Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $800,000

· Closed September 18, 2025

416 Ocean Avenue #63
Closed For Sale Co-op

$800,000

$500 per sq ft

416 Ocean Avenue #63

Prospect Park South, Brooklyn

MLS® #RLS20028799

RLS at REBNY

Listing by Compass

4

Bedrooms

2

Baths

1,600

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 4
Bathrooms 2
Living Area 1,600 sq ft
Year Built 1924
Ownership Co-op
Maintenance $2,398/mo
Neighborhood Prospect Park South
Floor 1 of 9

Property Highlights

  • Character: Pre-war building (1924)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 2 Full
Floor 1 of 9
Pets Yes, CatsOk, DogsOk
Year Built 1924
Living Area 1,600 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 05061-0040-00416-000-0000063
Block/Lot 05061/0040

Listing History

Event Date Price Change
Listed Jun 4, 2025 $795,000 -
Currently May 17, 2026 $800,000 +0.6%

Description

"Tailor Make Your Dream Home" Contractor special! Enormous 1,600 Sq Ft South Facing Diamond In The Rough. ***This 6th floor 3 line apartment is the only one in the building that has an additional bedroom that was taken from the adjacent apartment*** With a little vision and TOTAL upgrading this home can be transformed into an amazing haven (see floor plan). This SOUTH FACING unit is beautifully laid out and has 10 foot ceilings, 4 Bedrooms, home office plus two bathrooms and is located in one of the most Remarkable Prewar buildings in the Prospect Park South area, Residence 6 is an enormous 1,600 Sq Ft South Facing home that has the feel of a True SoHo Loft. This is due in part to the Soaring 10 Foot Ceiling, Massively Scaled Bedrooms, Tall Closets and extra storage space. Not to mention Residence 63 Explodes with sunlight. The building itself is conveniently located just across from the B & Q train, 2 stops from 7th Avenue station in Park Slope and 25 short minutes into Manhattan. Prospect Park is two blocks away along with the tennis courts and soccer fields at Parade Ground. There is a live-in super, part-time doorman, laundry room and bike storage in the basement. Best of all Pets Gifting are allowed. The Low maintenance, Simple board approval and only 10% down necessary to purchase makes this a home worth seeing. This unit needs everything.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area

Building Amenities

Elevators

Building Information

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

Financial Details

Maintenance $2,398/mo
Original Price $795,000
Sale Price $800,000
Previous Price $795,000

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

24

Median Asking Price

$659K

Median $/Sqft

$965

Avg Days on Market

N/A

New This Week

1

Price Reduced

33%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/17/26, 5:29 AM EST

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Location

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416 Ocean Avenue #63, 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 $2,398 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 2 full bathrooms.

The listed interior living area is 1,600 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 $800,000 for 1,600 sq ft, the asking price per square foot is approximately $500. 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: RLS20028799
First Listed: 6/4/2025
On Market: 6/4/2025
Price Changed: 9/18/2025
Closed: 9/18/2025
Contract Date: 6/2/2025

Listing Courtesy of Compass - Terrence T Harding

Listing Contact: (212) 945-8769

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 5/17/2026 at 9:29 AM UTC

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