NOT LISTED FOR SALE

1901 Ocean Ave Unit 7 A Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $604,000 - $779,000

2 Beds
2 Baths
997 Sq Ft
$595/mo HOA Fee

Last Sold March 03, 2023

Last sale price $720,000 $722 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,185/month

Highlights

  • New Construction
  • Rooftop Deck
  • Terrace
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • 4,400 Sq Ft lot
  • Balcony

About This Home

As of March 2023

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 7A at The Nuovo contains a modern 2-bedroom + 2-bath layout with a private balcony and a terrace. 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 in the heart of Midwood, with access on the Q line — residents will be a short ride away from the Coney Island Boardwalk in one direction, or Prospect Park/Park Slope in the other. With multiple local main corridors (namely Avenue J & Avenue M) and being in close proximity to the Brooklyn College vicinity, this is a truly unique location to call home base.

Last Agent to Sell the Property

Andrew Appell

Serhant License #10401290171 Listed on: 01/31/2023

Serhant

Co-Listed By

David Fernandez

Serhant License #40FE1052956

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,780

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,400

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 997 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 07674

Community Details

Overview

  • 23 Units
  • Midwood Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,780

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midwood
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area: 997.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 595.0
  • 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: 6780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 27, 2023
Sold by
Royal 1901 Ocean Avenue Llc
Bought by
Pastukhov Luis
Seller's Agent
Andrew Appell
Serhant
List Price
$772,500
Sold Price
$720,000
Premium/Discount to List
-$52,500
-6.8%
Current Estimated Value
$694,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,345
Avg. Annual Appreciation
-1.36%
Original Mortgage
$648,000
Outstanding Balance
$629,112
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,145
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
Pastukhov Luis $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pastukhov Luis $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $720,000 -6.8% $722 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $772,500 -- $775 / 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 $9,449 $101,410 $23,443 $77,967
2024 $9,449 $97,683 $23,443 $74,240
2023 $7,972 $92,657 $23,443 $69,214
2022 $6,778 $66,240 $23,443 $42,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10840937

Real Estate Board of New York (REBNY)

APN: 07674-1120