Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
416 OCEAN Avenue #51
Interested in this property?
Active For Sale Co-op

$925,000

$1,000 per sq ft

416 OCEAN Avenue #51

Prospect Park South, Brooklyn

MLS® #RLS20082142

RLS at REBNY

Listing by Douglas Elliman Real Estate

Open House Scheduled

Sunday, May 3 • 3:00 PM – 4:00 PM

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

2

Bedrooms

1

Bath

925

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 925 sq ft
Year Built 1924
Ownership Co-op
Maintenance $1,411/mo
Neighborhood Prospect Park South
Floor 5 of 9

Property Highlights

  • Views: City Lights, City
  • Exposure: South,West facing
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 9
View City Lights, City
Exposure South,West
Cooling Window Units
Pets Yes
Year Built 1924
Living Area 925 sq ft
Structure Type HighRise
Basement Other
Parcel # 05061-0040-00416-000-0000051
Block/Lot 05061/0040

Listing History

Event Date Price Change
Listed Apr 7, 2026 $925,000 -
Currently Apr 29, 2026 $925,000 -

Description

Design pedigree. Pre-war soul. Parkside living. This is not your average two-bedroom.

Welcome to a meticulously reimagined residence where timeless pre-war character meets elevated, design-forward living. Thoughtfully renovated down to the studs by two architects for their own use, this home reflects a rare level of intention, craftsmanship, and aesthetic clarity.

Bathed in beautiful southern and western light, the apartment opens into a gracious entry foyer anchored by wide-plank oak floors that run seamlessly throughout and complimented by soaring beamed ceilings. Every detail has been considered-from upgraded electrical and custom lighting to new plumbing carried all the way to the risers. Solid core doors with refined Hamilton Sinkler hardware add a quiet sense of luxury. And oh yes, every window fitted with custom solar and blackout shades.

The open chef's kitchen, featured by Space Theory, is both striking and highly functional. Outfitted with fully integrated Bosch appliances, a 36" Wolf range, and a double stainless steel sink with a Dornbracht faucet, it's designed for both everyday ease and entertaining at a high level.

The spa-like bathroom is equally elevated, finished with Waterworks fixtures that bring a sense of calm, understated elegance.

Set within 416 Ocean Avenue, a well-maintained 90-unit cooperative just moments from Prospect Park, the professionally managed building offers a true sense of community alongside significant capital improvements-including a new roof and cornice, updated boilers, gas piping, and electrical systems. Amenities include a live-in superintendent, part-time doorman, bike and storage rooms, and pet-friendly policies. Flexible purchasing options allow co-purchasing, pied-à-terres, gifting, and up to 80% financing.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

None

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

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

Financial Details

Maintenance $1,411/mo

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

25

Median Asking Price

$675K

Median $/Sqft

$944

Avg Days on Market

N/A

New This Week

2

Price Reduced

24%

Sold (30 Days)

0

Median Sale Price

$740K

Live data from RLS at REBNY • Updated 4/28/26, 8:55 PM EST

Similar Listings in Prospect Park South

View All

Location

Loading map...

416 OCEAN Avenue #51, Prospect Park South, Kings County

Floor Plans

Floor Plan 1

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 $1,411 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 925 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 $925,000 for 925 sq ft, the asking price per square foot is approximately $1,000. 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: RLS20082142
First Listed: 4/7/2026
On Market: 4/7/2026
Price Changed: 4/7/2026
Contract Date: 4/7/2026

Listing Courtesy of Douglas Elliman Real Estate - George Shapiro

Listing Contact: (646) 820-7456

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 4/29/2026 at 12:55 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email