Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1138 OCEAN Avenue #8G

For Sale · Listing by Corcoran Group

1138 OCEAN Avenue #8G

Ditmas Park, Brooklyn

$865,000

Interested in this property?
Active For Sale • Condo

$865,000

$962 per sq ft

1138 OCEAN Avenue #8G

Ditmas Park, Brooklyn

THE WATERFALLS

MLS® #RLS20111516

RLS at REBNY

Listing by Corcoran Group

2
Bedrooms
1
Bath
899
Sq. Ft.
2007
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 899 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $931/mo
Property Taxes Contact for details
Parking Assigned, Garage
Neighborhood Ditmas Park
Floor 8 of 7

Property Highlights

  • Views: City
  • Outdoor Space: Wrap Around, Balcony
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 8 of 7
View City
Cooling Other
Pets Yes
Year Built 2007
Living Area 899 sq ft
Parking Features Assigned, Garage
Structure Type HighRise
Basement Other
Parcel # 05240-1117
Block/Lot 05240/1117

Listing History

Event Date Price Change
Listed Aug 28, 2026 $899,000 -
Currently Oct 14, 2026 $865,000 -3.8%

Description

Penthouse Living at The Waterfalls - Ditmas Park/Midwood, Brooklyn This top-floor two-bedroom residence at 1138 Ocean Avenue offers private outdoor space accessible from every room. A wraparound terrace connects both bedrooms, plus a third terrace off the living room - resort-style outdoor living rarely found in the city. Light pours in through multiple exposures throughout the day, and the top-floor position means no one overhead. The open-concept living space includes a designated dining area and a large custom closet. The kitchen features a prep-and-entertain island and stainless steel appliances, including a dishwasher. An in-unit washer/dryer adds everyday convenience. Both bedrooms are generously sized with ample closet space - and each one walks directly out to your own private terrace. Deeded parking included in a underground garage. The Waterfalls Condominium is a full-service, pet-friendly building with a part-time doorman (8am-8pm), live-in resident superintendent, fitness center, resident lounge, The landscaped courtyard and playroom just went through a beautiful renovation for you to enjoy. The building carries a 421a tax abatement, keeping carrying costs favorable for years to come. Located in Ditmas Park/Midwood, the building is a short distance from the Q train at Cortelyou Road, Beverley Road, and Newkirk Plaza, putting Manhattan within easy reach via express service. Prospect Park sits just to the north, and the Cortelyou Road retail corridor brings cafes, restaurants, and shops close by. A rare combination of a full-service building and one of Brooklyn's most established, tree-lined neighborhoods.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Wrap Around Balcony

Building Amenities

Bike Storage Elevators

Building Information

Financial Details

Common Charges $931/mo
RE Taxes Contact for details
Original Price $899,000
Previous Price $899,000

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

40

Median Asking Price

$690K

Median $/Sqft

$752

Avg Days on Market

N/A

New This Week

4

Price Reduced

18%

Sold (30 Days)

6

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 10/14/26, 9:50 AM EST

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Location

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1138 OCEAN Avenue #8G, Ditmas Park, Kings County

Floor Plans

Floor Plan 1

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 $931 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 899 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2007, making it approximately 19 years old.

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 Milton Coste for weight limits or breed restrictions.

At the current list price of $865,000 for 899 sq ft, the asking price per square foot is approximately $962. 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 [email protected]. 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: RLS20111516
First Listed: 8/28/2026
On Market: 8/28/2026
Price Changed: 10/8/2026
Contract Date: 8/28/2026

Listing Courtesy of Corcoran Group - Laurie M Savino

Listing Contact: (718) 309-4054

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/14/2026 at 1:50 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Ditmas Park Market Update

6 sales last 30 days · $690K median · 6.7 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Ditmas Park Borough Brooklyn
County Kings
Floor 8 of 7
Year Built 2007
First Listed 8/28/2026
Living Area 899 sqft
Common Charges $931/mo

Monthly Costs Estimate

Down Payment 20%

$173,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $931
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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