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    1494 Ocean Ave, Unit 1L Brooklyn, NY 11230

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    For Sale
    $498,000

    Two-bedroom, two-bath condo in Midwood with low common charges.

    Lot size:
    0.02 Acres

    Property Features for 1494 Ocean Ave

    General Information

    Lot size
    0.02 Acres
    Interior features
    1, : "Steam", "2": "Natural Gas", "3": "Units", "4": "Compactor", "5": "Dishwasher", "6": "Dryer", "7": "Gas Grill", "8": "Microwave", "9": "Refrigerator", "10": "Washer"

    Building Details

    Year built
    1922
    Source: Kw

    Listing Agent: Njoek Kong Tjon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midwood Condo with Separate Entrance

    This two-bedroom, two-bath condo is located in Midwood and features a separate entrance. The monthly common charges are $567, which include heat and hot water. The annual property tax is $5,495. Laundry facilities are available in the building. The property is conveniently located near shopping and restaurants, and is a few minutes from Brooklyn College and the express Q subway on Avenue J. Bus lines and express buses outside the building provide convenient access to Manhattan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fields of Beads Inc. Jewelry Store Law Office of Maaria ... Immigration Attorney UrgentRX Pharmacy Pharmacy United Nations Pentecostal ... Pentecostal Church Rising Star Companion Home Health Care Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.95657
    Latitude
    40.624261

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    FAQs

    What type of property is this?
    Apartment building - Two-bedroom, two-bath condo in Midwood with low common charges.
    Where is this apartment building located?
    The property is located at 1494 Ocean Ave, Unit 1L Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $498,000.
    What are key features of this property?
    This property features: - Two-bedroom, two-bath condo with included appliances; - Low monthly common charges of $567, including heat and hot water; - Low annual property tax of $5,495.00
    Request Owner's contact information
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    Brooklyn, NY 11230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1494 Ocean Ave, Unit 1L Brooklyn, NY 11230
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