$860,000
●
Co-op -
Off Market
416 Ocean Avenue #76
Brooklyn, NY 11226
2 Beds
1 Bath
1071 Sqft
$5,540
Est. Monthly
$1,317
HOA / Fees
2.99%
Cap Rate
About This Property
Introducing Residence No. 76 at 416 Ocean Ave, a sun-drenched haven
of luxury. Originally configured as a 2-bedroom gem, this residence
has undergone a transformation into a sprawling one-bedroom
masterpiece, redefining opulent living.
Step inside to discover original, meticulously detailed wood floors that grace the vast living room, dining area, and bedroom, creating an expansive and inviting space for both entertainment and relaxation. The gourmet kitchen is a testament to exquisite taste, featuring stunning quality finishes that seamlessly blend style with functionality. The tastefully redone bathroom exudes modern elegance and timeless charm.
Conveniently located across from the B & Q train, this prime address ensures swift access to the 7th Avenue station in Park Slope in just two stops and Manhattan in a mere 25 minutes. Explore the lush tranquility of Prospect Park, a mere two blocks away, providing a verdant sanctuary with tennis courts and soccer fields at Parade Ground.
The building includes the practicality of a live-in super and a part-time doorman. Residence No. 76 at 416 Ocean Ave transcends the definition of a home, it's a statement of lavish living and unparalleled convenience. Welcome to a home where every detail has been thoughtfully curated to exceed expectations and redefine the art of living.
Step inside to discover original, meticulously detailed wood floors that grace the vast living room, dining area, and bedroom, creating an expansive and inviting space for both entertainment and relaxation. The gourmet kitchen is a testament to exquisite taste, featuring stunning quality finishes that seamlessly blend style with functionality. The tastefully redone bathroom exudes modern elegance and timeless charm.
Conveniently located across from the B & Q train, this prime address ensures swift access to the 7th Avenue station in Park Slope in just two stops and Manhattan in a mere 25 minutes. Explore the lush tranquility of Prospect Park, a mere two blocks away, providing a verdant sanctuary with tennis courts and soccer fields at Parade Ground.
The building includes the practicality of a live-in super and a part-time doorman. Residence No. 76 at 416 Ocean Ave transcends the definition of a home, it's a statement of lavish living and unparalleled convenience. Welcome to a home where every detail has been thoughtfully curated to exceed expectations and redefine the art of living.
Unit Size
1,071Ft²
Days on Market
312 days
Land Size
-
Price per sqft
$803
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,317
Year Built
1924
Payment Calculator
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
You can learn more about cap rate here .
Last updated: 3 months ago (RLS #COMP-1445844384586295425)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | $860,000 | |
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Price Decreased |
$875,000
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Feb 8, 2024 | Relisted | $899,888 | |
| Relisted | |||
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Doorman
Elevator
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Interior Features: Wet Bar, Breakfast Bar, Crown Molding, High Ceilings, Recessed Lighting, Sound System, Bar, Walk In Closets
Appliances: Cooktop, Dishwasher, Refrigerator, Stainless Steel Appliances, Wine Cooler
Living Area: 1071
Laundry Features: Building Washer Dryer Install Allowed, Common Area
Rooms: 5
Exterior Details
Year Built: 1924
Window Features: Double Pane Windows, Window Treatments
Pets Allowed: Building Yes, Cats Ok, Dogs Ok
Lot Size Dimensions: 150.000000x110.000000
Tax Lot: 0040
Tax Block: 05061
Location Details
Subdivision Name: Prospect Park South
Stories Total: 9
Association Fee: $1,317
Association Fee Frequency: Monthly
416 Ocean Avenue #76, Brooklyn, NY, 11226
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
2
Beds
2
Baths
1,010 ft²
$890/ft²
$899,000
Oct 13, 2022
$899,000
Mar 7, 2023
$849/mo
Sold
Condo
2
Beds
2
Baths
1,030 ft²
$801/ft²
$825,000
Apr 22, 2014
-
Feb 5, 2021
$504/mo
Sold
Condo
2
Beds
2
Baths
923 ft²
$807/ft²
$745,000
Aug 12, 2020
$745,000
Dec 1, 2020
$537/mo
Condo
2
Beds
2
Baths
900 ft²
$1,056/ft²
$950,000
Mar 25, 2021
$950,000
Jun 10, 2022
$654/mo
Sold
Condo
2
Beds
2
Baths
800 ft²
$894/ft²
$715,000
May 29, 2020
$715,000
Sep 30, 2020
$605/mo
Sold
Condo
2
Beds
2
Baths
1,580 ft²
$620/ft²
$980,000
Nov 8, 2023
$980,000
Jun 18, 2024
$1,359/mo
Active
Condo
2
Beds
2
Baths
1,140 ft²
$746/ft²
$850,000
Sep 25, 2024
-
$1,657/mo
In Contract
Condo
2
Beds
2
Baths
1,183 ft²
$759/ft²
$897,500
Sep 15, 2024
-
$1,607/mo
Active
Condo
2
Beds
2
Baths
925 ft²
$865/ft²
$800,000
Jun 17, 2024
-
$1,908/mo
In Contract
Co-op
2
Beds
2
Baths
1,117 ft²
$891/ft²
$995,000
Sep 3, 2024
-
$1,207/mo
Active
Condo
2
Beds
2
Baths
979 ft²
$792/ft²
$775,000
Jun 14, 2024
-
$1,265/mo
In Contract
Condo
2
Beds
2
Baths
955 ft²
$1,046/ft²
$999,000
Mar 12, 2024
-
$1,204/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/18/2024
|
2 Bed
|
1 Bath
|
-
|
$849,000
2 Bed
1 Bath
|
$805,000
-5.18%
10/08/2024
|
-
|
Nicholas Oliver
Modern Spaces, LLC
| |
|
03/11/2024
|
2 Bed
|
1 Bath
|
950 ft²
|
$730,000
2 Bed
1 Bath
950 ft²
|
$705,000
-3.42%
08/29/2024
|
-
|
Terrence Harding
The Corcoran Group
| |
|
11/17/2023
|
2 Bed
|
1 Bath
|
1071 ft²
|
$925,000
2 Bed
1 Bath
1071 ft²
|
$860,000
-7.03%
09/23/2024
|
-
|
Terrence Harding
The Corcoran Group
| |
|
08/22/2023
|
3 Bed
|
2 Bath
|
1450 ft²
|
$985,000
3 Bed
2 Bath
1450 ft²
|
$970,000
-1.52%
03/07/2024
|
-
|
Terrence Harding
The Corcoran Group
| |
|
04/19/2023
|
2 Bed
|
1 Bath
|
1077 ft²
|
$750,000
2 Bed
1 Bath
1077 ft²
|
$800,000
+6.67%
08/30/2023
|
Soranlly Adames-Lopez
Douglas Elliman Real Estate
| ||
|
02/15/2023
|
3 Bed
|
1 Bath
|
1200 ft²
|
$835,000
3 Bed
1 Bath
1200 ft²
|
$835,000
10/31/2023
|
Terrence Harding
Compass
| ||
|
12/12/2022
|
2 Bed
|
1 Bath
|
1100 ft²
|
$625,000
2 Bed
1 Bath
1100 ft²
|
$625,000
04/21/2023
|
-
|
Terrence Harding
The Corcoran Group
| |
|
12/01/2022
|
3 Bed
|
2 Bath
|
1450 ft²
|
$1,195,000
3 Bed
2 Bath
1450 ft²
|
$1,100,000
-7.95%
06/20/2023
|
Terrence Harding
Compass
| ||
|
08/11/2022
|
1 Bed
|
1 Bath
|
-
|
$495,000
1 Bed
1 Bath
|
$449,000
-9.29%
03/13/2023
|
Grant Braswell
Compass
| ||
|
07/27/2022
|
2 Bed
|
1 Bath
|
1100 ft²
|
$555,000
2 Bed
1 Bath
1100 ft²
|
$555,000
11/06/2023
|
-
|
Terrence Harding
The Corcoran Group
| |
|
07/20/2022
|
1 Bed
|
-
|
-
|
$649,900
1 Bed
-
|
$625,000
-3.83%
02/01/2023
|
Chris Manna
William Raveis New York City LLC
| ||
|
02/10/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,150,000
2 Bed
2 Bath
1350 ft²
|
$1,225,000
+6.52%
05/09/2022
|
Terrence Harding
Compass
| ||
|
07/10/2021
|
3 Bed
|
2 Bath
|
1562 ft²
|
$1,199,000
3 Bed
2 Bath
1562 ft²
|
$1,150,000
-4.09%
05/05/2022
|
Vladimir Levitan
RE/MAX Edge
| ||
|
07/10/2021
|
2 Bed
|
1 Bath
|
1050 ft²
|
$927,000
2 Bed
1 Bath
1050 ft²
|
$770,000
-16.94%
01/19/2022
|
Steve Kazoleas
Compass
| ||
|
04/16/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$545,000
1 Bed
1 Bath
750 ft²
|
$545,000
07/27/2021
|
Nadiya Hrytchuk
The Agency Brokerage
| ||
|
03/06/2021
|
2 Bed
|
1 Bath
|
950 ft²
|
$650,000
2 Bed
1 Bath
950 ft²
|
$675,000
+3.85%
09/15/2021
|
Terrence Harding
Compass
| ||
|
03/02/2021
|
2 Bed
|
1 Bath
|
-
|
$899,000
2 Bed
1 Bath
|
$959,500
+6.73%
08/10/2021
|
Tracey McLean
Corcoran Group
| ||
|
11/24/2020
|
2 Bed
|
1 Bath
|
-
|
$750,000
2 Bed
1 Bath
|
$725,000
-3.33%
06/14/2021
|
Terrence Harding
Compass
| ||
|
10/30/2020
|
5 Bed
|
4 Bath
|
2450 ft²
|
$1,600,000
5 Bed
4 Bath
2450 ft²
|
$1,320,000
-17.50%
07/12/2021
|
Terrence Harding
Compass
| ||
|
10/23/2020
|
2 Bed
|
1 Bath
|
-
|
$625,000
2 Bed
1 Bath
|
$625,000
10/29/2020
|
-
|
Terrence Harding
The Corcoran Group
| |
|
08/18/2020
|
2 Bed
|
1 Bath
|
1250 ft²
|
$1,085,000
2 Bed
1 Bath
1250 ft²
|
$950,000
-12.44%
03/31/2021
|
Terrence Harding
Compass
| ||
|
09/08/2019
|
3 Bed
|
1 Bath
|
-
|
$850,000
3 Bed
1 Bath
|
$900,000
+5.88%
01/02/2020
|
-
|
Terrence Harding
The Corcoran Group
| |
|
08/06/2019
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
$450,000
-12.62%
03/09/2020
|
Terrence Harding
Compass
| ||
|
05/01/2019
|
3 Bed
|
2 Bath
|
1450 ft²
|
$995,000
3 Bed
2 Bath
1450 ft²
|
$1,100,000
+10.55%
08/20/2019
|
Steve Sallion
Daniel Gale Sotheby's International Realty
| ||
|
03/08/2019
|
2 Bed
|
1 Bath
|
1252 ft²
|
$850,000
2 Bed
1 Bath
1252 ft²
|
$850,000
05/17/2019
|
-
|
Terrence Harding
The Corcoran Group
| |
|
02/20/2019
|
3 Bed
|
2 Bath
|
1350 ft²
|
$1,295,000
3 Bed
2 Bath
1350 ft²
|
$1,230,000
-5.02%
05/21/2019
|
Terrence Harding
Compass
| ||
|
02/11/2019
|
2 Bed
|
1 Bath
|
-
|
$850,000
2 Bed
1 Bath
|
$620,000
-27.06%
12/06/2019
|
Terrence Harding
Compass
| ||
|
08/17/2018
|
3 Bed
|
2 Bath
|
1350 ft²
|
$1,200,000
3 Bed
2 Bath
1350 ft²
|
$1,195,000
-0.42%
11/04/2019
|
-
|
Terrence Harding
The Corcoran Group
| |
|
07/11/2018
|
4 Bed
|
2 Bath
|
2000 ft²
|
$1,525,000
4 Bed
2 Bath
2000 ft²
|
$1,075,000
-29.51%
05/03/2019
|
Terrence Harding
Compass
| ||
|
05/30/2018
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
|
07/30/2017
| |
2 Bed
|
1 Bath
|
925 ft²
|
-
2 Bed
1 Bath
925 ft²
|
-
-
|
-
|
-
|
|
05/18/2017
|
2 Bed
|
1 Bath
|
925 ft²
|
$550,000
2 Bed
1 Bath
925 ft²
|
$555,000
+0.91%
12/15/2017
|
Terrence Harding
Compass
| ||
|
02/23/2017
|
2 Bed
|
1 Bath
|
1050 ft²
|
$725,000
2 Bed
1 Bath
1050 ft²
|
$725,000
06/12/2017
|
Terrence Harding
Compass
| ||
|
05/27/2016
|
3 Bed
|
1 Bath
|
1250 ft²
|
$825,000
3 Bed
1 Bath
1250 ft²
|
$815,000
-1.21%
09/08/2016
|
Terrence Harding
Compass
| ||
|
03/03/2016
|
2 Bed
|
1 Bath
|
1150 ft²
|
$685,000
2 Bed
1 Bath
1150 ft²
|
$692,500
+1.09%
07/26/2016
|
Terrence Harding
Compass
| ||
|
01/11/2016
|
2 Bed
|
1 Bath
|
950 ft²
|
$475,000
2 Bed
1 Bath
950 ft²
|
$445,000
-6.32%
04/25/2016
|
Terrence Harding
Compass
| ||
|
08/13/2015
|
3 Bed
|
2 Bath
|
1350 ft²
|
$700,000
3 Bed
2 Bath
1350 ft²
|
$800,000
+14.29%
11/24/2015
|
Terrence Harding
Compass
| ||
|
10/30/2014
|
1 Bed
|
1 Bath
|
-
|
$415,000
1 Bed
1 Bath
|
$374,000
-9.88%
03/19/2015
|
Din Giddings
Compass
| ||
|
08/26/2013
| |
1 Bed
|
1 Bath
|
-
|
$175,000
1 Bed
1 Bath
|
$175,000
02/14/2014
|
-
|
Milton L. Turner
Amiable Realty Group I
|
|
06/05/2008
|
2 Bed
|
1 Bath
|
-
|
$475,000
2 Bed
1 Bath
|
$365,000
-23.16%
04/28/2009
|
Sofia Dmitriyeva
Brown Harris Stevens Residential Sales LLC
| ||
|
02/08/2008
|
3 Bed
|
2 Bath
|
-
|
$649,000
3 Bed
2 Bath
|
$575,000
-11.40%
05/05/2008
|
Sofia Dmitriyeva
Brown Harris Stevens Residential Sales LLC
| ||
|
01/22/2008
|
3 Bed
|
2 Bath
|
-
|
$649,000
3 Bed
2 Bath
|
$555,000
-14.48%
05/08/2008
|
Sofia Dmitriyeva
Brown Harris Stevens Residential Sales LLC
|
Building Info
416 Ocean Avenue
416 Ocean Avenue, Brooklyn, NY 11226
- 90 Units
- 2 Units for Sale
About Central Brooklyn
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Nearby Rentals
Listed by: Terrence Harding
Listing Courtesy of Compass
Last Updated: 3 months ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 3 months ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
