The highly-rated left-back had reportedly emerged as a target for Paolo Di Canio as the Italian continues to look to change things around at the Stadium of Light this summer.
But the overhaul is unlikely to include the 24-year-old Frankfurt player after he indicated he had no interest in the move.
"I have been told about that offer," said Oczipka, quoted in the Offenbach Post.
"Still, this is not an issue for me. I have two more years of my contract with Eintracht Frankfurt.
"Financially, it is a lucrative offer but does not appeal in a sporting sense.
"We are a side going to play in the Europa League this season. Therefore I am not interested in just ticking over at a mid-table team in England."