NOT LISTED FOR SALE

2388 Ocean Ave Unit 20 Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $685,008

1 Bed
2 Baths
1,166 Sq Ft
2006 Built

Sale Details

Date Sold: August 21, 2018

Last sale price $500,000 $429 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,251 / mo

Highlights

  • Terrace
  • Laundry Facilities
  • Secure Lobby
  • Jhs 234 Arthur W Cunningham Rated A-
  • Community Storage Space

About This Home

As of August 2018

Gorgeous, 2-level, lofted-condo apartment with its own enormous terrace, just coming to market overlooking Ocean Avenue in Homecrest! This is an extraordinary apartment with more than 1,100 square feet of livable space as well as a private rooftop terrace with more than 700 square feet for outdoor activities, like barbecuing, entertaining or simply relaxing in the sunshine! The first floor is an enormous, open-concept living space, with spacious living room, dining room area and high-end kitchen, complete with stainless steel appliances and granite counter tops! This floor also has a beautiful master bedroom with full bathroom en-suite. This great home has lovely hardwood floors throughout, loads of closet space and a washer and dryer in the apartment for added convenience! Up a fashionable flight of stairs is the loft, which can serve as an additional bedroom or an office space! The entire home is flooded with natural light through wide-open windows, making it warm and inviting and flowing out through glass doors and onto the impressive outside rooftop terrace! This is a very impressive place, with an opulent elevator and more than 5 years of tax abatement left! The neighborhood is terrific too, very peaceful and quiet and you’re right on Ocean Avenue and Avenue S; just perfect! Call today!

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $265

Year Built

  • Built in 2006

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,166 Sq Ft Home
  • Parquet Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Cooling Available
  • Gas Available

Listing and Financial Details

  • Tax Block 7298
  • Property eligible for a tax abatement

Community Details

Overview

  • 23 Units
  • Association Phone (646) 732-7382
  • Ocean Plaza Condo
  • Property managed by Ocean Plaza Condo

Amenities

  • Laundry Facilities
  • Secure Lobby
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$265

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 117790
  • Co List Office Phone: (718) 942-5952
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue S
  • Cross Street Name2: Avenue T
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 218.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Laundry Area, Refrigerator, Stove, Terrace, Washer
  • Fill Sq Ft Total: 1166
  • Street Name I D X: Ocean
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Parquet
  • Entry Floor: 6
  • Pets Allowed: No
  • Basement Type: Loft

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1121

Utilities

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

Condo/Co-op/Association

  • Management Company: Ocean Plaza Condo
  • Manager Phone: 646-732-7382
  • Units In Building: 23

Lot Info

  • Building Project Name: Ocean Plaza Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 265.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Aug 21, 2018
Sold by
Sherman Eugene and Sherman Kathleen
Bought by
Sold Price
$500,000
Current Estimated Value
$685,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,008
Avg. Annual Appreciation
3.97%
Original Mortgage
$250,000
Outstanding Balance
$212,571
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$472,437

Purchase Details

Closed on
Apr 20, 2012
Sold by
Ocean Avenue Development Group Llc
Bought by
Sherman Eugene and Sherman Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Homecrest, NY

  • Olga Moldavsky Real Estate Agent - REMAX EDGE

    Olga Moldavsky

    REMAX EDGE

    (888) 477-2209

    139 Total Sales

    7 in Homecrest

    $269K - $428K Price Range

    Olga Moldavsky
     Section Image
  • Yeugena Atayan Real Estate Agent - RE/MAX Real Estate Professiona

    Yeugena Atayan

    RE/MAX Real Estate Professiona

    (866) 450-0598

    21 Total Sales

    2 in Homecrest

    $215K - $2.4M Price Range

    Yeugena Atayan
     Section Image
  • Mitchell Feldman Real Estate Agent

    Mitchell Feldman

    Responds Quickly

    (855) 629-2561

    101 Total Sales

    1 in Homecrest

    $1,200,000 Price

    Mitchell Feldman
     Section Image
  • Igor Yakubinskiy Real Estate Agent - Century 21 Homefront Realty

    Igor Yakubinskiy

    Century 21 Homefront Realty

    (929) 543-5528

    26 Total Sales

    1 in Homecrest

    $1,250,000 Price

    Igor Yakubinskiy
     Section Image
  • Danny Chung Real Estate Agent

    Danny Chung

    (866) 968-7198

    96 Total Sales

    3 in Homecrest

    $550K - $775K Price Range

    Danny Chung
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 --
Sherman Eugene $415,740 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $250,000
Previous Owner Sherman Eugene $348,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2018 08/21/18 Sold $500,000 -- $429 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,378 $62,097 $6,030 $56,067
2025 $7,152 $59,842 $6,030 $53,812
2024 $7,152 $70,963 $6,030 $64,933
2023 $5,231 $61,991 $6,030 $55,961
2022 $3,762 $58,154 $6,030 $52,124
2021 $2,322 $44,197 $6,030 $38,167
2020 $1,335 $50,755 $6,030 $44,725
2019 $197 $48,827 $6,030 $42,797
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 419269

Brooklyn Board of REALTORS®

APN: 07298-1121

New York Kings County Brooklyn 11229 Homecrest

2388 Ocean Ave Unit 20, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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