NOT LISTED FOR SALE

2218 Ocean Ave Unit 7-E Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $362,588 - $392,000

Studio
1 Bath
420 Sq Ft
$212/ mo HOA Fee

Last Sold May 18, 2022

Last sale price $369,500 $880 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,516/month

Highlights

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

About This Home

As of May 2022

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

Apartment 7E at The Q contains a modern studio layout + private balcony. All residences 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 residents lounge, 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: 04/08/2022

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,453

HOA Fees

  • $212 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 420 Sq Ft Home
  • Entry on the 7th floor

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Full Bathroom
  • 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

$2,124

Year Built

Built in 2021 | New Construction

Lot Details

9,453 Sq Ft Lot

HOA Fees

$212 per month

Listing Details

  • Cross Street: Quentin Road/Avenue R
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Homecrest
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 420.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 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: 212.0
  • 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: 2124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 13, 2022
Sold by
2218 Ocean Avenue Llc
Bought by
Sha Johnny and Shan Xin
Seller's Agent
Andrew Appell
Serhant
List Price
$369,500
Sold Price
$369,500
Current Estimated Value
$374,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,647
Avg. Annual Appreciation
0.33%
Original Mortgage
$266,250
Outstanding Balance
$252,612
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$121,535
Source: Public Records
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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
Sha Johnny $359,970 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sha Johnny $266,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $369,500 0.0% $880 / Sq Ft
04/08/2022 04/08/22 For Sale $369,500 -- $880 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $4,033 $34,048 $6,384 $27,664
2024 $4,033 $32,795 $6,384 $26,411
2023 $3,795 $32,311 $6,384 $25,927
2022 $3,634 $32,176 $6,384 $25,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10771731

Real Estate Board of New York (REBNY)

APN: 06802-1340

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