575 Ocean Avenue #4-A
MLS® #RLS10788614
Listing by Compass
3
Bedrooms
2.5
Baths
1,213
Sq. Ft.
1926
Year Built
Quick Summary
Property Highlights
- Exposure: South,West facing
- Style: Prewar architecture
- Character: Pre-war building (1926)
Property Details
Description
Welcome to 575 Ocean Avenue Unit 4A. Located in Prospect Park South, this is a great affordable housing opportunity that would generally cost much more. It consists of a huge 3 bedroom, 1 1/2 bathroom apartment with over 1200 sqft of living space. In need of a makeover, this CoOp still holds tremendous value and an opportunity for the right buyer. Close to transportation, shopping, restaurants, schools, houses of worship and with just a short walk to Prospect Park, you cant ask for much more. A 20% minimum down payment is required and there is a 30% flip tax paid by the seller. . This is an HDFC cooperative with income restrictions- purchaser can not have made more than the amounts below in 2019 or 2020. Income limits are based on family size and only pertain to incoming buyers. . Family of 1 is $87,000 Family of 2 is $100,000 Family of 3 is $112,000 Family of 4 is $135,000 Family of 5 is $145,000 .
Building Information
Financial Details
About Flatbush
View All Flatbush ListingsFlatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.
Flatbush Live Market Data
View NeighborhoodActive Listings
41
Median Asking Price
$525K
Median $/Sqft
$480
Avg Days on Market
N/A
New This Week
2
Price Reduced
32%
Sold (30 Days)
4
Median Sale Price
$464K
Live data from RLS at REBNY • Updated 3/25/26, 7:36 AM EST
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Location
575 Ocean Avenue #4-A, Flatbush, Kings County • Near Church Avenue/Tennis Court
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Compass - Gregory Valvo
Listing Contact: (718) 795-6263
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.
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RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 11:36 AM UTC