THE CONDO BOOK PROJECT

Ocean 24 Condominium

379 Ocean Parkway, Brooklyn, NY 11218

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Overview

Ocean 24 is a 24-unit condo in Brooklyn, with 17 parking units and 2 storage units.

  • Offering plan: Accepted July 2022 · 290 pages · floor plans on page 4
  • Finishes: 9'4" ceilings, engineered wood floors, quartz kitchen countertops, anthracite melamine cabinets, Fisher & Paykel appliances and washer/dryer hook-ups
  • Prices: $941 a square foot on average, as first offered; $22.4 million in all ($21.5 million when first offered)
  • Common charges: $194–$539 a month, the sponsor's first-year estimate
  • Sponsor: 379 Ocean Parkway, LLC, represented by Tsyngauz & Associates, P.C.
  • Neighborhood: Kensington & Parkville, Brooklyn
  • Subway: 9-minute walk to Ditmas Av (F); 12 minutes to Church Av (F, G)
  • Amendments: 4, the latest in June 2025
  1. SubmittedDecember 2022
  2. AcceptedJuly 2022
  3. 4 amendments
  4. First sale
  5. Latest sale

Sales

17 of 24homes sold (71%)
Every sale: 17 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 2026.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do Ocean 24's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 16 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 →

Amendments

Amendment 3 September 2024

Plan declared effective upon sponsor's acceptance of purchase agreements for four residential units constituting 16.67% of all units offered.

  • Plan declared effective
  • Four residential units with executed purchase agreements and down payments counted toward effectiveness threshold
  • Units 2A & PS16, 3A & PS13, 7A & PS17, 8C & PS12 included

Amendment 2 Aug 16, 2023

Amendment updates the condominium's first-year budget and operating timeline, with construction completion expected by October 2023 and condominium operations commencing January 1, 2024.

  • Certificate of occupancy expected by end of October 2023; no closings before issuance
  • First year of condominium operation: January 1, 2024 through December 31, 2024
  • First-year budget: $116,271.00 in common charges projected income and expenses
  • No units under contract as of amendment date
  • Revised Schedules B, B-1, and Schedule A attached as exhibits

Amendment 1 Dec 30, 2022

Offering prices revised for 20 residential units.

What each amendment changed, line by lineSee it free →

Team

Sponsor
379 Ocean Parkway, LLC
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
General contractors
Shapiro Development, DCD ConstructionHeld the general construction permit on DOB job 321608747

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R7A
Special district
Special Ocean Parkway District (OP)

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are Ocean 24's common charges high for the area? They're in line. Ocean 24 budgets $0.42 per square foot a month, against a $0.44 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?