Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1401 Ocean Avenue #16B

For Sale · Listing by Corcoran Group

1401 Ocean Avenue #16B

Midwood, Brooklyn

$450,000

Interested in this property?
Active For Sale • Co-op

$450,000

1401 Ocean Avenue #16B

Midwood, Brooklyn

The Premier House

MLS® #RLS20113906

RLS at REBNY

Listing by Corcoran Group

1
Bedroom
1
Bath
N/A
Sq. Ft.
1963
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 43,470 sq ft
Year Built 1963
Ownership Co-op
Maintenance $1,079/mo
Neighborhood Midwood
Floor 16 of 16

Property Highlights

  • Views: Bridges, Skyline

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 16 of 16
View Bridges, Skyline
Pets CatsOk
Year Built 1963
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 43,470 sq ft
Parcel # 07584-0035-01401-000-000016B
Block/Lot 07584/0035

Listing History

Event Date Price Change
Listed Sep 24, 2026 $450,000 -
Currently Sep 24, 2026 $450,000 -

Description

Welcome to Residence 16B at 1401 Ocean Avenue, an exceptionally spacious one-bedroom, one-bathroom home offering generous proportions, outstanding custom storage, and more than 150 square feet of private outdoor space. The oversized private balcony is perched above the surrounding neighborhood and enjoys sweeping views stretching to the Verrazzano-Narrows Bridge and the Downtown Manhattan skyline, creating an impressive backdrop from morning through evening. Inside, the residence opens into an expansive living room with plenty of room for both comfortable seating and a dedicated dining area. Just beyond, the private balcony creates a true extension of the living space and a wonderful setting for morning coffee, outdoor dining, or simply unwinding at the end of the day. The king-sized bedroom is equally impressive in scale, offering plenty of room to create a comfortable retreat. One of the home's greatest highlights is its exceptional storage, with a total of seven custom-built closets thoughtfully positioned throughout the apartment. Three closets are located within the bedroom alone, while a dedicated coat and shoe closet conveniently greets you upon entry and a separate linen closet provides additional organization. With a place for everything, storage is truly abundant throughout this home. Premier House is one of Midwood's most well maintained, close knit communities, offering an impressive collection of amenities. Residents are welcomed through a beautifully maintained lobby and foyer, complete with a community lending library where neighbors can leave, exchange, and enjoy books. A 24 hour doorman and live-in superintendent provide added convenience, while a large, windowed, card operated laundry room makes everyday living easy. Parking is also available for $200/m (currently there is a waitlist). Outdoor amenities are a standout at Premier House. The expansive rear courtyard offers a playground, basketball court, and tables and chairs for residents to gather, relax, and enjoy the outdoors. Above it all, the rooftop becomes a summertime destination of its own with a large heated swimming pool surrounded by lounge chairs for sunbathing, separate men's and women's shower and changing facilities, and lifeguard service during operating hours. Ideally situated in Midwood, 1401 Ocean Avenue offers convenient access to neighborhood restaurants, cafés, shopping, and everyday essentials, with additional dining and entertainment options throughout nearby Ditmas Park. Transportation is easily accessible via the B and Q trains at Avenue J and Avenue H, the 2 and 5 trains at Flatbush Avenue–Brooklyn College, as well as the B49, B6, and B11 bus lines, providing convenient connections throughout Brooklyn and into Manhattan. Subletting is permitted with board approval after two years of ownership. Sorry, no pets permitted. Cats upon board approval. Please note there is a monthly assessment of $124.74 through December 2026.

Features & Amenities

Interior Features

Built In Features Common On Floor Common Area Laundry Room Flooring: Hardwood

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Elevators

Building Information

Financial Details

Maintenance $1,079/mo

Midwood, in Brooklyn, features the Fiske Terrace-Midwood Park Historic District, preserving over 250 early 20th-century homes. Architecture showcases Colonial Revival, Queen Anne, and Craftsman styles across the residential streets. This area is served by major transit lines and is anchored by mature, tree-lined park space.

Midwood Live Market Data

View Neighborhood

Active Listings

32

Median Asking Price

$487K

Median $/Sqft

$543

Avg Days on Market

N/A

New This Week

3

Price Reduced

22%

Sold (30 Days)

5

Median Sale Price

$489K

Live data from RLS at REBNY • Updated 9/24/26, 6:53 PM EST

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Location

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1401 Ocean Avenue #16B, Midwood, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
16
Floors
184
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $8,877,600
Land Value: $504,000
Exemptions: $164,763

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

Lot Area: 43,421 SF
Building Area: 225,500 SF
Built FAR: 5.19
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 monthly maintenance are $1,079 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1963, making it approximately 63 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Cats Allowed,Building Pets Allowed Comments:No Dogs. Contact Milton Coste for weight limits or breed restrictions.

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: RLS20113906
First Listed: 9/9/2026
On Market: 9/24/2026
Contract Date: 9/1/2026

Listing Courtesy of Corcoran Group - Yvonnie Gutierrez

Listing Contact: (951) 347-1164

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 9/24/2026 at 10:53 PM UTC

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Midwood Market Update

5 sales last 30 days · $487K median · 6.4 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Midwood Borough Brooklyn
County Kings
Floor 16 of 16
Year Built 1963
First Listed 9/9/2026
Maintenance $1,079/mo

Monthly Costs Estimate

Down Payment 20%

$90,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,079
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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