Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,160,000

· Closed June 25, 2025

416 OCEAN Avenue #74
Closed For Sale Co-op

$1,160,000

$800 per sq ft

416 OCEAN Avenue #74

Prospect Park South, Brooklyn

MLS® #RLS11030076

RLS at REBNY

Listing by Serhant

3

Bedrooms

2

Baths

1,450

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,450 sq ft
Year Built 1924
Ownership Co-op
Maintenance $1,976/mo
Neighborhood Prospect Park South
Floor 9 of 9

Property Highlights

  • Views: City
  • Climate Control: Other
  • Character: Pre-war building (1924)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 2 Full
Floor 9 of 9
View City
Cooling Other
Pets Yes
Year Built 1924
Living Area 1,450 sq ft
Structure Type HighRise
Basement Other
Parcel # 05061-0040-00416-000-0000074
Block/Lot 01824/0016

Listing History

Event Date Price Change
Listed Jan 20, 2025 $1,195,000 -
Currently Jun 9, 2026 $1,160,000 -2.9%

Description

Welcome to 416 Ocean Avenue, a distinguished cooperative in the heart of Prospect Park South.

Originally the Brace Bridge Hotel, this historic building offers a unique blend of timeless charm and modern convenience. Ideally located just minutes from Prospect Park, this home is surrounded by vibrant dining, shopping, and recreational opportunities.

This beautifully reimagined home is designed for contemporary living while maintaining its pre-war elegance. Wide-plank oak flooring and custom-built storage greet you as you enter the spacious and sunlit interior. The kitchen is a standout feature, boasting marble countertops, a tiled backsplash, and Thermador appliances, including a gas cooktop, double wall oven, and suspended range hood. The open-concept layout flows into a bright dining area, separated from the expansive living room by elegant French pocket doors. East-facing windows flood the living space with natural light and offer open-sky views, perfect for relaxing or entertaining.

The primary and second bedrooms are generously sized, easily accommodating king beds and additional furniture. The sun-drenched primary suite provides a peaceful retreat, while both bathrooms have been meticulously renovated with high-end finishes and modern functionality.

416 Ocean Avenue offers an array of amenities, including a live-in superintendent, part-time doorman service, laundry facilities, and bike storage in the basement. The pet-friendly building welcomes pied- -terres and gifting, making it a versatile choice for a variety of lifestyles. Located just a block from the B and Q trains, you'll enjoy swift access to Park Slope in minutes and Manhattan in under 30 minutes. Outdoor enthusiasts will love the proximity to Prospect Park and the Parade Ground's sports fields and tennis courts.

Don't miss this opportunity to own a piece of Brooklyn history, impeccably updated for modern living.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 90
Stories 9
Structure HighRise

Financial Details

Maintenance $1,976/mo
Original Price $1,195,000
Sale Price $1,160,000
Previous Price $1,195,000

About Prospect Park South

View All Prospect Park South Listings

Prospect Park South is a designated New York City historic district featuring over 200 architect-designed homes in Queen Anne, Tudor Revival, Colonial Revival, and Italianate styles, many with spacious front yards and original period details. The B and Q trains stop at Parkside Avenue and Prospect Park stations, placing Downtown Brooklyn and Manhattan within easy reach. The neighborhood borders Prospect Park's southern edge, providing direct access to 526 acres of green space including the Parade Ground's athletic fields.

Prospect Park South Live Market Data

View Neighborhood

Active Listings

19

Median Asking Price

$649K

Median $/Sqft

$965

Avg Days on Market

N/A

New This Week

2

Price Reduced

37%

Sold (30 Days)

6

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 6/9/26, 7:19 PM EST

Similar Listings in Prospect Park South

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Location

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416 OCEAN Avenue #74, Prospect Park South, Kings County

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
10
Floors
90
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $4,643,100
Land Value: $358,650
Exemptions: $151,739

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

Lot Area: 17,700 SF
Building Area: 131,355 SF
Built FAR: 7.42
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 $1,976 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,450 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1924, making it approximately 102 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,160,000 for 1,450 sq ft, the asking price per square foot is approximately $800. 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: RLS11030076
First Listed: 1/21/2025
On Market: 1/20/2025
Price Changed: 6/26/2025
Closed: 6/25/2025
Contract Date: 1/21/2025

Listing Courtesy of Serhant - Crystal Chancey

Listing Contact: (631) 974-3379

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 6/9/2026 at 11:19 PM UTC

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