2222 Ocean Avenue #PHE
About This Property
This beautiful 3 BED/ 2 BATH condo welcomes you home with its open kitchen/dining/living room floor plan. The living area boasts large western exposures with sliding glass doors leading to your private balcony.
The expansive 125 Sq Ft balcony can be accessed from the living room, giving added privacy to the bedrooms. Your mint new kitchen is equipped with appliances, modern design elements, and a breakfast bar. This apartment features high quality Italian porcelain floors, with hard wood floors in the bedrooms. Elegant white and silver light fixtures add a touch of class to this space.
The first bedroom has a western exposure and a moderate closet space. The first full bathroom features a crisp white marble design and a large tub. Find the second bedroom at the end of the hall with a north exposure and generous closet space. The master bedroom features abundant closet space, large north facing windows, an a beautiful master bath. A large shower/tub, two sinks, and storage space beautifully compliments the monochromatic white luxurious design elements of the master bathroom.
On top of the 15-year tax abatement, homeowners in this building can enjoy exclusive amenities such as a super, resident lounge, luxury fitness center & kids play room. Limited assigned parking is also available for sale.
South Brooklyn's neighborhood of Madison is rapidly growing and provides convenient transportation to Manhattan with the B & Q train. Take the B or Q in the opposite direction for fast access to South Brooklyn's beaches. Enjoy the laid back feel of living in a town where others dream to vacation. Madison is known for its many shops along Kings Highway and offers a neighborhood hospital, post office, banks, playgrounds, and more!
Please contact us by phone so we can provide you with our showing agent's cell number for a VIRTUAL TOUR & VIDEO**
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD19-0035.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Aug 10, 2021 | In contract | - | |
| In contract | |||
| May 5, 2021 | In contract | - | |
| In contract | |||
| Oct 15, 2020 | Listed by THE LION REAL ESTATE | $870,000 | |
| Listed by THE LION REAL ESTATE | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2023
|
Studio
|
1 Bath
|
430 ft²
|
$410,000
Studio
1 Bath
430 ft²
|
$410,000
10/31/2023
|
Avi Malul
Keller Williams Realty Empire
| |
|
03/21/2022
|
Studio
|
1 Bath
|
436 ft²
|
$395,000
Studio
1 Bath
436 ft²
|
$388,362
-1.68%
06/13/2022
|
Avi Malol
THE LION REAL ESTATE
| |
|
03/06/2022
|
Studio
|
1 Bath
|
440 ft²
|
$382,278
Studio
1 Bath
440 ft²
|
$382,278
05/19/2022
|
Avi Malul
Keller Williams Realty Empire
| |
|
03/02/2022
|
Studio
|
1 Bath
|
494 ft²
|
$387,000
Studio
1 Bath
494 ft²
|
$387,000
03/31/2022
|
Avi Malul
Keller Williams Realty Empire
| |
|
01/05/2022
|
1 Bed
|
1 Bath
|
-
|
$632,130
1 Bed
1 Bath
|
$670,800
+6.12%
04/27/2022
|
Avi Malul
Keller Williams Realty Empire
| |
|
12/28/2021
|
2 Bed
|
2 Bath
|
995 ft²
|
$859,000
2 Bed
2 Bath
995 ft²
|
$885,878
+3.13%
02/07/2022
|
Avi Malol
Elliman
| |
|
11/24/2021
|
Studio
|
1 Bath
|
-
|
$370,000
Studio
1 Bath
|
$375,180
+1.40%
03/18/2022
|
AVI MALUL
The Lion Real Estate
| |
|
10/27/2021
|
1 Bed
|
1 Bath
|
552 ft²
|
$512,900
1 Bed
1 Bath
552 ft²
|
$515,000
+0.41%
10/26/2021
|
Avi Malul
Keller Williams Realty Empire
| |
|
09/13/2021
|
1 Bed
|
1 Bath
|
804 ft²
|
$645,000
1 Bed
1 Bath
804 ft²
|
$635,000
-1.55%
08/13/2021
|
Avi Malul
Keller Williams Realty Empire
| |
|
08/10/2021
|
1 Bed
|
1 Bath
|
545 ft²
|
$450,000
1 Bed
1 Bath
545 ft²
|
$450,000
08/10/2021
|
Avi Malol
Elliman
| |
|
06/29/2021
|
Studio
|
1 Bath
|
436 ft²
|
$390,000
Studio
1 Bath
436 ft²
|
$390,000
03/18/2022
|
Avi Malul
Keller Williams Realty Empire
| |
|
06/29/2021
|
2 Bed
|
2 Bath
|
995 ft²
|
$833,700
2 Bed
2 Bath
995 ft²
|
$825,000
-1.04%
11/23/2021
|
AVI MALOL
THE LION REAL ESTATE
| |
|
06/10/2021
|
Studio
|
1 Bath
|
440 ft²
|
$399,000
Studio
1 Bath
440 ft²
|
$390,000
-2.26%
10/26/2021
|
Avi Malol
Elliman
| |
|
03/18/2021
|
2 Bed
|
1 Bath
|
804 ft²
|
$612,400
2 Bed
1 Bath
804 ft²
|
$580,000
-5.29%
10/19/2021
|
AVI MALOL
THE LION REAL ESTATE
| |
|
03/18/2021
|
1 Bed
|
1 Bath
|
680 ft²
|
$557,000
1 Bed
1 Bath
680 ft²
|
$557,000
08/12/2021
|
Avi Malul
Keller Williams Realty Empire
| |
|
01/25/2021
|
2 Bed
|
2 Bath
|
995 ft²
|
$770,000
2 Bed
2 Bath
995 ft²
|
$770,000
11/16/2021
|
Avi Malul
Keller Williams Realty Empire
| |
|
01/21/2021
|
2 Bed
|
2 Bath
|
1193 ft²
|
$825,000
2 Bed
2 Bath
1193 ft²
|
$825,000
07/12/2022
|
Avi Malul
Keller Williams Realty Empire
| |
|
01/20/2021
|
1 Bed
|
1 Bath
|
545 ft²
|
$515,900
1 Bed
1 Bath
545 ft²
|
$370,000
-28.28%
03/07/2022
|
Avi Malol
Elliman
| |
|
01/19/2021
|
3 Bed
|
2 Bath
|
1088 ft²
|
$850,000
3 Bed
2 Bath
1088 ft²
|
$850,000
08/26/2021
|
Avi Malul
Keller Williams Realty Empire
| |
|
01/07/2021
|
2 Bed
|
2 Bath
|
1111 ft²
|
$878,000
2 Bed
2 Bath
1111 ft²
|
$878,000
08/25/2021
|
AVI MALUL
The Lion Real Estate
| |
|
12/12/2020
|
2 Bed
|
2 Bath
|
1193 ft²
|
$808,000
2 Bed
2 Bath
1193 ft²
|
$808,000
08/19/2021
|
AVI MALUL
The Lion Real Estate
| |
|
12/12/2020
|
2 Bed
|
2 Bath
|
995 ft²
|
$805,000
2 Bed
2 Bath
995 ft²
|
$800,000
-0.62%
04/07/2022
|
Avi Malul
Keller Williams Realty Empire
| |
|
10/15/2020
|
1 Bed
|
1 Bath
|
680 ft²
|
$580,000
1 Bed
1 Bath
680 ft²
|
$555,000
-4.31%
08/19/2021
|
Avi Malol
Elliman
| |
|
10/15/2020
|
Studio
|
1 Bath
|
440 ft²
|
$393,000
Studio
1 Bath
440 ft²
|
$375,000
-4.58%
09/18/2021
|
Avi Malol
Elliman
| |
|
10/15/2020
|
2 Bed
|
2 Bath
|
995 ft²
|
$775,000
2 Bed
2 Bath
995 ft²
|
$800,000
+3.23%
11/18/2021
|
Avi Malul
Keller Williams Realty Empire
| |
|
10/15/2020
|
3 Bed
|
2 Bath
|
1081 ft²
|
$870,000
3 Bed
2 Bath
1081 ft²
|
$890,000
+2.30%
08/12/2021
|
Avi Malol
THE LION REAL ESTATE
| |
|
08/31/2020
|
1 Bed
|
1 Bath
|
804 ft²
|
$651,680
1 Bed
1 Bath
804 ft²
|
$635,000
-2.56%
02/22/2022
|
Avi Malul
Keller Williams Realty Empire
| |
|
08/31/2020
|
2 Bed
|
2 Bath
|
1111 ft²
|
$855,000
2 Bed
2 Bath
1111 ft²
|
$855,000
08/24/2021
|
Avi Malul
Keller Williams Realty Empire
| |
|
03/04/2020
|
2 Bed
|
2 Bath
|
1120 ft²
|
$950,000
2 Bed
2 Bath
1120 ft²
|
$985,000
+3.68%
10/26/2021
|
Avi Malol
Elliman
| |
|
03/04/2020
|
2 Bed
|
2 Bath
|
1120 ft²
|
$950,000
2 Bed
2 Bath
1120 ft²
|
$985,000
+3.68%
10/26/2021
|
Avi Malul
Keller Williams Realty Empire
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017