$775,000
SOLD MAR 16, 2021
3 Beds
2 Baths
1,239 Sq Ft
$816/mo HOA Fee

Recently Sold

$626 Per Sq Ft

3% Below List Price

115 Days on Market

Highlights

  • Community Garden
  • Balcony
  • Cooling System Mounted In Outer Wall Opening
  • Ditmas Junior High school Rated A-
  • Eat-In Kitchen
  • Garage

About This Home

As of July 2025

This beautiful two bedroom two bath room condo offers approximately 1239 square feet of elegance and practicality. This spacious unit lends an additional separate room that serves as a THIRD bedroom, office, den, study, and/or a play room. The open kitchen with new appliances greets you with a wrap around granite counter top making it a pleasure to entertain. Your living room grants access to your large balcony overlooking the beautiful gardens and treetops with views of the historic Ditmas Park mansions. Additional features include an oversize double walk-in pantry/utility closet that serves as extra storage space (A room in itself.), a separate spacious LAUNDRY ROOM with washer and dryer for convenience, high ceilings, solid oak hard wood floors, recessed lighting, oversized windows through out, an abundance of extra closet space through out and more.

1138 Ocean Avenue known as The Waterfalls is located in Ditmas Park/Midwood Brooklyn. This premiere condominium is a full service pet friendly building, with approximately 16 years remaining tax abatement, a bright fitness room with a view, doorman from 8 am to 8 pm daily, resident superintendent, porter, a picturesque large outdoor common space with playground, and a WI-FI ready, Zen-like spacious lounge where you can reserve for parties, meetings or simply use at your leisure. Travel into Manhattan within minutes via B/Q Trains, B49 B8 local buses and BM3/4 express buses. This one is a must see!

Last Agent to Sell the Property

Aurora Singleton

Corcoran Group License #10301208716 Listed on: 10/05/2020

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $199

Year Built

  • Built in 2011

HOA Fees

  • $816 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,239 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tax Block 5240

Community Details

Overview

  • 67 Units
  • The Waterfalls Condos
  • Ditmas Park Subdivision
  • 8-Story Property

Amenities

  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$199

Year Built

Built in 2011

Lot Details

0

HOA Fees

$816 per month

Listing Details

  • Cross Street: Foster Avenue & Glenwood Road
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 1239.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 816.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 125.0 x 162.0

Building Info

  • New Construction: No
  • Building Name: The Waterfalls
  • Units: 67
  • Total Stories: 8
  • Year Built: 2011

Tax Info

  • Tax Block: 5240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 15, 2021
Sold by
Sanchez Raul M and Schurtman Monica
Bought by
Orlando Cruz Luis
Seller's Agent
Aurora Singleton
Corcoran Group
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Jul 10, 2012
Sold by
1130 Plaza Llc
Bought by
Sanchez Raul M and Schurtman Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $775,000 --
Deed $450,000 --
Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $840,000 -1.2% $678 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $850,000 +9.7% $686 / Sq Ft
03/16/2021 03/16/21 Sold $775,000 -3.0% $626 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
09/22/2020 09/22/20 For Sale $799,000 -- $645 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $199 $105,040 $7,228 $97,812
2024 $199 $99,996 $7,228 $92,768
2023 $199 $91,207 $7,228 $83,979
2022 $194 $91,906 $7,228 $84,678
2021 $195 $82,438 $7,228 $75,210
2020 $199 $93,404 $7,228 $86,176
2019 $201 $87,801 $7,228 $80,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10673023

Real Estate Board of New York (REBNY)

APN: 05240-1077