416 Ocean Avenue, Apt 14

***ONLY 10% DOWN*** Bring your contractor and architect so you can Tailor Make Your Dream Palace. With a little vision and TOTAL upgrading this Maisonette unit can be transformed into an amazing Masterpiece* (SEE FLOOR PLAN) Maisonette 14 at 416 Ocean Avenue has its own private entrance direct on Ocean Avenue. (SEE FLOOR PLAN) The possibilities are endless. This Massively Scaled home is overflowing with original details and charm. Your imagination is sure to run wild from the moment you enter this amazing space. The units has Soaring Ceilings, 5 Bedrooms, four bathrooms and oversized windows. The highly sought after building is located under a minute from the B and 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, additional storage and bike storage are located in the basement.

416 Ocean Avenue, Apt 14, Brooklyn, NY 11226 Affordability

416 Ocean Avenue is a five-bedroom Prospect Park South Co-op that is selling for $1,375,000.Buying a coop in NYC can be a tricky proposition which can involve high closing costs and lots of money down. Generally speaking, you’ll be required to put down at least 20% or $68,750 for a property like this one. Luckily for you, Co-op closing costs are typically going to be quite a bit lower than those for condos, townhouses, or other types of real property.

As this apartment at 416 Ocean Avenue is priced at $1,375,000 you’ll also need to pay a mansion tax of $13,750 if you purchase this co-op. NYC recently introduced a new progressive mansion tax, which applies to all properties that sell above $1 million. For homes selling between $1 and 1.99 Million the rate is only 1%, but that goes up to 3.9% for properties that sell for more than $25 Million.

Are you interested in saving a boatload of money when you purchase 416 Ocean Avenue, Apt 14? You can save up to $27,500 with a 2% buyer broker commission rebate when you find your home on PropertyClub.

This 2450 sqft five-bedroom co-op in Prospect Park South is brought to you by Terrence, a licensed salesperson with Compass. To schedule a private showing or to get more information on 416 Ocean Avenue, Apt 14 you can reach Terrence at +12129458769.

416 Ocean Avenue, Apt 14

BUILDING AMENITIES

Location

416 Ocean Avenue, Prospect Park South, New York, NY 11226

Nearby Transit

St. Pauls Pl & Caton Ave At Se Corner

Ocean Ave & Woodruff Ave At Nw Corner

Ocean Ave & Parkside Ave At Ne Corner

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416 Ocean Avenue, Apt 14, Brooklyn, NY 11226 Affordability

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