NOT LISTED FOR SALE

2523 Ocean Ave Unit 4A Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $645,000 - $709,917

2 Beds
1 Bath
1,181 Sq Ft
2008 Built

Sale Details

Date Sold: August 6, 2021

Last sale price $576,500 $488 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,896 / mo

Highlights

  • Elevator
  • Handicap Accessible
  • Multiple cooling system units
  • Jhs 234 Arthur W Cunningham Rated A-
  • Tile Flooring
  • Hot Water Heating System

About This Home

As of August 2021

Sheepshead Bay Brooklyn NY 11229 Elevator Condo Building. 2 bedroom 2 baths 1181 sq. ft. Condo is in great condition with open kitchen, living room, dining area and lots of closets space. Both bedrooms large enough to fit king size beds. Bedrooms have walk in closets. Sunny bright with windows throughout. Washer dryer hook up. Private parking space for one car. Hardwood floors, stainless steel appliances. Close to Avenue U shopping, restaurants, all public transportation including Q train. Great schools near by ES 255 , Cunningham JH, and Madison HS.

Last Agent to Sell the Property

Svetlana Kruler

RE/MAX Edge License #10301216896 Listed on: 12/15/2020

RE/MAX Edge

Last Buyer's Agent

Svetlana Kruler

RE/MAX Edge License #10301216896 Listed on: 12/15/2020

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 2008

Parking

  • 1 Parking Space

Home Design

  • 1,181 Sq Ft Home
  • Entry on the 4th floor

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • Septic System

Additional Features

  • Handicap Accessible
  • Sprinkler System

Listing and Financial Details

  • Tax Block 7325
  • Property eligible for a tax abatement

Community Details

Overview

  • 15 Units
  • Association Phone (718) 965-1500
  • Dsj Management Condos
  • Property managed by DSJ Corporation

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,920

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave U
  • Cross Street Name2: Ave T
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 396.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Elevator, Microwave, Refrigerator, Stove
  • Fill Sq Ft Total: 1181
  • Street Name I D X: Ocean
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Parquet, Tile
  • Entry Floor: 4
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1308

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Parking, Septic, Sewer, Sprinkler System, Water, Other

Condo/Co-op/Association

  • Management Company: DSJ Corporation
  • Manager Phone: 718-965-1500
  • Pets Allowed: Both Cats & Dogs, Exotic Types Allowed
  • Units In Building: 15

Lot Info

  • Building Project Name: dsj management

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 2920.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Ng Chor Wing and Ng Rebecca Sau
Bought by
Ng Chor Wing and Ng Rebecca Sau
Current Estimated Value
$668,729

Purchase Details

Listed on
Dec 15, 2020
Closed on
Aug 6, 2021
Sold by
Shyknevsky Lilya
Bought by
Ng Chor Wing and Ng Rebecca Sau
Seller's Agent
Svetlana Kruler
RE/MAX Edge
Buyer's Agent
Svetlana Kruler
RE/MAX Edge
Sold Price
$576,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$458,000
Outstanding Balance
$414,011
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$254,718

Purchase Details

Closed on
Jan 14, 2009
Sold by
2523-2527 Ocean Avenue Associates Llc
Bought by
Shyknevsky Lilya
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ng Chor Wing -- --
Ng Chor Wing -- --
Ng Chor Wing -- --
Ng Chor Wing $572,500 --
Ng Chor Wing $572,500 --
Ng Chor Wing $572,500 --
Shyknevsky Lilya $263,250 --
Shyknevsky Lilya $263,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Chor Wing $458,000
Closed Ng Chor Wing $458,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $576,500 -- $488 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $4,163 $79,900 $7,202 $72,698
2024 $4,163 $76,421 $7,202 $69,219
2023 $3,833 $73,780 $7,202 $66,578
2022 $5,832 $69,311 $7,202 $62,109
2021 $3,971 $53,063 $7,202 $45,861
2020 $2,906 $55,859 $7,202 $48,657
2019 $1,555 $55,859 $7,202 $48,657
2018 $295 $56,388 $7,203 $49,185
2017 $295 $53,716 $7,202 $46,514
2016 $299 $48,870 $7,203 $41,667
2015 $234 $47,502 $7,202 $40,300
2014 $234 $36,349 $7,202 $29,147
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Svetlana Kruler

    RE/MAX Edge

    (347) 210-9037

    3 in this area

    11 Total Sales

    Svetlana Kruler
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446070

Brooklyn Board of REALTORS®

APN: 07325-1308

New York Kings County Brooklyn 11229 Madison

2523 Ocean Ave Unit 4A, 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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