NOT LISTED FOR SALE

2120 Ocean Ave Unit 5C Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $353,000 - $400,000

Studio
1 Bath
595 Sq Ft
2005 Built

Sale Details

Date Sold: November 22, 2020

Last sale price $323,000 $543 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,268 / mo

Highlights

  • Fitness Center
  • 5-minute walk to Kings Highway (B,Q Line)
  • Wood Flooring
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Intercom to Front Desk
  • Cooling Available

About This Home

As of November 2020

Sunny studio apartment for sale. Located near the corner of Ocean Ave & Kings Hwy in Madison, and bordering with Midwood, Homecrest and Sheepshead Bay. The building features elevator, exercise room, laundry, rooftop with unobstructed views, bike storage, parking for rent, and video intercom system. Apartment has a window in bathroom, and a window in kitchen. Low monthly maintenance is $198. Building was built in 2005. Taxes are only $351 per year, and will be under $2,200 per year when tax abatement will expire in about 1 year...Building is very close to B7, B82, B49 Bus Routs, and B & Q Trains. Only 35 min train ride to NYC.

Last Agent to Sell the Property

Alexey Kogan

RE/MAX Edge License #10301215469 Listed on: 03/16/2020

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $351

Year Built

  • Built in 2005

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 595 Sq Ft Home
  • Window Treatments
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Cooling Available
  • Split Air Conditioning

Listing and Financial Details

  • Tax Block 123
  • Property eligible for a tax abatement

Community Details

Overview

  • 20 Units
  • Association Phone (718) 898-0190
  • The Kings Highway Condominium I Condos
  • Property managed by Impact

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator
  • Secure Lobby

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$351

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 198.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Central Air - Split, Dishwasher, Elevator, Laundry Area, Microwave, Window Treatments
  • Fill Sq Ft Total: 595
  • Street Name I D X: Ocean
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Flooring: Hardwood
  • Entry Floor: 5
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 45

Utilities

  • Air Conditioning Units: 1
  • Utilities: Water

Condo/Co-op/Association

  • Management Company: Impact
  • Manager Phone: 718 898-0190
  • Units In Building: 20

Lot Info

  • Building Project Name: The Kings Highway Condominium I

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 351.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Nov 20, 2020
Sold by
Yan Jerry Xing and Yen Lan Ching
Bought by
Furmanov Ilya
Seller's Agent
Alexey Kogan
RE/MAX Edge
Sold Price
$323,000
Current Estimated Value
$367,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,633
Avg. Annual Appreciation
2.41%
Original Mortgage
$242,250
Outstanding Balance
$215,568
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$152,065

Purchase Details

Closed on
Oct 22, 2013
Sold by
Khw Development Llc
Bought by
Yan Jerry Xing and Yen Lan Ching
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 Buyer Sale Price Title Company
Furmanov Ilya $323,000 --
Yan Jerry Xing $228,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furmanov Ilya $242,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2020 11/22/20 Sold $323,000 -- $543 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,978 $36,947 $3,022 $33,925
2024 $3,978 $35,582 $3,022 $32,560
2023 $3,059 $35,328 $3,022 $32,306
2022 $2,265 $30,837 $3,022 $27,815
2021 $1,523 $26,867 $3,022 $23,845
2020 $706 $28,844 $3,022 $25,822
2019 $351 $28,844 $3,022 $25,822
2018 $354 $30,203 $3,022 $27,181
2017 $354 $25,798 $3,023 $22,775
2016 $359 $23,405 $3,023 $20,382
2015 $281 $21,809 $3,022 $18,787
2014 $281 $20,740 $3,023 $17,717
Source: Public Records

Agents Affiliated with this Home

  • Alexey Kogan

    Seller's Agent in 2020

    Alexey Kogan

    RE/MAX Edge

    1 in this area

    37 Total Sales

    Alexey Kogan
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 437562

Brooklyn Board of REALTORS®

APN: 06782-1012

New York Kings County Brooklyn 11229 Homecrest

2120 Ocean Ave Unit 5C, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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