Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $718,000

· Closed November 17, 2016

3041 Ocean Avenue #5D
Closed For Sale Condo

$718,000

$652 per sq ft

3041 Ocean Avenue #5D

Sheepshead Bay, Brooklyn

MLS® #RLS10073163

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,101

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,101 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $354.22/mo
Property Taxes $469.68/yr
Parking Garage
Neighborhood Sheepshead Bay

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Cooling Central Air
Pets Yes
Living Area 1,101 sq ft
Parking Garage Available
Parcel # 07465-1216

Listing History

Event Date Price Change
Listed Aug 22, 2016 $725,000 -
Currently May 18, 2026 $718,000 -1.0%

Description

** OFFER ACCEPTED**Welcome to The Ocean Condominium, Sheepshead Bays premiere luxury development. Building amenities include a double-height lobby with doorman and refined seating area, fitness room, parking garage, and a roof terrace with sweeping ocean + NYC views, outfitted with lounge furniture. Apartment 5D boasts a lofty 1,101 square foot 2-bedroom 2-bathroom layout with a 79 square foot balcony and a centered, open concept floor plan that feels as organic as it does modern. This sale INCLUDES one parking space! Additional features comprise of floor-to-ceiling windows in the living room, energy-efficient Pella Windows in the bedrooms, walk-in closet in the master bedroom, HVAC hot water heaters, dedicated stackable washer/dryer closet, spa-like finishes and fixtures in bathrooms, Caesarstone countertops and stainless steel appliances in the kitchen, and Honeywall Wi-Fi smart thermostats. The Ocean Condominium is located in very close proximity to the Belt Parkway for car access, and the B/Q lines for subway access. Moments away from a variety of cafes, bars, restaurants, and markets on the Emmons Avenue and Sheepshead Bay Road strips.

Features & Amenities

Exterior Features

Balcony Building Roof Deck Balcony

Building Information

Financial Details

Common Charges $354.22/mo
RE Taxes $469.68/yr ($39/mo)
Original Price $725,000
Sale Price $718,000
Previous Price $725,000

Sheepshead Bay is a scenic waterfront neighborhood in Southern Brooklyn, famous for its fishing fleet, piers, and seafood restaurants. The area offers a unique maritime atmosphere with a relaxed, residential vibe. The real estate market features a mix of traditional multi-family brick houses, spacious pre-war cooperatives, and a growing number of modern luxury condominiums that offer stunning views of the bay and easy access to the beaches of Coney Island and Manhattan Beach.

Sheepshead Bay Live Market Data

View Neighborhood

Active Listings

23

Median Asking Price

$770K

Median $/Sqft

$493

Avg Days on Market

N/A

New This Week

1

Price Reduced

43%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/18/26, 6:39 AM EST

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Location

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3041 Ocean Avenue #5D, Sheepshead Bay, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2015
Year Built
11 years old
9
Floors
40
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,880,217
Land Value: $180,432
Exemptions: $3,995,754

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

Lot Area: 12,650 SF
Building Area: 55,481 SF
Built FAR: 4.39
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 $354.22 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $469.68, or roughly $39 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,101 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $718,000 for 1,101 sq ft, the asking price per square foot is approximately $652. 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: RLS10073163
First Listed: 8/22/2016
Price Changed: 12/7/2016
Closed: 11/17/2016
Contract Date: 8/22/2016

Listing Courtesy of The Corcoran Group - David Fernandez

Listing Contact: (917) 309-3398

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 5/18/2026 at 10:39 AM UTC

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