NOT LISTED FOR SALE

1901 Ocean Ave Unit 3-B Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $429,000 - $445,000

1 Bed
1 Bath
540 Sq Ft
$336/mo HOA Fee

Last Sold July 07, 2022

Last sale price $380,250 $704 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,287/month

91 Days on Market

Highlights

  • New Construction
  • Balcony
  • Central Air
  • P.S. 197 Kings Highway Academy (The) Rated A-

About This Home

As of July 2022

Welcome to The Nuovo Condominium, a ground-up boutique new development designed for comfort, luxury, and longevity and constructed with materials of the highest grade inside and out.

Apartment 3B at The Nuovo contains a modern 1-bedroom + 1-bath layout with balcony. All residences in the building feature handsome oak durable multi-layer engineered flooring, sound-attentive Pella double-paned windows, striking Caeserstone slab counters and backsplashes, custom-built Scavolini cabinetry & millwork, high-end appliances, and contemporary fixtures & finishes throughout. What's more, every apartment contains an in-unit washer/dryer hookups and a separate storage unit included in the sale.

Located at the crossroads of Midwood and Sheepshead Bay, this unique area breaks the mold of so many other Brooklyn neighborhoods. With the the B and Q express subway line just a stone's throw away, one has easy access to Midtown Manhattan (~35 minute ride), Downtown Brooklyn (~20 minute ride), and the opposite way to Brighton Beach/Coney Island (~10 minute ride).

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,952

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,400

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • 540 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Community Details

  • Midwood Subdivision
  • 8-Story Property

Listing and Financial Details

  • Legal Lot and Block 35 / 7674

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,952

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Cross Street: Avenue N/Avenue O
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midwood
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 540.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 336.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 40.0 x 110.0

Building Info

  • New Construction: Yes
  • Total Stories: 8
  • Year Built: 2021

Tax Info

  • Tax Block: 7674
  • Tax Lot: 35
  • Tax Annual: 5952.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Shamel Vered
Bought by
Kadosh Miri
Current Estimated Value
$453,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$249,368
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,783

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jul 7, 2022
Sold by
Royal 1901 Ocean Avenue Realty Llc
Bought by
Shamel Vered
List Price
$425,000
Sold Price
$380,250
Premium/Discount to List
-$44,750
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kadosh Miri $450,000 --
Shamel Vered $380,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadosh Miri $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $380,250 -7.0% $704 / Sq Ft
04/25/2022 04/25/22 Price Changed $409,000 -3.8% $757 / Sq Ft
04/06/2022 04/06/22 For Sale $425,000 -- $787 / 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 $5,330 $57,202 $13,223 $43,979
2024 $5,330 $55,099 $13,223 $41,876
2023 $4,583 $52,264 $13,223 $39,041
2022 $3,823 $37,363 $13,223 $24,140
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10786546

Real Estate Board of New York (REBNY)

APN: 07674-1106