NOT LISTED FOR SALE

Estimated Value: $486,000 - $489,938

1 Bed
1 Bath
-- Sq Ft
$690/ mo HOA Fee

Last Sold March 16, 2023

Last sale price $449,000

Est. 9% increase in value since last sale

Current estimated payment $3,717/month

117 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Church Avenue (B,Q Line)
  • Laundry Facilities
  • Ebbets Field Middle School Rated 9+
  • Entrance Foyer
  • 1-minute walk to Umma Park

About This Home

As of March 2023

Where else can you enjoy Prospect Park, the Lake, the Parade Grounds and Tennis Courts, a diverse array of delicious restaurants and still be 5 stops away from Manhattan on the most reliable Express Train in Brooklyn?
Welcome to 416 Ocean Ave, a handsome and pet-friendly pre-war coop just two blocks from the Southwest corner of Prospect Park and the B/Q express trains. Use the modern ButterflyMX system to enter a magnificent lobby that evokes 100 years of grandeur. Take the elevator to the 4th floor where you'll find apartment #40 ready to be your next home.
Walk into the foyer and you'll enjoy a built in entry table and two large closets which ends at the expansive living and dining room enhanced by high ceilings. To one end of the great room you'll find a large, eat-in windowed kitchen with new stainless steel appliances. At the other end of the room you'll enter the private wing with a bathroom and oversized bedroom that easily fits a King bed furniture set and office. The entire apartment has been painted and the bathroom reglazed. The apartment has a hookup and is ready for Verizon FIOS. 416 Ocean Ave is a 90 unit coop with a part-time doorman, Video Intercom system, live-in Super and with laundry in the building. A Bike room and Storage may be available. The coop is purchaser (and pet!) friendly and allows 90% financing, gifting, pieds-a-terre and generous subletting after ownership.

Last Agent to Sell the Property

Grant Braswell

Compass License #10301213920 Listed on: 08/11/2022

Compass

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1924

HOA Fees

  • $690 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 40 / 5061

Community Details

Overview

  • Prospect Park South Subdivision
  • 9-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1924

HOA Fees

$690 per month

Listing Details

  • Cross Street: Crooke Avenue/Caton Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Park South
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 9

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 690.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 9
  • Year Built: 1924

Tax Info

  • Tax Block: 5061
  • Tax Lot: 40
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $449,000 0.0% --
12/14/2022 12/14/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $449,000 -6.3% --
10/24/2022 10/24/22 Price Changed $479,000 -3.2% --
08/18/2022 08/18/22 For Sale $495,000 -- --
Source: Real Estate Board of New York (REBNY)

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 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $334,258 $3,054,600 $358,650 $2,695,950
2017 $0 $2,958,300 $358,650 $2,599,650
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10834736

Real Estate Board of New York (REBNY)

APN: 05061-004040

Your Personal Tour Guide

Ask me questions while you tour the home.