2131 Ocean Avenue Condominium
2131 Ocean Avenue, Brooklyn, NY 11229
Overview
2131 Ocean Avenue is a 16-unit condo in Brooklyn, with 14 parking units.
- Offering plan: Accepted August 2019 · 322 pages · floor plans on page 4
- Finishes: Hardwood floors, laminate kitchen countertops, Frigidare and Frigidaire appliances, washer/dryer hook-ups and split-system units for heating and cooling
- Prices: $661 a square foot on average, as first offered; $15.9 million in all ($15.8 million when first offered)
- Sponsor: Ocean Avenue Enterprises LLC, represented by Tsyngauz & Associates, P.C.
- Subway: 6-minute walk to Kings Hwy (B, Q); 16 minutes to Avenue M (Q)
- Amendments: 3, the latest in June 2020
- Units
- 16 residential · 14 parking
- Subway
- 6 min walk to Kings Hwy B QAvenue M Q, 16 min
- Average $/sf
- $661Homes in Schedule A, as first offered
- Offering price
- $15.9 million total $15.8 million when first offered
- Floor plans
- Page 4 of the plan
- SubmittedOctober 2019
- AcceptedAugust 2019
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 9 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Jun 10, 2020
Third amendment updates building certificates, unit details, common charges, smoking policy, and tax information for the condominium.
- First unit closing occurred August 17, 2020
- Final Certificate of Occupancy issued September 9, 2019
- Condominium Declaration recorded April 24, 2020
- Common charges and real estate taxes increased 27.57% due to management fees and repair estimates
- Smoking prohibited in building, units, and common elements
- Offering prices revised for Units C1, C3, 7B, and 7C
- New York State transfer tax and mansion tax rates effective July 1, 2019
- Purchasers offered rescission right through fifteenth day following service of amendment
Amendment 1 Oct 22, 2019
Offering prices increased for units 3B and 4B.
- Unit 3B price raised to $680,000.00
- Unit 4B price raised to $685,000.00
Team
- Sponsor
- Ocean Avenue Enterprises LLC
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Ponce Bank$6.6 million loan stated in the plan
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Onyx Square Condominiumnext door · 56 units · 28 parking · 2017
- Kings Point Condominiumnext door · 15 units · 2022
- Skyline Condominiumnext door · 20 units · 21 parking · 2016
- Homecrest Condominiumnext door · 22 units · 6 parking · 2020
- Ocean Manor Condominiumnext door · 37 units · 2026
- Kings Condominium0.1 mi · 12 units · 2010
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