Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1138 OCEAN Avenue #4B
Closed For Sale Condo

$840,000

$678 per sq ft

1138 OCEAN Avenue #4B

Ditmas Park, Brooklyn

THE WATERFALLS

MLS® #RLS20012517

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

1,239

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,239 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $1,050/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Ditmas Park
Floor 4 of 7

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: None, Balcony
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 4 of 7
Exposure South,West
Cooling Other
Pets Yes
Living Area 1,239 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 05240/1077

Listing History

Event Date Price Change
Listed Mar 28, 2025 $850,000 -
Currently May 17, 2026 $840,000 -1.2%

Description

Spacious & Sunlit Flexible 3-Bedroom Condo in The Waterfalls Condominiums

Look no further-this home checks all the boxes! This expansive and flexible 3-bedroom, 2-bathroom condo (currently configured as a 2-bedroom with a home office) offers 1,200+ sq. ft. of thoughtfully designed living space in Brooklyn's luxury Waterfalls Condominiums.

Upon entering, you're welcomed by a gracious open layout, featuring a beautifully renovated kitchen to your left and a bright, oversized living area straight ahead. Sunlight floods through large patio sliding doors, leading to your private balcony-perfect for sipping coffee or unwinding with a glass of wine while enjoying serene tree-lined views.

The primary suite is a true retreat, easily fitting a king-sized bed with additional furniture, plus a spacious closet and an oversized ensuite bathroom. The second bedroom is equally inviting, filled with natural light. The third room (office/den/bedroom) is set apart from the main living areas, offering privacy and quiet-ideal for remote work or guests.

Designed for modern convenience, this home also features:
- Hardwood floors throughout
- In-unit full-sized washer/dryer
- Recessed lighting
- Abundant closet space
- Plenty of natural light

Luxury Living with Top-Tier Amenities

The Waterfalls Condominiums offers full-time doorman/concierge service, a windowed fitness center, a spacious furnished lounge for gatherings, and a beautifully landscaped outdoor space with a playground. Pets are welcome. Tax abatement in place until 2036.

Please note that there is an assessment of $265.78/month until 2038.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other

Exterior Features

Balcony Private Outdoor Space Under60 Sqft None Balcony

Building Amenities

Elevators

Building Information

Financial Details

Common Charges $1,050/mo
RE Taxes Contact for details
Original Price $850,000
Sale Price $840,000
Previous Price $850,000

Ditmas Park is a landmarked Brooklyn neighborhood recognized for its freestanding Victorian, Colonial Revival, Tudor, and Craftsman homes set back from the street with porches and landscaped yards. The B and Q trains serve the neighborhood at Cortelyou Road, Beverley Road, Newkirk Plaza, and Avenue H stations, and Prospect Park's 526 acres of green space sit just to the northwest. The historic district encompasses roughly 2,000 residential buildings dating from 1902 to 1914, making it one of the city's best-preserved collections of early 20th-century residential architecture.

Ditmas Park Live Market Data

View Neighborhood

Active Listings

27

Median Asking Price

$660K

Median $/Sqft

$700

Avg Days on Market

N/A

New This Week

1

Price Reduced

37%

Sold (30 Days)

0

Median Sale Price

$1.33M

Live data from RLS at REBNY • Updated 5/17/26, 6:01 AM EST

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Location

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1138 OCEAN Avenue #4B, Ditmas Park, Kings County

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
8
Floors
68
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $7,249,486
Land Value: $485,090
Exemptions: $7,147,552

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

Lot Area: 21,562 SF
Building Area: 87,233 SF
Built FAR: 4.05
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 $1,050 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,239 square feet. Verify dimensions independently during due diligence.

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 $840,000 for 1,239 sq ft, the asking price per square foot is approximately $678. 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: RLS20012517
First Listed: 3/28/2025
On Market: 3/28/2025
Price Changed: 7/31/2025
Closed: 7/30/2025
Contract Date: 3/28/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - L Chelsea Silvernell

Listing Contact: (212) 381-2538

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 5/17/2026 at 10:01 AM UTC

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