$650,000
SOLD DEC 12, 2018

2511 Ocean Ave Unit 304 Brooklyn, NY 11229

Madison Neighborhood
2 Beds
2 Baths
1,165 Sq Ft
$350/mo HOA Fee

Recently Sold

$558 Per Sq Ft

7% Below List Price

115 Days on Market

Highlights

  • Rooftop Deck
  • Balcony
  • Garage
  • Jhs 234 Arthur W Cunningham Rated A-
  • Cooling Available
  • Laundry Facilities

About This Home

As of September 2022

Welcome to 2511 Ocean Avenue Apt 304 spanning 1,165 square feet. This bright and spacious 2 bed 2 bath duplex condo layout gives the impression that you are living in a house, and includes a DEEDED indoor parking space. Step in to the lower level to be greeted by a coat closet with ample storage space. A hallway leads you into the large modern kitchen with quartz countertops, stainless steel appliances including dishwasher, extensive counter space for cooking and eating, and under cabinet lightning. The sun drenched living room opens up to a balcony. Head up the stairs to the second level and find a KING-SIZED master bedroom including ensuite bathroom with jetted tub, another balcony, and a second bedroom. Other features include high ceilings, hardwood floors, recessed lighting, Fujitsu A/C, stackable washer/dryer, and automatic custom shades. The Building features roof access and a parking garage. Exceptional convenience of an Ocean Avenue location with B 49 and B M 3 (express) bus access and shopping and restaurants on Avenue U with the B 3 bus and Q Train at East 16th street. 5 years remaining on the tax abatement!

Co-Listed By

Heather McMaster

Corcoran Group License #10301200032

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 2005

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,165 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Cooling Available

Community Details

Overview

  • 25 Units
  • Sheepshead Bay Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,488

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Cross Street: Avenue T/ Avenue U
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Living Area: 1165.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 350.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 25
  • Total Stories: 7
  • Year Built: 2005

Tax Info

  • Tax Annual: 1488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Dec 12, 2018
Sold by
Kader Ma Fang and Kader Ma
Bought by
Lagutin Aleksandr and Lagutin Yuriy
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$707,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,866
Avg. Annual Appreciation
0.88%
Original Mortgage
$453,000
Outstanding Balance
$400,654
Interest Rate
4.8%
Mortgage Type
Unknown
Estimated Equity
$289,077

Purchase Details

Closed on
Apr 15, 2015
Sold by
Kuznetsova Yelena
Bought by
Ma Kader and Ma Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2012
Sold by
Bukhman Galina and Shorshtein Alexander
Bought by
Kuznetsova Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2006
Sold by
2509 Ocean Avenue Realty Llc
Bought by
Bukhman Galina and Shorshtein Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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 $650,000 --
Deed $520,000 --
Deed $470,000 --
Deed $449,202 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,000 Unknown
Previous Owner $320,000 New Conventional
Previous Owner $376,000 New Conventional
Previous Owner $374,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $640,000 0.0% $549 / Sq Ft
09/20/2022 09/20/22 Sold $640,000 -1.2% $549 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $648,000 -7.2% $556 / Sq Ft
05/16/2022 05/16/22 For Sale $698,000 +7.4% $599 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
12/12/2018 12/12/18 Sold $650,000 -7.0% $558 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $699,000 -- $600 / 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 $7,866 $68,371 $2,203 $66,168
2024 $7,866 $79,707 $2,203 $77,504
2023 $5,878 $70,379 $2,203 $68,176
2022 $6,872 $64,409 $2,203 $62,206
2021 $4,905 $49,200 $2,203 $46,997
2020 $2,013 $56,236 $2,203 $54,033
2019 $2,820 $55,507 $2,203 $53,304
2016 $403 $53,873 $2,203 $51,670
2015 $210 $44,491 $2,203 $42,288
2014 $210 $29,282 $2,203 $27,079
Source: Public Records

Agents Affiliated with this Home

  • Ruslan Mingazov

    Seller's Agent in 2022

    Ruslan Mingazov

    RE/MAX Edge

    (646) 241-8842

    5 in this area

    237 Total Sales

    Ruslan Mingazov
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

  • Heather McMaster

    Seller Co-Listing Agent in 2018

    Heather McMaster

    Corcoran Group

    (917) 803-4219

    197 Total Sales

    Heather McMaster
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10429260

Real Estate Board of New York (REBNY)

APN: 07325-1210

New York Kings County Brooklyn 11229 Madison

2511 Ocean Ave Unit 304, Brooklyn, NY

This home is located at 2511 Ocean Ave Unit 304, Brooklyn, NY 11229 and is currently priced at $650,000, approximately $557 per square foot. This property was built in 2005. 2511 Ocean Ave Unit 304 is a home located in Kings County with nearby schools including P.S. 255 Barbara Reing School, Jhs 234 Arthur W Cunningham, and St. Edmund Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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