NOT LISTED FOR SALE

2218 Ocean Ave Unit 5-C Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $440,000 - $485,000

1 Bed
1 Bath
526 Sq Ft
9,453 Sq Ft Lot

Sale Details

Date Sold: March 7, 2022

Last sale price $440,500 $837 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,229 / mo

Highlights

  • New Construction
  • Rooftop Deck
  • Garage
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Central Air

About This Home

As of March 2022

Welcome to The Q Condo, a ground-up new development where timeless elegance meets undeniable value. Apartment 5C at The Q contains a modern and super-efficient 1-bedroom layout. All residences in the building feature handsome weathered gray 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 and a separate storage unit included in the sale! At The Q, amenities await. Featuring a well-appointed lobby with virtual intercom and package room, state of the art fitness center, lavish resident lounge, bicycle storage, and rooftop recreation area equipped with outdoor wet bar-kitchenette, The Q does not fail to deliver on first class common spaces. With so much happening right here now in the Midwood-Homecrest-Sheepshead Bay area, and with The Q so close to the attractive main strip of Kings Highway and the subway (B/Q express), this is a truly unique location to call home base.

Last Agent to Sell the Property

Andrew Appell

Serhant License #10401290171 Listed on: 10/01/2021

Serhant

Co-Listed By

David Fernandez

Serhant License #40FE1052956

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,453

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 526 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 26 / 6802

Community Details

Overview

  • Homecrest Subdivision
  • 9-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,676

Year Built

Built in 2021 | New Construction

Lot Details

9,453 Sq Ft Lot

HOA Fees

$267 per month

Listing Details

  • Cross Street: Quentin Road/Avenue R
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Homecrest
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 526.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 267.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 24.0 x 126.0

Building Info

  • New Construction: Yes
  • Total Stories: 9
  • Year Built: 2021

Tax Info

  • Tax Block: 6802
  • Tax Lot: 26
  • Tax Annual: 2676.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 4, 2022
Sold by
2218 Ocean Avenue Llc
Bought by
Seller's Agent
Andrew Appell
Serhant
List Price
$440,500
Sold Price
$440,500
Current Estimated Value
$461,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,965
Avg. Annual Appreciation
1.04%
Original Mortgage
$396,450
Outstanding Balance
$362,457
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,008
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$444,905 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $396,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $440,500 0.0% $837 / Sq Ft
10/01/2021 10/01/21 For Sale $440,500 -- $837 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,139 $44,520 $8,042 $36,478
2025 $5,081 $42,894 $8,042 $34,852
2024 $5,081 $41,316 $8,042 $33,274
2023 $3,437 $40,705 $8,042 $32,663
2022 $4,579 $40,536 $8,042 $32,494
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10759248

Real Estate Board of New York (REBNY)

APN: 06802-1324

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