$450,000
SOLD AUG 10, 2021
1 Bed
1 Bath
545 Sq Ft
$266/mo HOA Fee

Recently Sold

$826 Per Sq Ft

0 Day on Market

Highlights

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

About This Home

As of August 2021

Welcome to 2222 Ocean Ave! The tension of your busy New York day instantly melts away when you walk into this expansive 1 BED/ 1 BATH Condo. The open kitchen/dining/living room layout and large north facing exposures help create this sense of ease. The northern exposure sliding glass doors bring you to your private balcony space. The kitchen has an open design all along one wall making the most of this space and giving you all the room, you need for a functional space. The bathroom boasts a white marble Italian style to give you a calming self-care experience. Your bedroom offers a north facing window and an abundant walk-in closet. This apartment features high quality Italian porcelain floors, with hard wood floors in the bedrooms. Elegant white and silver light fixtures add a touch of class to this space.

On top of the pending 15-year tax abatement, homeowners in this building can enjoy exclusive amenities such as a super, resident lounge, storage, luxury fitness center & kids' playroom. 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**

Last Agent to Sell the Property

Avi Malul

THE LION REAL ESTATE License #10491210238 Listed on: 08/10/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $384

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 545 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • Balcony
  • North 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

$384

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Cross Street: Quentin Road/Avenue R
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 545.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • 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: 266.0
  • 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: Yes
  • Total Stories: 8
  • Year Built: 2019

Tax Info

  • Tax Block: 6802
  • Tax Lot: 31
  • Tax Annual: 384.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Aug 9, 2021
Sold by
2222-2226 Ocean Avenue Development Llc
Bought by
Petucco Claudio
Seller's Agent
Avi Malul
THE LION REAL ESTATE
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$514,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,386
Avg. Annual Appreciation
1.80%
Original Mortgage
$337,500
Outstanding Balance
$306,430
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,975
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 $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Rented $2,600 0.0% --
09/05/2024 09/05/24 For Rent $2,600 0.0% --
08/10/2021 08/10/21 Sold $450,000 0.0% $826 / Sq Ft
08/10/2021 08/10/21 For Sale $450,000 -- $826 / 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 $300 $67,171 $6,206 $60,965
2024 $300 $64,702 $6,206 $58,496
2023 $294 $64,412 $6,206 $58,206
2022 $294 $68,469 $6,206 $62,263
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10736482

Real Estate Board of New York (REBNY)

APN: 06802-1215