$480,000
SOLD MAY 19, 2022

2218 Ocean Ave Unit 5B Brooklyn, NY 11229

Homecrest Neighborhood
1 Bed
1 Bath
615 Sq Ft
$289/mo HOA Fee

Recently Sold

$780 Per Sq Ft

305 Days on Market

Highlights

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

About This Home

As of May 2022

Welcome to The Q Condo, a ground-up new development where timeless elegance meets undeniable value.

Apartment 5B 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!

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: 05/26/2021

Serhant

Co-Listed By

David Fernandez

Serhant License #40FE1052956

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,892

Year Built

  • Built in 2021 | New Construction

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 615 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • 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

$2,892

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$289 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

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 615.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

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: 289.0
  • 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: 2892.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Chan Michelle Phuong
Bought by
Konovalova Iryna and Shesterkin Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$305,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,235

Purchase Details

Listed on
May 26, 2021
Closed on
May 18, 2022
Sold by
2218 Ocean Avenue Llc
Bought by
Chan Michelle Phuong
Seller's Agent
Andrew Appell
Serhant
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%
Original Mortgage
$360,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $505,000 --
Deed $480,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,000 Purchase Money Mortgage
Previous Owner $360,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $510,000 0.0% $829 / Sq Ft
08/26/2022 08/26/22 Off Market $2,500 -- --
05/19/2022 05/19/22 Sold $480,000 0.0% $780 / Sq Ft
05/19/2022 05/19/22 For Rent $2,750 +10.0% --
05/18/2022 05/18/22 Rented $2,500 0.0% --
05/27/2021 05/27/21 For Sale $480,000 -- $780 / 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 $5,494 $46,380 $8,696 $37,684
2024 $5,494 $44,674 $8,696 $35,978
2023 $5,169 $44,013 $8,696 $35,317
2022 $4,951 $43,830 $8,696 $35,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10771909

Real Estate Board of New York (REBNY)

APN: 06802-1323