NOT LISTED FOR SALE

2025 Ocean Ave Unit 7 B Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $652,000 - $740,000

2 Beds
2 Baths
-- Sq Ft
$168/mo HOA Fee

Last Sold December 29, 2023

Last sale price $679,000

322 Days on Market

Highlights

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

About This Home

As of December 2023

IMMEDIATE CLOSINGS! WEEKDAY 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 PH7B is a spacious and inviting 2-bedroom / 2-bathroom railroad style layout with not one, but 2 private outdoor spaces! On the left side from the entrance, you have the kitchen that leads further into the dining/living space which is flooded with natural light from the west facing exposure and has an extra-large terrace with amazing views!

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 range hood with an exhaust vent. The kitchen also has a window allowing in fresh air and natural light flow.

Both Bedrooms are down the hall on the right side of the entrance. Enjoy the convenience of space with these roomy King-sized bedrooms with ample closet space and large windows. The bedrooms have east facing exposures and a long balcony with access from both of the two bedrooms.

The bathrooms feature porcelain tiles, toilet with dual flush, vanity with storage, medicine cabinets. The guest bathroom has a whirlpool soaker tub with jets featuring handheld and fixed rain shower head and the primary bedroom has an en-suite bathroom with a stall shower.

All residences feature large, German imported, triple pane - soundproof, 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! Please inquire to visit our open house by appointment.

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

  • $10,776

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,530

HOA Fees

  • $168 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • 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

$10,776

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$168 per month

Listing Details

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

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Elevator(s), Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 168.0
  • 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: 10776.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Dec 29, 2023
Sold by
2029 Ocean Ave Llc and 2029 Ocean Avenue Llc
Bought by
Protopapas Dimitris and Protopapas Helen
Seller's Agent
Salomon Danielov
Corcoran Group
List Price
$699,000
Sold Price
$679,000
Premium/Discount to List
-$20,000
-2.86%
Views
247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$150,000
Outstanding Balance
$147,799
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$537,009
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Protopapas Dimitris $661,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Protopapas Dimitris $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $679,000 0.0% --
11/01/2023 11/01/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $679,000 -2.9% --
12/13/2022 12/13/22 For Sale $699,000 -- --
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 $14,523 $122,646 $11,325 $111,321
2024 $14,523 $118,144 $11,325 $106,819
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10924779

Real Estate Board of New York (REBNY)

APN: 06767-1316