$429,000
PENDING

702 Ocean Pkwy Unit 1B Brooklyn, NY 11230

Kensington Neighborhood

Estimated payment $3,309/month

Total Views 1,563
-- Bed
2 Baths
1,561 Sq Ft
$275 Price per Sq Ft

Highlights

  • Handicap Accessible
  • P.S. 134 Rated A
  • Multiple cooling system units

About This Home

Short Sale- Subject to 3rd party approval. Residential Duplex unit for sale. Street level entrance into reception with 5 room offices and 2 bathroom. In the lower level you will find, kitchen and room for storage. Great condition. Ceramic floors, split units in every room. There is a tenant in place, pays month to month, can be sold vacant. Possible to convert to an apartment. Huge potential. storage unit in the building for extra $75.

Listing Agent

Alla Reuben

RE/MAX Edge Listed on: 03/10/2025

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,715

Year Built

  • Built in 2004

Parking

  • On-Street Parking

Home Design

  • 1,561 Sq Ft Home

Additional Features

  • 2 Full Bathrooms
  • Handicap Accessible
  • Multiple cooling system units

Community Details

  • 15 Units
  • Association Phone (718) 208-4062
  • Parkville Promenade Condos
  • Property managed by Parkville Promenade Condominium

Listing and Financial Details

  • Tax Block 5423

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,715

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Newkirk Avenue
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 979.00
  • Parking Attributes: Street
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall
  • Rooms Total Level1: 6
  • Fill Sq Ft Total: 1561
  • Street Name I D X: Ocean
  • Street Number I D X: 702
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Entry Floor: 1
  • Room Count: 8
  • Total Rooms: 6
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1002

Utilities

  • Air Conditioning Units: 5+
  • Utilities: Other

Condo/Co-op/Association

  • Management Company: Parkville Promenade Condominium
  • Manager Phone: (718) 208-4062
  • Units In Building: 15

Lot Info

  • Building Project Name: Parkville Promenade

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 11715.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $12,217 $111,268 $12,702 $98,566
2024 $12,217 $107,166 $12,702 $94,464
2023 $11,495 $103,185 $12,702 $90,483
2022 $10,936 $101,469 $12,702 $88,767
2021 $8,506 $91,479 $12,702 $78,777
2020 $3,096 $92,857 $12,702 $80,155
2019 $4,346 $92,857 $12,702 $80,155
2018 $2,254 $87,422 $12,702 $74,720
2017 $198 $88,264 $12,702 $75,562
2016 $201 $88,832 $12,702 $76,130
2015 $157 $82,905 $6,772 $76,133
2014 $157 $78,044 $6,773 $71,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $429,000 -- $275 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $713,590 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,197 Stand Alone Refi Refinance Of Original Loan
Previous Owner $69,000 No Value Available
Previous Owner $554,000 Purchase Money Mortgage
Source: Public Records

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Source: Brooklyn Board of REALTORS®

MLS Number: 489872

Brooklyn Board of REALTORS®

APN: 05423-1002