Matheos Realty Group has been exclusively retained to represent ownership in the sale of a mostly renovated, partially rentstabilized, income-producing, multifamily asset located in Ocean Hill, Brooklyn. Situated between Bedford–Stuyvesant,Crown Heights, and Brownsville, Ocean Hill provides more accessible city living while preserving a calm, tree-linedresidential feel.
The property comprises 8 residential units totaling approximately 5,400 SF, including 5 rent-stabilized units and 3 freemarket units. The unit mix consists of one (1) three-bedroom, six (6) two-bedroom units, and one (1) studio. Notably, Units3A and 3B are legally rent-stabilized but have been fully renovated and are currently achieving market rents, offeringmeaningful upside and operational flexibility.
Ideally positioned near the A and C subway lines, just a short walk away the property provides efficient access to Manhattanand greater Brooklyn. Located in the rapidly evolving Ocean Hill neighborhood, the asset benefits from strong rentaldemand, improving neighborhood fundamentals, and long-term appreciation potential.