NOT LISTED FOR SALE

1901 Ocean Ave Unit 5 b Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $434,000 - $483,000

1 Bed
1 Bath
540 Sq Ft
$347/mo HOA Fee

Last Sold October 11, 2022

Last sale price $425,000 $787 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,281/month

33 Days on Market

Highlights

  • New Construction
  • 4,400 Sq Ft lot
  • Community Garden
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Pre War Building
  • Garden

About This Home

As of October 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 5B 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).

Last Agent to Sell the Property

Andrew Appell

Serhant License #10401290171 Listed on: 07/29/2022

Serhant

Co-Listed By

David Fernandez

Serhant License #40FE1052956

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,144

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,400

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 540 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Garden
  • Central Air

Listing and Financial Details

  • Tax Block 07674

Community Details

Overview

  • 23 Units
  • Midwood Subdivision
  • 8-Story Property

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,144

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$347 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midwood
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 540.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 347.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 4400.0
  • Lot Size Dimensions: 40.0 x 110.0

Building Info

  • New Construction: Yes
  • Units: 23
  • Total Stories: 8
  • Year Built: 2021

Tax Info

  • Tax Block: 07674
  • Tax Annual: 6144.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Oct 11, 2022
Sold by
Royal 1901 Ocean Avenue Realty Llc
Bought by
Kosiak Przemyslaw and Kusmierska Agnieszka
Seller's Agent
Andrew Appell
Serhant
List Price
$435,500
Sold Price
$425,000
Premium/Discount to List
-$10,500
-2.41%
Views
3
Current Estimated Value
$455,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,158
Avg. Annual Appreciation
2.40%
Original Mortgage
$375,000
Outstanding Balance
$361,379
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,779
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
Kosiak Przemyslaw $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosiak Przemyslaw $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $425,000 -2.4% $787 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $435,500 -- $806 / 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 $5,507 $59,104 $13,663 $45,441
2024 $5,507 $56,931 $13,663 $43,268
2023 $3,833 $54,001 $13,663 $40,338
2022 $3,950 $38,606 $13,663 $24,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10853338

Real Estate Board of New York (REBNY)

APN: 07674-1114