350 Ocean Pkwy #LB

Co-op in Kensington
Active
 for Sale at 350 Ocean Parkway, Brooklyn, NY 11218

14

 for Sale at 350 Ocean Parkway, Brooklyn, NY 11218
 for Sale at 350 Ocean Parkway, Brooklyn, NY 11218
 for Sale at 350 Ocean Parkway, Brooklyn, NY 11218
$459,000
$21K (4.4%)
1
Bed
1
Bath
Half Bath
882
Ft²
$520
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
6.42%
Est. Monthly
$2,894
Spacious and Updated Junior 4, convertible to a 2 Bedroom for the price of a Studio!
Stylish, graceful and recently updated, this bright and cheery eastern facing apartment is move-in ready for the next lucky owner.  With over 800 square feet there is plenty of room to work from home, designate dining space, set up your Peloton and entertain guests.  There are a total of 7 windows in the apartment including 5 in the living and dining area.  The whole apartment was recently painted, new light fixtures were installed and there is a new bathroom vanity.  The kitchen has generous counter space, storage room and stainless steel appliances.  Many in this line have converted the dining space to a 2nd bedroom.  The bedroom...

Building Features

Parking

Garage Parking

Facilities

Bike RoomLaundry Room

Outdoor Space

GardenTerracePatio

Laundry

Washer / Dryer Allowed

Home Features

HVAC

Window Units

Exposure

South ExposureEast Exposure

Price History

Date/EventEventPrice
Jan 11, 2023 Price DecreasedPrice Decreased$459,000 $21K (4.4%)
Dec 6, 2022 Listed by CompassListed by Compass$480,000
May 28, 2015 SoldSold$350,000
Mar 4, 2015 Listed by Abacus PropertiesListed by Abacus Properties$329,000
Sep 16, 2014 Listed by Abacus PropertiesListed by Abacus Properties$329,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$37,128
ExpensesPer Year
$7,680
Operating ProfitPer Year
$29,448
Cap rate
6.42%

Price Estimate

$538,000$469,629$401,259
20222023202420252026
Current Asking Price

$459,000

HopScore Market Price

$469,629

The current asking price is $10,629.66 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Coop
1
1
900 ft²
$472/ft²
$425,000
$675/mo
Sold
Coop
1
1
850 ft²
$565/ft²
$480,000
$727/mo
Sold
Coop
1
1
789 ft²
$599/ft²
$472,500
$571/mo
Sold
Coop
1
1
930 ft²
$548/ft²
$510,000
$795/mo
Sold
Coop
1
1
1,002 ft²
$449/ft²
$450,000
$730/mo

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Building Info

The Glen Park350 Ocean Parkway, Brooklyn, NY 11218
  • 77 Units
  • 1 Unit for Sale
More about this Building
350 Ocean Parkway
Want to find out who owns 350 Ocean Parkway, Brooklyn, NY 11218? Get detailed property transactions here .

Neighborhood

About Kensington

Stats & Trends

The median asking price in Kensington is $749,999.50.
  • Median Asking

    $749,999.50
  • Sale Price/ft²

    $673.62
  • Below Asking

    0.02%
  • Days on Market

    104

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
1
1
882
$480,000
-/mo
Dec 6, 2022
Active
-
-
-
-
1
1
850
$535,000
-/mo
Sep 9, 2022
Withdrawn
-
-
-
-
-
2
1
900
$559,000
$739/mo
May 4, 2022
Sold
Sep 6, 2022
125 days
$557,000
-0.36%
2
1
1,000
$600,000
$641/mo
Mar 30, 2022
Sold
Jul 28, 2022
120 days
$625,000
+4.17%
2
1
-
$499,000
$678/mo
Sep 17, 2021
Sold
Nov 1, 2021
45 days
$483,500
-3.11%
1
1
-
$349,000
$634/mo
Nov 10, 2020
Sold
Apr 21, 2021
162 days
$352,000
+0.86%
1
1
721
$599,000
$587/mo
Jun 15, 2020
Sold
Oct 29, 2020
136 days
$560,000
-6.51%
3
1.5
1,100
$699,000
$940/mo
May 15, 2020
Sold
Feb 11, 2021
272 days
$630,000
-9.87%
2
1
900
$599,000
$670/mo
Mar 8, 2020
Sold
Oct 14, 2020
220 days
$615,000
+2.67%
1
1
850
$499,000
$727/mo
Mar 4, 2020
Sold
Jul 27, 2020
145 days
$480,000
-3.81%

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Unit #LB, 350 Ocean Parkway, Brooklyn, NY 11218


Frequently Asked Questions

What is the median home price in Central Brooklyn?
The median home price in Central Brooklyn is $749,000, or $589/sqft. When you buy a home in Central Brooklyn, you can expect to pay between $466,000 to $1,250,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Central Brooklyn?
The median home price for a studio in Central Brooklyn is $799,000, or $472/sqft.
What is the median home price for a One-Bedroom in Central Brooklyn?
The median home price for a one-bedroom home in Central Brooklyn is $432,450, or $701/sqft.
What is the median home price for a Two-Bedroom in Central Brooklyn?
The median home price for a two-bedroom home in Central Brooklyn is $622,000, or $655/sqft.
What is the median home price for a Three-Bedroom in Central Brooklyn?
The median home price for a three-bedroom home in Central Brooklyn is $750,000, or $616/sqft.
What is the median home price for a Four+ Bedroom in Central Brooklyn?
The median home price for a four+ bedroom home in Central Brooklyn is $1,335,000, or $513/sqft.
What is the breakdown of listings by bedroom count in Central Brooklyn?
There are currently 686 available properties for sale in Central Brooklyn. Of those, 12.39% are studio listings, 23.62% are one-bedroom listings, 20.41% are two-bedroom listings, 12.10% are three-bedroom listings, and 31.49% are four+ bedroom listings.
What is the breakdown of listings by property type in Central Brooklyn?
There are currently 191 condos, 77 houses, 127 townhouses, and 114 multifamilies located in Central Brooklyn. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Central Brooklyn?
The least expensive property sold in Central Brooklyn for $2,400.
Now, what is the most expensive property sold in the past 12 months in Central Brooklyn?
The most expensive property sold in Central Brooklyn for $55,000,000.
How long on average are properties in Central Brooklyn on the market?
Based on our collected data, properties in Central Brooklyn are on the market for a median time of 104 days.

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