NOT LISTED FOR SALE

575 Ocean Ave Unit 4A Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $482,000

3 Beds
1.5 Baths
1,213 Sq Ft
$397/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $465,000 $383 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,994/month

127 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 5-minute walk to Church Avenue (B,Q Line)

About This Home

As of August 2022

Welcome to 575 Ocean Avenue Unit 4A. Located in Prospect Park South, this is a great affordable housing opportunity that would generally cost much more. It consists of a huge 3 bedroom, 1 1/2 bathroom apartment with over 1200 sqft of living space. In need of a makeover, this CoOp still holds tremendous value and an opportunity for the right buyer. Close to transportation, shopping, restaurants, schools, houses of worship and with just a short walk to Prospect Park, you cant ask for much more. A 20% minimum down payment is required and there is a 30% flip tax paid by the seller.

.

This is an HDFC cooperative with income restrictions- purchaser can not have made more than the amounts below in 2019 or 2020. Income limits are based on family size and only pertain to incoming buyers.

.

Family of 1 is $87,000

Family of 2 is $100,000

Family of 3 is $112,000

Family of 4 is $135,000

Family of 5 is $145,000

.

Last Agent to Sell the Property

Gregory Valvo

Revived Residential License #10301222351 Listed on: 11/13/2021

Co-Listed By

Joe Cruz

Revived Residential License #10301214722

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1926

HOA Fees

  • $906 Monthly HOA Fees

Home Design

  • 1,213 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Flatbush Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 29 / 5101

Property Details

Home Type

Co-Op

Year Built

Built in 1926

Lot Details

0

HOA Fees

$906 per month

Listing Details

  • Cross Street: Church Avenue/Tennis Court
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 6

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1213.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 906.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 1926

Tax Info

  • Tax Block: 5101
  • Tax Lot: 29

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Change Sq Ft Price
08/10/2022 08/10/22 Sold $465,000 -6.8% $383 / Sq Ft
03/16/2022 03/16/22 For Sale $499,000 +7.3% $411 / Sq Ft
03/16/2022 03/16/22 Off Market $465,000 -- --
11/17/2021 11/17/21 For Sale $465,000 -- $383 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gregory Valvo

    Seller's Agent in 2022

    Gregory Valvo

    Revived Residential

    (718) 795-6263

    2 in this area

    73 Total Sales

    Gregory Valvo
    Section Image
  • Joe Cruz

    Seller Co-Listing Agent in 2022

    Joe Cruz

    Revived Residential

    (917) 459-7681

    5 in this area

    69 Total Sales

    Joe Cruz
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10788614

Real Estate Board of New York (REBNY)

APN: 05101-00293A

New York Kings County Brooklyn 11226 Flatbush

575 Ocean Ave Unit 4A, Brooklyn, NY

This home is located at 575 Ocean Ave Unit 4A, Brooklyn, NY 11226 since 13 November 2021 and is currently estimated at $482,000, approximately $397 per square foot. This property was built in 1926. 575 Ocean Ave Unit 4A is a home located in Kings County with nearby schools including P.S. 889, School of Science and Technology, and P.S. 315.

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.

RLS Data display by Homes.com LLC

Nearby Homes