NOT LISTED FOR SALE

2025 Ocean Ave Unit 2 C Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $568,000 - $655,000

1 Bed
1 Bath
929 Sq Ft
$180/mo HOA Fee

Last Sold July 02, 2024

Last sale price $569,000 $612 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,578/month

512 Days on Market

Highlights

  • New Construction
  • Balcony
  • High-Rise Condominium
  • P.S. 197 Kings Highway Academy (The) Rated A-

About This Home

As of July 2024

IMMEDIATE CLOSINGS! SHOWINGS ARE AVAILABLE BY APPOINTMENT.

This building is approved for a 1st-time homebuyers program. First time buyers may qualify for a loan with a 5.875% fixed interest rate for 30 years. Please note that the interest rate is subject to change. Don't miss out on this limited-time offer.

Welcome to 2025 Ocean Avenue a perfectly scaled collection of 1-bedroom, 2-bedroom and 3-bedroom residences. Located in Midwood, just minutes away from Kings Highway active shopping corridors. Enjoy all of the luxuries of new construction as well as comfort and convenience that is offered by this neighborhood.

Unit 2C is a spacious and inviting 1 bedroom / 1 bathroom + Home Office layout with a large outdoor space with access from both living room as well as bedroom! As you enter this home you are welcomed by the kitchen/dinning room that leads further into the living space. The living room connects with a home office/ additional room alcove. Enjoy the convenience of space with this roomy King-sized bedroom with a large walk in closet. What makes this unit standout is that you can appreciate the morning sunlight from its eastern exposure throughout the entire home.

The Kitchen is outfitted with Germany imported cabinetry with soft closing mechanism, quartz countertops and modern backsplash, under-cabinet lighting, stainless-steel appliance by Bloomberg, featuring 5 burner stove with illuminated knobs, Stainless steel dishwasher, and microwave with an exhaust vent. The kitchen also has a window allowing in fresh air and natural light flow.

The bathroom feature porcelain tiles, toilet with dual flush, vanity with storage, medicine cabinets, and whirlpool soaker tub with jets featuring handheld and fixed rain shower head! All residences feature large, German imported, triple pane - sound proof, tilt and turn technology windows allowing you to maximize natural light throughout your home. They also include central heating and cooling with individual room thermostats. A washer/dryer is added in every residence for further convenience.

Welcome to 2025 Ocean Avenue. We hope to see you soon!

All measurements are approximate. Images are renders that were virtually staged. Pictures Represent Various Layouts.
The complete offering terms are in an offering plan available from the File No: CD 19-0199

Last Agent to Sell the Property

Salomon Danielov

Corcoran Group License #10401221164 Listed on: 10/24/2022

Corcoran Group

Co-Listed By

Armend Duka

Corcoran Group License #10401337971

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,096

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,530

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • 929 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Balcony
  • No Cooling

Community Details

  • 16 Units
  • High-Rise Condominium
  • Midwood Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 06767

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,096

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midwood
  • Entry Level: 3
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Fireplace: No
  • Living Area: 929.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: Balcony
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 180.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: Yes
  • Units: 16
  • Total Stories: 8
  • Year Built: 2022

Tax Info

  • Tax Block: 06767
  • Tax Lot: 0000
  • Tax Annual: 9096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Jul 2, 2024
Sold by
2029 Ocean Ave Llc and 2029 Ocean Avenue Llc
Bought by
Demchenko Irina
Seller's Agent
Salomon Danielov
Corcoran Group
List Price
$599,000
Sold Price
$569,000
Premium/Discount to List
-$30,000
-5.01%
Views
299
Current Estimated Value
$611,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,500
Avg. Annual Appreciation
7.10%
Original Mortgage
$455,200
Outstanding Balance
$450,933
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,567
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
Demchenko Irina $579,384 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demchenko Irina $455,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $569,000 -1.7% $612 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $579,000 -3.3% $623 / Sq Ft
08/17/2023 08/17/23 Price Changed $599,000 0.0% $645 / Sq Ft
08/17/2023 08/17/23 For Sale $599,000 +5.3% $645 / Sq Ft
07/07/2023 07/07/23 Off Market $569,000 -- --
02/13/2023 02/13/23 Price Changed $629,000 +1.6% $677 / Sq Ft
12/13/2022 12/13/22 For Sale $619,000 -- $666 / 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 $12,129 $102,425 $9,458 $92,967
2024 $12,129 $98,666 $9,458 $89,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10980471

Real Estate Board of New York (REBNY)

APN: 06767-1306