1499 East 10th Street, Ocean Parkway

Exceptional investment opportunity in the heart of Midwood, ideally located near Coney Island Avenue and East 10th Street—an established, highly desirable neighborhood surrounded by some of the area’s most valuable homes. This wonderful semi-attached brick corner building offers 6 residential units across 3 stories plus a full basement. Each floor features two 2-bedroom apartments with approximately 10-foot ceilings, creating bright and generously proportioned living spaces. Building dimensions are approximately 25’ x 72’. A rare income-producing setup: only 2 units are rent stabilized, while 4 units are free market, offering strong rental upside. Major improvements include a new heating system, new boiler, and new roof. An outstanding Midwood multi-family property with excellent location, scale, and long-term investment potential.