NOT LISTED FOR SALE

2218 Ocean Ave Unit 5E Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $322,000 - $374,000

Studio
1 Bath
420 Sq Ft
9,453 Sq Ft Lot

Last Sold April 20, 2023

Last sale price $325,000 $774 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,100/month

Highlights

  • Fitness Center
  • Rooftop Deck
  • Terrace
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Wood Flooring
  • Bike Room

About This Home

As of April 2023

ATTENTION INVESTORS AND END-USERS FIRST TIME OFFERED!!! BRIGHT AND SPACIOUS STUDIO CONDO COMPLETE WITH HIGH END BERTOZZONI APPLIANCES AND LARGE BALCONY, IN AN ULTRA EXCLUSIVE OCEAN AVENUE LOCATION, ONE SHORT BLOCK TO TRANSPORTATION AND HOUSES OF WORSHIP. THIS NEW CONSTRUCTION COMPLEX FEATURES, STATE OF THE ART GYM, BICYCLE STORAGE AND A BREATHTAKING ROOF TOP!!!

Last Agent to Sell the Property

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 07/06/2022

RE/MAX Real Estate Professionals

Co-Listed By

Billy Apter

RE/MAX Real Estate Professiona

Last Buyer's Agent

Zlata Zakharenko

RE/MAX Real Estate Professionals License #10401336754

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2021

Lot Details

  • 9,453

Parking

  • On-Street Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 420 Sq Ft Home
  • Wood Flooring

Kitchen

  • Stove
  • Microwave

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Cooling Available
  • Gas Available

Listing and Financial Details

  • Tax Block 6802

Community Details

Overview

  • 55 Units
  • Association Phone (718) 447-6600
  • Onyx Square Condos
  • Property managed by COE Property Management

Amenities

  • Rooftop Deck
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,000

Year Built

Built in 2021

Lot Details

9,453 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: Quentin Rd
  • Cross Street Name2: Avenue R
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 195.00
  • Negotiate Thru: Broker
  • Parking Attributes: Street
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dryer, Microwave, Refrigerator, Stove, Terrace, Washer
  • Fill Sq Ft Total: 420
  • Street Name I D X: Ocean
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

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

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 26

Utilities

  • Air Conditioning Units: 1
  • Utilities: Gas, Heat, Sewer, Water

Condo/Co-op/Association

  • Management Company: COE Property Management
  • Manager Phone: 718-447-6600
  • Units In Building: 55

Lot Info

  • Building Project Name: Onyx Square

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 2000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Apr 20, 2023
Sold by
Chen Qinfu
Bought by
Salihu Ilir
Seller's Agent
Vito Angelo
RE/MAX Real Estate Professionals
Buyer's Agent
Zlata Zakharenko
RE/MAX Real Estate Professionals
List Price
$365,000
Sold Price
$325,000
Premium/Discount to List
-$40,000
-10.96%
Current Estimated Value
$339,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,958
Avg. Annual Appreciation
1.53%

Purchase Details

Listed on
Mar 18, 2021
Closed on
Feb 25, 2022
Sold by
2218 Ocean Avenue Llc
Bought by
Chen Qinfu
Seller's Agent
Andrew Appell
Serhant
List Price
$356,000
Sold Price
$356,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.68%
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
Salihu Ilir $315,000 --
Chen Qinfu $360,984 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $325,000 -6.9% $774 / Sq Ft
12/20/2022 12/20/22 Price Changed $349,000 -4.4% $831 / Sq Ft
12/12/2022 12/12/22 For Sale $365,000 +12.3% $869 / Sq Ft
12/06/2022 12/06/22 Off Market $325,000 -- --
07/06/2022 07/06/22 For Sale $399,000 +12.1% $950 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
03/01/2022 03/01/22 Sold $356,000 0.0% $848 / Sq Ft View Prior Sale
03/18/2021 03/18/21 For Sale $356,000 -- $848 / Sq Ft
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 $3,747 $31,635 $5,931 $25,704
2024 $3,747 $30,471 $5,931 $24,540
2023 $2,535 $30,020 $5,931 $24,089
2022 $3,377 $29,895 $5,931 $23,964
Source: Public Records

Agents Affiliated with this Home

  • Vito Angelo

    Seller's Agent in 2023

    Vito Angelo

    RE/MAX

    (718) 887-5708

    1 in this area

    263 Total Sales

    Vito Angelo
    Section Image

  • B

    Seller Co-Listing Agent in 2023

    Billy Apter

    RE/MAX

    (718) 887-5708

    1 in this area

    255 Total Sales

    Billy Apter
    Section Image
  • Zlata Zakharenko

    Buyer's Agent in 2023

    Zlata Zakharenko

    RE/MAX

    (203) 539-9337

    2 in this area

    26 Total Sales

    Zlata Zakharenko
    Section Image
  • Andrew Appell

    Seller's Agent in 2022

    Andrew Appell

    Serhant

    (917) 968-4394

    78 in this area

    262 Total Sales

    Andrew Appell
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 463945

Brooklyn Board of REALTORS®

APN: 06802-1326

New York Kings County Brooklyn 11229 Homecrest

2218 Ocean Ave Unit 5E, Brooklyn, NY

Not Listed for Sale

Condos

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