$382,278
SOLD MAY 19, 2022

2222 Ocean Ave Unit 2-C Brooklyn, NY 11229

Homecrest Neighborhood
-- Bed
1 Bath
440 Sq Ft
$206/mo HOA Fee

Recently Sold

$869 Per Sq Ft

10 Days on Market

Highlights

  • Central Air
  • Garage
  • East Facing Home
  • P.S. 197 Kings Highway Academy (The) Rated A-

About This Home

As of May 2022

Pending 421A 15-year tax abatement End 2035

Welcome to 2222 Ocean Ave ! Walk into your cozy new studio apartment and feel at ease immediately when you see your open floor plan and large east facing sliding glass windows. Make the most out of your space with a large closet by the entry way and a walk in closet adjacent to your kitchenette. Next to your kitchenette, you will find a closeted space equipped with washer and dryer hook ups.

Stainless steel appliances and a beautiful geometric mosaic design back splash highlight your kitchen space. Your bathroom features a monochromatic white Italian porcelain marbled design with a tub. The expansive living area receives beautiful morning sunlight with the east facing . This apartment features high quality Italian porcelain floors and elegant white and silver light fixtures.

On top of the pending 15-year tax abatement, homeowners in this building can enjoy exclusive amenities such as a super, resident lounge, luxury fitness center & kids play room. Limited assigned parking is also available for sale.

South Brooklyn's neighborhood of Madison is rapidly growing and provides convenient transportation to Manhattan with the B & Q train. Take the B or Q in the opposite direction for fast access to South Brooklyn's beaches. Enjoy the laid back feel of living in a town where others dream to vacation. Madison is known for its many shops along Kings Highway and offers a neighborhood hospital, post office, banks, playgrounds, and more!

Please contact us by phone so we can provide you with our showing agent's cell number for a VIRTUAL TOUR & VIDEO**

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD19-0035.

Last Agent to Sell the Property

Avi Malul

THE LION REAL ESTATE License #10491210238 Listed on: 03/06/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $231

Year Built

  • Built in 2019

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 440 Sq Ft Home
  • Entry on the 2nd floor

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Full Bathroom
  • East Facing Home
  • Central Air

Community Details

  • Sheepshead Bay Subdivision
  • 8-Story Property

Listing and Financial Details

  • Legal Lot and Block 31 / 6802

Property Details

Home Type

Condominium

Est. Annual Taxes

$231

Year Built

Built in 2019

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Cross Street: Quentin Road/Avenue R
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 440.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Accessibility Features: Wheelchair Access

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

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: 205.74
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 8
  • Year Built: 2019

Tax Info

  • Tax Block: 6802
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
May 19, 2022
Sold by
2222-2226 Ocean Avenue Development Llc
Bought by
Li Jing Shi and Xu Ranming
Seller's Agent
Annael Kamar
Nest Seekers LLC
Sold Price
$2,075
Current Estimated Value
$411,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,195
Avg. Annual Appreciation
1.72%
Original Mortgage
$170,000
Outstanding Balance
$162,026
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,633
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 $382,278 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Rented $2,075 0.0% --
05/24/2022 05/24/22 For Rent $2,075 0.0% --
05/19/2022 05/19/22 Sold $382,278 0.0% $869 / Sq Ft
03/06/2022 03/06/22 For Sale $382,278 -- $869 / 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 $231 $51,817 $4,787 $47,030
2024 $231 $49,912 $4,787 $45,125
2023 $227 $49,689 $4,787 $44,902
2022 $226 $52,819 $4,787 $48,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10779567

Real Estate Board of New York (REBNY)

APN: 06802-1203