Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
2518 Ocean Avenue #402

For Sale · Listing by Compass

2518 Ocean Avenue #402

Homecrest, Brooklyn

$524,000

Interested in this property?
Active For Sale Condo

$524,000

$834 per sq ft

2518 Ocean Avenue #402

Homecrest, Brooklyn

Ocean Tower

MLS® #RLS20105475

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, July 26 • 1:30 PM – 3:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

1
Bedroom
1
Bath
628
Sq. Ft.
2026
Year Built

Quick Summary

Bedrooms 1
Bathrooms 0
Living Area 628 sq ft
Lot Size 2,955.12 sq ft
Year Built 2026
Ownership Condo
HOA/Common Charges $487.68/mo
Property Taxes $9,203.16/yr
Parking Garage
Neighborhood Homecrest
Floor 4 of 9

Property Highlights

  • Exposure: West facing
  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 4 of 9
Exposure West
Heating Electric
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 2026
Living Area 628 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 2,955.12 sq ft
Parcel # 07324-0031
Block/Lot 07324/1011

Listing History

Event Date Price Change
Listed Jul 24, 2026 $524,000 -
Currently Jul 25, 2026 $524,000 -

Description

Bright & Modern 1 Bedroom at Ocean Tower | Open Layout, Samsung Kitchen Appliances Welcome to 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

His And Hers Closets Soaking Tub Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft

Building Amenities

Bike Storage Elevators Fitness Center

Building Information

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

Financial Details

Common Charges $487.68/mo
RE Taxes $9,203.16/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

10

Median Asking Price

$499K

Median $/Sqft

$828

Avg Days on Market

N/A

New This Week

2

Price Reduced

10%

Sold (30 Days)

1

Median Sale Price

$840K

Live data from RLS at REBNY • Updated 7/24/26, 8:11 PM EST

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Location

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2518 Ocean Avenue #402, 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 $487.68 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $9,203.16, 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $524,000 for 628 sq ft, the asking price per square foot is approximately $834. 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 milton@miltoncoste.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: RLS20105475
First Listed: 7/24/2026
On Market: 7/24/2026
Price Changed: 7/24/2026
Contract Date: 7/1/2026

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 7/25/2026 at 12:11 AM UTC

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Homecrest Market Update

1 sale last 30 days · $499K median · 10 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Homecrest Borough Brooklyn
County Kings
Floor 4 of 9
Year Built 2026
First Listed 7/24/2026
Parking Garage
Living Area 628 sqft
Common Charges $487.68/mo
Annual Tax $9,203.16

Monthly Costs Estimate

Down Payment 20%

$104,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $487.68
Est. Taxes $767
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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