Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1138 OCEAN Avenue #7G
Interested in this property?
Active For Sale Condo

$830,000

$676 per sq ft

1138 OCEAN Avenue #7G

Ditmas Park, Brooklyn

THE WATERFALLS

MLS® #RLS20059781

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

1,228

Sq. Ft.

2011

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,228 sq ft
Year Built 2011
Ownership Condo
HOA/Common Charges $1,055/mo
Property Taxes Contact for details
Parking Assigned, Garage
Neighborhood Ditmas Park
Floor 7 of 7

Property Highlights

  • Views: Park Greenbelt
  • Exposure: South,West facing
  • Outdoor Space: Terrace, Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7 of 7
View Park Greenbelt
Exposure South,West
Pets Yes
Year Built 2011
Living Area 1,228 sq ft
Parking Features Assigned, Garage
Structure Type HighRise
Basement Other
Parcel # 05240-1109
Block/Lot 05240/1109

Listing History

Event Date Price Change
Listed Nov 13, 2025 $870,000 -
Currently May 4, 2026 $830,000 -4.6%

Description

Welcome to Residence 7G at The Waterfalls - a spacious, sun-filled home offering indoor deeded parking, in-unit laundry, and the added benefit of an 11-year tax abatement.

This beautifully maintained 2-bedroom plus a windowed bonus room that offers exceptional flexibility for guests, a home office, or a nursery. Set at the rear of the building, the home enjoys tranquil treetop views and a peaceful backdrop of the Victorian homes that define the charming Ditmas Park neighborhood.

With 1,228 sq ft of well-designed living space, the layout features an open kitchen, generous proportions throughout, and a large private terrace perfect for relaxing or entertaining. Solid oak hardwood floors run seamlessly across the home and remain in excellent condition.

The Waterfalls is a full-service, pet-friendly condominium known for comfort, convenience, and value. Residents enjoy a daily doorman from 8 AM to 8 PM, a live-in superintendent, a fully equipped gym, a serene residents' lounge available for private events, and a beautifully landscaped outdoor area complete with an artificial-turf play space.

Perfectly located near multiple transportation options-including the B/Q trains, the B49 and B8 buses, and the BM3/4 express buses-you'll have easy access to Manhattan and the rest of Brooklyn. Brooklyn College and a variety of local shops and conveniences are moments away.

Residence 7G combines space, amenities, and long-term value-offering an ideal home in one of Brooklyn's most picturesque neighborhoods.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other In Unit

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Terrace Balcony

Building Amenities

Bike Storage Elevators

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $1,055/mo
RE Taxes Contact for details
Original Price $870,000
Previous Price $870,000

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

31

Median Asking Price

$599K

Median $/Sqft

$700

Avg Days on Market

N/A

New This Week

3

Price Reduced

35%

Sold (30 Days)

5

Median Sale Price

$1.16M

Live data from RLS at REBNY • Updated 5/4/26, 2:46 AM EST

Similar Listings in Ditmas Park

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Location

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1138 OCEAN Avenue #7G, 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 $1,055 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 1,228 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2011, making it approximately 15 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 the listing broker for weight limits or breed restrictions.

At the current list price of $830,000 for 1,228 sq ft, the asking price per square foot is approximately $676. 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: RLS20059781
First Listed: 11/13/2025
On Market: 11/13/2025
Price Changed: 1/30/2026
Contract Date: 11/13/2025

Listing Courtesy of Douglas Elliman Real Estate - Joseph Tesoriero

Listing Contact: (718) 300-0504

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 5/4/2026 at 6:46 AM UTC

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