Bankruptcy Sale of 3 Brooklyn MultiFamily Buildings

FOR SALE

320 Ocean Parkway, Brooklyn, NY 11218

52,524 SF

Square Feet

Property Description

Bankruptcy Sale of 3 Brooklyn buildings

Properties Can Be Sold Individually Or As A Package

The portfolio comprises three six-story multifamily elevator buildings totaling 158,000 square feet and 145 residential units across Brooklyn. 320 Ocean Parkway (52,524 SF, 48 units) and 420 Avenue F (62,370 SF, 55 units) are both located in the Kensington neighborhood, while 2302 85th Street (43,200 SF, 42 units) is situated in Bensonhurst.

Bid Deadline: Tuesday, August 25, 2026 by 5:00 PM

Auction Date: Thursday, August 27, 2026 at 2:30 PM

Property Details

Asset Type

MultiFamily

Neighborhood

Kensington

ZIP

11218

Listing Type

sale

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

$0

Cash-on-Cash Return

0.00%

Monthly Debt Service

$0

Annual Debt Service

$0

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Address

320 Ocean Parkway

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Kensington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

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