were $24,165 in 2026.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $422,550 | $8,100 | $414,450 | $193,323 | $24,165 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $475,650 | $8,100 | $467,550 | $193,323 | $24,165 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $396,360 | $8,100 | $388,260 | $179,459 | $22,432 | 12.5% |
| 2023 (FY 2023/24) | $495,450 | $8,100 | $487,350 | $171,301 | $21,416 | 12.502% |
| 2022 (FY 2022/23) | $440,100 | $8,100 | $432,000 | $160,571 | $19,697 | 12.267% |
| 2021 (FY 2021/22) | $454,950 | $8,100 | $446,850 | $148,710 | $18,195 | 12.235% |
| 2020 (FY 2020/21) | $498,600 | $8,100 | $490,500 | $148,710 | $18,242 | 12.267% |
| 2019 (FY 2019/20) | $478,800 | $8,100 | $470,700 | $138,045 | $17,218 | 12.473% |
| 2018 (FY 2018/19) | $131,770 | — | — | $131,770 | $16,619 | 12.612% |
| 2017 (FY 2017/18) | $123,516 | — | — | $123,516 | $15,710 | 12.719% |
| 2016 (FY 2016/17) | $114,392 | — | — | $114,392 | $14,747 | 12.892% |
| 2015 (FY 2015/16) | $114,392 | — | — | $114,392 | $14,737 | 12.883% |
| 2014 (FY 2014/15) | $106,189 | — | — | $106,189 | $13,651 | 12.855% |
| 2013 (FY 2013/14) | $101,362 | — | — | $101,362 | $13,324 | 13.145% |
| 2012 (FY 2012/13) | $95,013 | — | — | $95,013 | $12,524 | 13.181% |
| 2011 (FY 2011/12) | $87,994 | — | — | $87,994 | $11,820 | 13.433% |
| 2010 (FY 2010/11) | $87,994 | — | — | $87,994 | $11,750 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3067670065. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 2057 OCEAN Avenue

2057 OCEAN Avenue, Brooklyn, NY 11230

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1924
- **Total Units**: 1
- **Floors**: 3

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/2057-ocean-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/2057-ocean-avenue-ny-11230) | 12 | 6 | 4,800 sqft | $208 | $999,999 (-16.7%) | Corcoran Group | Jun 2, 2026 | 102 days |

## Estimated Monthly Payment

**$7,061 / month**, assuming a 20% down payment ($200,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,057
- **Property Taxes**: $2,004

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Midwood

Overview of Midwood

[Explore Midwood](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Midwood

- [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush)
- [Marine Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/marine-park)
- [Kensington real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington)
- [Flatlands real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatlands)
- [Borough Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/borough-park)
- [Sheepshead Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sheepshead-bay)

## Related Links

- [2057 OCEAN Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/2057-ocean-avenue)
- [Midwood neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.