Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,175,000

· Closed November 29, 2023

Closed For Sale Condo

$1,175,000

$881 per sq ft

431 Ave P #503

Ocean Parkway, Brooklyn

MLS® #RLS10919563

RLS at REBNY

Listing by Time Equities Inc

2

Bedrooms

2

Baths

1,334

Sq. Ft.

2012

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,334 sq ft
Year Built 2012
Ownership Condo
HOA/Common Charges $1,569/mo
Property Taxes $10,392/yr
Parking Garage
Neighborhood Ocean Parkway
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: East,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 5 of 6
View City
Exposure East,South,West
Cooling Central Air
Pets Yes
Cross Street East 2nd Street/East 3rd Street
Year Built 2012
Living Area 1,334 sq ft
Parking Garage Available
Structure Type None
Parcel # 06609-7501
Block/Lot 6609/7501

Listing History

Event Date Price Change
Listed Aug 15, 2022 $1,200,000 -
Currently Apr 30, 2026 $1,175,000 -2.1%

Description

"Experience Spacious Luxury: 1300 Sq. Ft. 2Bed 2Bath Apartment with Expansive Balcony! | Exceptional Building Amenities | Full Time Doorman | Optional Parking Available for Purchase | 421A Tax Abatement in Effect until 6/30/24.

Welcome to your dream home - a magnificent 5th-floor, south-facing, and generously spacious 2-bed 2-bath condo with an extraordinary large balcony, perfect for embracing sun-kissed mornings and enchanting sunsets. At the prestigious Venetian Condominium luxury building, you'll discover a lifestyle of ultimate comfort and sophistication. Step into this exquisite condo and be captivated by the seamless indoor-outdoor flow, as each room grants you direct access to the expansive balcony, creating a seamless connection with the outdoors. Embrace the serenity of the surrounding vistas and feel the gentle breeze sweep through the living space, leaving you with a sense of tranquility and peace. The master bedroom offers an opulent ensuite bathroom, a private oasis where you can unwind and rejuvenate. Pamper yourself in the comfort of a spa-like setting, complete with modern fixtures and premium finishes. The gourmet kitchen is a culinary enthusiast's dream, equipped with top-of-the-line appliances and ample counter space. Entertain guests effortlessly and create culinary masterpieces to be savored in the open-plan dining area, embraced by natural light from the balcony's panoramic views.

The convenience of having a washer and dryer in your unit brings a new level of ease to your daily routine, while the carefully curated amenities at the Venetian Condominium provide an array of opportunities for leisure and relaxation. Stay active in the state-of-the-art fitness center or gather with friends in the stylishly appointed lounge area and courtyard. Located in the heart of [City], this prestigious address offers the best of both worlds - a sanctuary of comfort and luxury just moments away from vibrant city life. With easy access to renowned restaurants, high-end shopping, cultural attractions, and convenient transportation, every aspect of modern living is within reach. Don't miss this extraordinary opportunity to call the Venetian Condominium your home. Experience the epitome of luxury living and make every day a celebration of style, sophistication, and panoramic beauty. Arrange a viewing now and unlock the door to a world of boundless possibilities!

Disclaimer: These Photos have been virtually staged.

Features & Amenities

Interior Features

Entrance Foyer Kitchen Window Building Washer Dryer Install Allowed In Unit Wheelchair Access

Exterior Features

Building Courtyard Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,569/mo
RE Taxes $10,392/yr ($866/mo)
Original Price $1,200,000
Sale Price $1,175,000
Previous Price $1,200,000

Ocean Parkway lines a 5.5-mile landmark boulevard designed by Olmsted and Vaux in 1876, flanked by Art Deco co-op buildings, prewar elevator apartments, and newer residential towers. The Q train runs along the BMT Brighton Line with stations accessible from the parkway, and the tree-lined malls provide a continuous green corridor from Prospect Park south to Coney Island.

Ocean Parkway Live Market Data

View Neighborhood

Active Listings

1

Median Asking Price

$2.00M

Median $/Sqft

$895

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 4/30/26, 7:04 AM EST

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Location

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431 Ave P #503, Ocean Parkway, Kings County • Near East 2nd Street/East 3rd Street

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2011
Year Built
15 years old
6
Floors
32
Residential Units
R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $7,399,712
Land Value: $1,125,904
Exemptions: $0

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

Lot Area: 25,015 SF
Building Area: 75,054 SF
Built FAR: 3
Allowed FAR: 3

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 $1,569 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,392, or roughly $866 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 1,334 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2012, making it approximately 14 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,175,000 for 1,334 sq ft, the asking price per square foot is approximately $881. 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: RLS10919563
First Listed: 8/15/2022
On Market: 8/15/2022
Price Changed: 5/22/2023
Closed: 11/29/2023
Contract Date: 8/15/2022

Listing Courtesy of Time Equities Inc - Terrell Annunziata

Listing Contact: (929) 487-7557

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 4/30/2026 at 11:04 AM UTC

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