new - 3 days on rocket

2503 Ocean Ave Unit 1A, Brooklyn, NY, 11229

$399,000

Home List Price

$4,738*

Closing Credit

1 Full Bath
477 SqFt
$836/SqFt
Condo

Location

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2503 Ocean Ave Unit 1A, Brooklyn$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built2019
CoolingCentral Air
FireplaceStove
MLS #488065
StatusActive

About 2503 Ocean Ave Unit 1A

Discover the pinnacle of contemporary living in our immaculate condominiums, nestled in the vibrant enclave of Sheepshead Bay, ideally situated near Ocean Avenue and Avenue U. Our studio residences offer state-of-the-art kitchens with sleek Steelwell appliances and exquisite solid wood flooring throughout. Expand your living space with a spacious recreation room, perfect for entertaining guests. Secure parking is available for purchase at additional cost, providing convenience and peace of mind. Embrace the ease of minutes away to the Q train station, as well as nearby shopping destinations, supermarkets, and more. Benefit from a unique 6-year real estate tax reimbursement, reducing current annual property taxes to $2715. Seize this unparalleled opportunity—schedule your viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 2019
  • Living Area: 477 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Stove
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Parking: Other

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $836/SqFt
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

2503 Ocean Ave Unit 1A vs Brooklyn

3 DAYS ON ROCKET

-108 Days

$399,000

-$580.9K Less

$836/SqFt

+$134 More

KEY TAKEAWAY

This property is $580.9K less than the Median Sold Price and $134/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488065

Listing Office:

  • Office Name: RE/MAX Edge

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4328571
6
/10
  • P.S. 255 Barbara Reing School

  • 1866 E 17th St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4328572
6
/10
  • P.S. 153 Homecrest

  • 1970 Homecrest Ave

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-4328573
8
/10
  • P.S. 254 Dag Hammarskjold School

  • 1801 Avenue Y

  • 0.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,392. The majority of Brooklyn, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2503 Ocean Ave Unit 1A

What is the listing price of this property?

The listing price of 2503 Ocean Ave Unit 1A property is $399,000.

What type of property is this?

The property 2503 Ocean Ave Unit 1A is a condo located in Brooklyn, New York, 11229.

Is this property for sale now?

Active Listing: 2503 Ocean Ave Unit 1A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2503 Ocean Ave Unit 1A has 1 bathroom..

What is the square footage of this property?

The property 2503 Ocean Ave Unit 1A is 477 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2503 Ocean Ave Unit 1A is 2019.

Rocket Homes›New York›Kings County›Brooklyn›11229›2503 Ocean Ave Unit 1A

This home is located at 2503 Ocean Ave Unit 1A in Brooklyn, NY and zip code 11229 in the Madison neighborhood. This 477 square foot home was built in 2019. Features: 1 bathroom. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $399,000.

Brooklyn, NY housing market in November 2024 saw over 28 listings sold above listed price, more than 196 sold at listed price and over 161 sold below. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. In November 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $979,913.

From Rocket Homes Real Estate and based on county public records data.

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