$610,000
SOLD MAR 14, 2025

1972 Ocean Ave Unit 4A Brooklyn, NY 11230

Midwood Neighborhood
2 Beds
2 Baths
946 Sq Ft
$356/mo HOA Fee

Recently Sold

$645 Per Sq Ft

6% Below List Price

92 Days on Market

Highlights

  • Balcony
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • No Heating

About This Home

As of March 2025

Welcome to 1972 Ocean Ave, Apartment 4A, a stunning 2-bedroom, 2-bathroom condo that offers the perfect blend of luxury and convenience. This exquisite residence features private elevator access, ensuring both privacy and ease of entry. Step inside to discover a spacious living area adorned with radiant heat flooring, providing warmth and comfort throughout the home.

The modern, split AC units allow for personalized climate control in each room, ensuring year-round comfort. The open-concept design seamlessly connects the living and dining areas, leading to a private balcony where you can unwind and enjoy the fresh air.

Located just moments away from the Kings Highway B and Q subway lines, along with the B-82, B-49 and B-7 buses nearby, commuting is a breeze. You'll also find an array of shopping options nearby, making this location ideal for those who appreciate both convenience and accessibility.

With 8 years remaining on the tax abatement, this condo not only offers a luxurious lifestyle but also a smart investment opportunity. Don't miss out on the chance to call this exceptional property your home.

Last Agent to Sell the Property

Hiram Borrero

Revived Residential License #10401235120 Listed on: 11/20/2024

Co-Listed By

Alex Daigh

Compass License #10301214370

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $456

Year Built

  • Built in 2015

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • 946 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • No Heating

Community Details

  • 20 Units
  • Midwood Subdivision

Listing and Financial Details

  • Legal Lot and Block 1205 / 06757

Property Details

Home Type

Condominium

Est. Annual Taxes

$456

Year Built

Built in 2015

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midwood
  • Entry Level: 4
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace: No
  • Living Area: 946.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 356.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 20
  • Year Built: 2015

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 06757
  • Tax Lot: 1205
  • Tax Annual: 456.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Mar 14, 2025
Sold by
Khait Valerie
Bought by
Gugnishev Alex and Gugnishev Lana
Seller's Agent
Hiram Borrero
Revived Residential
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
29
Current Estimated Value
$561,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,244
Avg. Annual Appreciation
-9.34%

Purchase Details

Closed on
Dec 13, 2024
Sold by
Khait Aleksandr and Khait Valerie
Bought by
Khait Valerie

Purchase Details

Closed on
May 25, 2017
Sold by
1972 Ocean Avenue Llc
Bought by
Khait Aleksandr and Khait Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $610,000 --
Deed $610,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $461,370 --
Deed $461,370 --
Deed $461,370 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $610,000 -2.4% $645 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
12/10/2024 12/10/24 Price Changed $625,000 -3.8% $661 / Sq Ft
11/20/2024 11/20/24 For Sale $650,000 -- $687 / 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 $459 $45,485 $12,830 $32,655
2024 $459 $43,795 $12,830 $30,965
2023 $459 $42,182 $12,830 $29,352
2022 $448 $33,968 $12,845 $21,123
2021 $443 $30,636 $12,845 $17,791
2020 $458 $33,923 $12,845 $21,078
2019 $463 $32,338 $12,845 $19,493
2018 $3,934 $31,190 $12,845 $18,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11022236

Real Estate Board of New York (REBNY)

APN: 06757-1205