416 Ocean Ave #74
Co-op in Flatbush
In Contract
16
Map
$1,150,000
3
Beds
2
Baths
–
Half Bath
1,450
Ft²
$793
$/ft²
–
Acres
**FEEL FREE TO INQUIRE ABOUT THE 4.79% MORTGAGE RATE THIS BUILDING
QUALIFIES FOR** Welcome to 416 Ocean Ave Prospect Park Souths
premiere Cooperative building. This landmark was formerly known as
The Brace Bridge Hotel. The hotel where The Brooklyn Dodgers
occasionally stayed during their race to the pennant. Ideally
situated minutes from Prospect Park, and convenient to a host of
neighborhood amenities, which includes trendy shopping, fine
dining, and notable parks.
As for this stunning Classic Six home, Residence 74 has been comprehensively outfitted with a bevy of elegant upgrades. Upon entering the home you'll notice wide plank Oak flooring. The entry hallway has sleek built-ins which blend with the home's aesthetics...
As for this stunning Classic Six home, Residence 74 has been comprehensively outfitted with a bevy of elegant upgrades. Upon entering the home you'll notice wide plank Oak flooring. The entry hallway has sleek built-ins which blend with the home's aesthetics...
LISTING AGENT
Building Features
Facilities
Bike RoomStorage AvailableLaundry Room
Laundry
Washer / Dryer Allowed
Ownership & Occupancy
Pied-Ã -Terre Allowed
Building Style
Prewar
Home Features
Exposure
East Exposure
Price History
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$39,000ExpensesPer Year
$21,552Operating ProfitPer Year
$17,448 Cap rate
1.52%Price Estimate
$1,338,000$1,146,512$955,025
20222023202420252026
Current Asking Price
$1,150,000
HopScore Market Price
$1,146,512
The current asking price is $3,487.65 above the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| Sold | Coop | 3 | 2 | 1,400 ft² $696/ft² | $974,918 $1,266/mo |
| Sold | Coop | 3 | 2 | 1,450 ft² $828/ft² | $1,200,000 $1,151/mo |
| Sold | Coop | 3 | 2 | 1,500 ft² $833/ft² | $1,250,000 $973/mo |
| Sold | Coop | 3 | 1.5 | 1,450 ft² $759/ft² | $1,100,000 $957.60/mo |
| Sold | Coop | 3 | 2 | 1,350 ft² $911/ft² | $1,230,000 $957/mo |
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Building Info
416 Ocean Avenue416 Ocean Avenue, Brooklyn, NY 11226
- 90 Units
- 1 Unit for Sale
Neighborhood
About Flatbush
Inquire about this Property
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Contact a Mortgage expert now(646) 760-8588Sales History
| Unit | Beds | Baths | ft² | Asking Common Charges | Listed Listing Status | Closed Days on Market | Closing Above/Below Asking | Buyer(s) |
|---|---|---|---|---|---|---|---|---|
3 | 1 | 1,200 | $925,000 -/mo | Feb 24, 2023 Active | - | - - | - | |
2 | 1 | 1,100 | $625,000 -/mo | Dec 12, 2022 In Contract | - - | - - | - | |
3 | 2 | 1,450 | $1,195,000 -/mo | Dec 1, 2022 In Contract | - - | - - | - | |
2 | 1 | 950 | $725,000 -/mo | Aug 26, 2022 Withdrawn | - - | - - | - | |
1 | 1 | - | $495,000 -/mo | Aug 11, 2022 Sold | Mar 16, 2023 217 days | $449,000
-9.29%
| - | |
2 | 1 | 1,100 | - -/mo | Jul 27, 2022 In Contract | - - | - - | - | |
1 | – | - | $649,900 -/mo | Jul 20, 2022 Sold | Feb 1, 2023 196 days | $625,000
-3.83%
| - | |
1 | 1 | 1,200 | $850,000 -/mo | May 24, 2022 Expired | - - | - - | - | |
2 | 2 | 1,350 | $1,150,000 -/mo | Feb 13, 2022 Sold | May 9, 2022 85 days | $1,225,000
+6.52%
| ||
3 | 2 | 1,562 | $1,199,000 -/mo | Jul 10, 2021 Sold | May 5, 2022 299 days | $1,150,000
-4.09%
|
