Renovation Planned for Apartment Buildings at 239-245 Ocean Parkway, Kensington

239-245 Ocean ParkwayCurrent-day 239-245 Ocean Parkway, image via Google Maps

BCB Property Management has acquired two four-story apartment buildings spanning 239-245 Ocean Parkway, in northern Kensington, for $10.3 million, reports the Commercial Observer. The buildings have 32 residential units, half of which are rent-stabilized. The other 16 units are vacant. The new owner plans to renovate the buildings.

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