Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
2518 Ocean Avenue #302
Interested in this property?
Active For Sale Condo

$519,000

$826 per sq ft

2518 Ocean Avenue #302

Homecrest, Brooklyn

Ocean Tower

MLS® #RLS20075491

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

628

Sq. Ft.

2026

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 628 sq ft
Year Built 2026
Ownership Condo
HOA/Common Charges $488/mo
Property Taxes $9,204/yr
Parking Garage
Neighborhood Homecrest
Floor 3 of 9

Property Highlights

  • Outdoor Space: Balcony
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3 of 9
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2026
Living Area 628 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Furnished Unfurnished
Parcel # 07324-0031
Block/Lot 07324/0031

Listing History

Event Date Price Change
Listed Mar 6, 2026 $519,000 -
Currently May 4, 2026 $519,000 -

Description

Bright & Modern 1 Bedroom at Ocean Tower | Open Layout, Samsung Kitchen Appliances, Private Balcony Welcome to Residence 302 at Ocean Tower, a beautifully crafted 1-bedroom,1 bathroom home designed to balance contemporary style with everyday comfort. This sun-filled residence features a private balcony, wide-plank hardwood floors, and an open-concept layout that maximizes space, light, and flow—ideal for both relaxing and entertaining. The living and dining area connects seamlessly to a sleek chef’s kitchen outfitted with Samsung stainless steel appliances, modern cabinetry, and quartz countertops, offering both function and refined design. Expansive windows flood the space with natural light, while generous closet space keeps everything effortlessly organized. The spa-inspired bathroom is finished with clean, modern fixtures and a deep soaking tub—your own private retreat after a long day. Ocean Tower is a brand-new boutique condominium offering an elevated lifestyle in the heart of Sheepshead Bay. Residents enjoy private balconies, a landscaped rooftop terrace with open city views, an on-site fitness center, and the rare convenience of on-site parking—an exceptional find in Brooklyn. Perfectly positioned near the iconic Emmons Avenue waterfront, the building is moments from Shore Boulevard Promenade, neighborhood marinas, and beloved local favorites including seafood restaurants, cafés, and shops. Transportation is effortless with nearby access to the Avenue U (Q) and Sheepshead Bay (B/Q) subway stations, multiple bus lines, and quick connections to the Belt Parkway for easy city access.

Features & Amenities

Interior Features

Common On Floor Common Area In Unit

Exterior Features

Balcony Building Roof Deck Private Outdoor Space Over60 Sqft Balcony

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Building Ocean Tower
Building Data View Compliance & Permits
Total Units 30
Stories 9
Structure HighRise

Financial Details

Common Charges $488/mo
RE Taxes $9,204/yr ($767/mo)

Homecrest features a mix of low-rise co-ops, pre-war apartment buildings, and mixed-use residential structures. The area is served by subway lines and bordered by local parks and large institutional landmarks. Residents utilize wide avenues providing ample streetscape visibility throughout the NYC neighborhood.

Homecrest Live Market Data

View Neighborhood

Active Listings

13

Median Asking Price

$519K

Median $/Sqft

$811

Avg Days on Market

N/A

New This Week

1

Price Reduced

31%

Sold (30 Days)

0

Median Sale Price

$623K

Live data from RLS at REBNY • Updated 5/3/26, 10:28 PM EST

Similar Listings in Homecrest

View All

Location

Loading map...

2518 Ocean Avenue #302, Homecrest, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2024
Year Built
2 years old
9
Floors
30
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,629,450
Land Value: $254,250
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,911 SF
Building Area: 30,143 SF
Built FAR: 5.1
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $488 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $9,204, or roughly $767 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 628 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2026, making it approximately 0 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $519,000 for 628 sq ft, the asking price per square foot is approximately $826. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20075491
First Listed: 3/6/2026
On Market: 3/6/2026
Price Changed: 3/6/2026
Contract Date: 3/1/2026

Listing Courtesy of Compass - EUGENE LITVAK

Listing Contact: (347) 254-5606

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:28 AM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email